Basic Information

  • MLS # A10375004
  • Type Hotel
  • Status Sold
  • Subdivision/Complex
  • Year Built 1946
  • Total Sqft N/A
  • Date Listed 11/17/2017
  • Days on Market 563
Description

OWNER MOTIVATED! Rare opportunity to buy a boutique Hotel in Miami Beach just one block away from the ocean!22 totally reconstruction can be 23 units + Big Lobby for Breakfast + Patio for Events, all new units with European Modern Design , sale included Brand New Furniture, 9 nine parking spaces on site. Hotel has been completely updated Property is currently rented for 5 years to Hotelier Group with a triple net lease with cap on prop taxes annual income of $370,000 on first year with annual increases up to $392,000 NET CAP 6.5 to 7% BOUTIQUE BUILDING 22 UNITS 11 1 BED AND 1 BATH WITH KITCHEN & 11 HOTEL STUDIOS WITH FRIGOBAR COFFE MAKER AND MICROWAVE VERY BIG LOBBY FOR BREAKFAST AND EVENTS

Exterior Features

  • Waterfront No
  • Pool No
  • Construction Type Block
  • Exterior Features Security High Impact Doors
  • Parking Spaces 0
  • Parking Description PaverBlock
  • Style Hotel Motel

Interior Features

  • Adjusted Sqft N/A
  • Floor Description Marble, Slate
  • Sqft N/A

Property Features

  • Aprox. Lot Size 13,750
  • Construction Materials Block
  • Furnished Info No
  • Short Sale Regular Sale
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $32,070
  • Tax Information 2 53 42 HAYNSWORTH BEACH SUB PB 41-2 LOTS 23 & 24 & N1/2 LOT 25 LESS E2.5FT BLK 3 LOT SIZE 125.000 X 110 OR 16861-2374 0395 6 COC 23363-2469
  • Tax Year 2016
  • Type of Property Hotel Motel

8118 Harding Ave

Miami Beach, FL 33141

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