7610 Harding Ave - Hospitality FOR SALE


Miami Beach, FL 33141- North Shore
$4,550,000 USD
954-661-4908
7610 Harding Ave, Miami Beach, FL for Sale
$4,550,000 USD
Hospitality - FOR SALE
1/8
null | Request Cap Rate

7610 Harding Ave
Miami Beach, FL 33141
North Shore


HIGHLIGHTS

  • Flexible Investment Opportunity: Short-Term Rental or Multifamily Use
  • North Beach Short-Term Rental Property
  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Exceptional Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of 7610 Harding Avenue (herein referred to as “the property”), a legal 11-unit short term rental building located in the extremely rare and desirable North Beach neighborhood in Miami Beach. The property was constructed of concrete block in 1952, was renovated in 2018, and is situated on an 11,000 square foot lot (0.25-acres). The property has a desirable unit mix consisting of five (5), 1-Bedroom/1-Bathroom units, five (5), 2-Bedroom/1-Bathroom units, and one (1), 3-Bedroom/3-Bathroom unit across 6,424 square feet of living area. 7610 Harding Avenue is currently operating as a Short Term Rental Property (SRT Property). The property offers a central courtyard with lush landscaping and direct entry residential units providing a comfortable living experience for residents. The Offering provides the unique opportunity to acquire a well-maintained, turn key multi-family property in the heart of Miami Beach’s affluent North Beach neighborhood. The Property is well-located between 76th and 77th Streets along Harding Avenue, just steps from Collins Avenue (A1A) which is known globally for its diverse array of dining, entertainment, and shopping options, Normandy Isles, and Normandy Shores. The Property enjoys convenient access to public beaches (Miami Beach – North Beach and North Shore Park Beach), and major roads including A1A, SR 934, and SR 907. The Property also offers convenient access to Interstate 95, which provides regional connectivity to all of South Florida. 7610 Harding Avenue presents an investor the unique opportunity to acquire a well-located multi-family property in one of the most highly desirable submarkets within Miami Beach. With significant redevelopment occurring in the immediate area in Miami Beach and the South Florida market overall, new ownership should be able to benefit from the area’s buoyant future both in terms of consistent rent growth and appreciation over the long term.

FOR SALE DETAILS

PRICE

$4,550,000 USD

PRICE/SF

$643 USD /SF

# OF ROOMS

12

PRICE/ROOM

$379,167 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7610 Harding Ave

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1952

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

02-3202-007-0730

ASK ABOUT THIS PROPERTY

David CohenHorvath & TremblayMore Info
954-661-4908

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David CohenHorvath & TremblayMore Info
954-661-4908

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.