7510 Harding Ave

    Miami Beach, FL 33141
    • $5,000,000
    • STATUS: Active
    • ON SITE: 92 days
    • MLS #: A10725095
    UPDATED: 14 min ago
    $5,000,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    1952
    County:

    School Ratings & Info

    Description

    IMMACULATE 21 UNIT HOTEL IN THE HEART OF NORTH BEACH. UNBEATABLE LOCATION ONE BLOCK AWAY FROM THE BEACH, VERY WELL MAINTAINED. BUILDING HAS 4 1BED/1BATH UNITS, 9 REGULAR 1 BED UNITS, AND 8 HOTEL ROOMS. THE SORRENTO VILLAS IS CURRENTLY OPERATING BELOW COMPETITIVE SET ADR AND OCCUPANCY. THE HOTEL WILL BE OFFERED UNENCUMBERED MY MANAGEMENT, ALLOWING A NEW OPERATOR TO EMPLOY MORE AGGRESSIVE SALES, MARKETING AND REVENUE MANAGEMENT TECHNIQUES. THE SORRENTO VILLAS PRESENT AN INVESTOR WITH THE OPPORTUNITY TO ACQUIRE AN ASSET IN A HIGHLY DESIRABLE REGION, FOR A PRICE WELL BELOW REPLACEMENT COST.

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    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-11-17T09:41:28.66.
    www.buyingsoflo.com/homes/98042642

    7510 Harding Ave Miami Beach, FL 33141

    • Price: $5,000,000
    • Status: Active
    • Updated: 14 min ago
    • MLS #: A10725095
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    1952
    Built
    County:
    Miami-Dade
    Property Description
    IMMACULATE 21 UNIT HOTEL IN THE HEART OF NORTH BEACH. UNBEATABLE LOCATION ONE BLOCK AWAY FROM THE BEACH, VERY WELL MAINTAINED. BUILDING HAS 4 1BED/1BATH UNITS, 9 REGULAR 1 BED UNITS, AND 8 HOTEL ROOMS. THE SORRENTO VILLAS IS CURRENTLY OPERATING BELOW COMPETITIVE SET ADR AND OCCUPANCY. THE HOTEL WILL BE OFFERED UNENCUMBERED MY MANAGEMENT, ALLOWING A NEW OPERATOR TO EMPLOY MORE AGGRESSIVE SALES, MARKETING AND REVENUE MANAGEMENT TECHNIQUES. THE SORRENTO VILLAS PRESENT AN INVESTOR WITH THE OPPORTUNITY TO ACQUIRE AN ASSET IN A HIGHLY DESIRABLE REGION, FOR A PRICE WELL BELOW REPLACEMENT COST.
    Exterior Features

    Pool Private YN No Waterfront YN No

    Interior Features

    Building Area Total 5017

    Property Features

    Association YN No Business Type Hotel/Motel Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN Yes Internet Entire Listing Display YN Yes New Construction YN No Property Sub Type Hotel/Motel Senior Community YN No Special Listing Conditions Sale Tax Annual Amount 30344

    Listing courtesy of Beachfront Realty Inc.


    Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2019, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2019-11-17T09:41:28.66.
     
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