Basic Information

  • Type Hotel Motel
  • Status Closed
  • Year Built 1952
  • Total Sqft 10,299
  • Date Listed 08/16/2019
  • Days on Market 525
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 1BED1BATH 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.

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Hotel Motel

Interior Features

  • Adjusted Sqft 10,299Sq.Ft
  • Sqft 10,299 Sq.Ft

Property Features

  • Address 7510 Harding Ave
  • Aprox. Lot Size 11,000
  • Furnished Info no
  • Subdivision Complex
  • Subdivision Info
  • Tax Amount $30,344
  • Tax Legal desc ALTOS DEL MAR NO 3 PB 8-41 LOTS 4 5 LESS E2.5FT BLK 12 LOT SIZE 100.000 X 110 OR 18678-2983 0699 1
  • Tax Year 0
  • Type of Property Hotel Motel

7510 Harding Ave

Miami Beach, FL 33141

The multiple listing information is provided by the Miami Association of Realtors® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2023-present Miami Association of Realtors®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc. tel: 305-405-0615

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