7510 Harding Ave , Miami Beach, FL 33141
Hotel Motel, 10,299 Sq.Ft.
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.
- City: Miami Beach
- Zip: 33141
- Price: $4,550,000
- County: Miami-Dade County
- Subdivision:
- Complex:
- Virtual Tour: View Virtual Tour
- Property Type: Commercial Sale
- Status: Closed
- Property Type Description: Hotel Motel
- Square Feet: 10,299
- Year Built: 1952
- Taxes: $30,344
- Foreclosure:
- Short Sale:
- MLS® #: A10725095
| Elementary School | Middle School | High School |
- Waterfront: No
- Waterfront Description:
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- Pets Allowed?: No
- Pet Restrictions:
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The data relating to real estate for sale on this web site comes in part from the participating Associations of the Miami Multiple Listing Service. The MLS data provided for the property above (A10725095) is provided courtesy of (Beachfront Realty Inc). 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. Data last updated on 04-26-2024. IDX powered by Realty Net Media
