8118 Harding Ave Miami Beach, FL $ 5,560,000
8118 Harding Ave
$ 5,560,000

8118 Harding Ave Miami Beach, FL, 33141

$ 5,560,000
Bedrooms Baths0.0

Monthly Estimate*

$ 21,557

How much can I afford?
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Commercial Property for sale in Miami Beach, FL

for $5,560,000. This building was built in 1946 on a lot size of 13,750.

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

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Commercial Active

Price

$ 5,560,000

Property Type

Commercial

Taxes

$ 32,070

Style

Hotel/Motel

Lot Size

13,750

Year Built

1946

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A10375004

Features
Interior
Appliances Security System / Alarm Smoke Detector
Flooring Marble Floors
Interior Smoke Alarm Sprinkler
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Exterior
Construction Concrete Block
Exterior Security Gate Security Lighting
Fence Fenced
Lot Description Outbuilding(s)
Parking 1-20 Parking Spaces Assigned Parking
Road Frontage City Street
Roof Varies
Waterfront Description Beach Access
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Miscellaneous
Commercial Loading Dock(s) Sale Includes Building & Land Sale Includes Business Sale Includes Equipment Only Sale Includes Fixture/Equip Sale Includes Inventory Sale Includes Leases
Location Office Park
Maintenance Fee Includes Other
Storm Protection Complete Impact Glass High Impact Door
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Rental
Lease Terms 5+ years
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* Excluded Features
List By
Carina Moffatt

Listing Agent

Miami Beach - Weichert, Realtors® - Best Beach Real Estate

Broker


Affordability

$ 24,230 per month
Get Pre-Approved
Monthly Principal & Interest
$21,557
Monthly Property Taxes
$2,673
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby
Pricing History
DatePricePrice ChangeDescription
7/2/2018$5,560,000 -3.97 % Price Down
7/2/2018$5,790,000 Price Up
5/23/2018$5,790,000 -2.85 % Price Down
5/23/2018$5,960,000 Price Up
2/17/2018$5,960,000 2.76 % Price Up
2/16/2018$5,800,000 Price Up
2/16/2018$5,800,000 -2.68 % Price Down
2/16/2018$5,960,000 2.76 % Price Up
1/9/2018$5,800,000 -2.68 % Price Down
1/9/2018$5,960,000 Price Up
11/17/2017$5,960,000 Listed Price

Map


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8118 Harding Ave , Miami Beach, FL, 33141 is a Commercial Property for sale at $5,560,000 with a lot size of 13,750. 8118 Harding Ave has 0.0 baths and was built in 1946. The property's zip code is 33141 which is in Miami Beach, FL