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7936 W Harding Ave, Miami Beach FL 33141,Miami Beach,Miami-Dade County,Commercial Sale

$2,750,000

Commercial Sale Active

7936 W Harding Ave, Miami Beach FL 33141

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Commercial Sale Active

7936 W Harding Ave, Miami Beach FL 33141,Miami Beach,Miami-Dade County,Commercial Sale

7936 W Harding Ave, Miami Beach FL 33141

$2,750,000

Overview

Income/MultiFamily
Property Type

1938
Year Built

Description

The SeaSide Suites are unique in that they offer the investor multiple plays. These include repositioning the property as a Short-Term Rental Hotel, constructing additional units in the rear yard, and raising rents to market prices. The Suites are perennially 100% occupied providing the owner/investor with steady income while new units are constructed or the requirements for Short-Term Rentals are completed.

Each of the eight Suites has been lovingly restored and meticulously maintained- both inside and out. All Suites contain full kitchens and private baths- all renovated with new central A/C, electrical and plumbing systems, fixtures and finishes, a new roof, and impact windows and doors. Please see attached Offering memorandum for additional information.

Address

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Address Harding Ave
City Miami Beach
State/county Miami-Dade County
Zip/Postal Code 33141

Details

Updated on June 20, 2024 at 4:19 pm

Property ID: A11523672
Price: $2,750,000
Year Built: 1938
Property Type: Income/MultiFamily
Property Status: Commercial Sale

Additional details

StreetDirPrefix: W
PublicSurveyRange: 32
ShowingInstructions: Call Listing Agent
ListAgentKey: 8002f83acdb067cee23f843271d1725f
TaxLegalDescription: GARDEN SUB AMD PL PB 31-9 LOT 5 BLK 4 LOT SIZE 50.000 X 110 OR 16239-3034 0294 4
OnMarketDate: 2024-01-30
ListAgentEmail: [email protected]
ContractStatusChangeDate: 2024-01-30
MajorChangeTimestamp: 2024-06-03T13:28:44.090Z
Flooring: Wood
PhotosCount: 18
SubAgencyCompensation: 1%
StatusChangeTimestamp: 2024-01-30T14:30:07.410Z
SecurityFeatures: Smoke Detector(s),Security Fence
PriceChangeTimestamp: 2024-06-03T13:28:44.090Z
ListingKeyNumeric: 391245144
MajorChangeType: Price Decrease
ListingContractDate: 2024-01-30
Zoning: 3900
ListAOR: A-Miami Association of REALTORS
TaxAnnualAmount: 21291
ListOfficeName: The Keyes Company
OriginatingSystemKey: miamire
BusinessType: Residential-Multi-Family
PhotosChangeTimestamp: 2024-01-30T14:53:23.768Z
OriginatingSystemName: Miami Association of REALTORS®
ListOfficePhone: 305-531-5803
MlsStatus: Active
StreetNumber: 7936
GrossScheduledIncome: 164400
ListingKey: 532dfc857bcdd1b04d1abe29166bb785
StateOrProvince: FL
ShowingContactType: Agent
ListOfficeKey: fcba5909795c68534fd532930aad012a
Directions: Use NAV or GPS
BridgeModificationTimestamp: 2024-06-20T13:37:18.811Z
ListAgentFullName: Neal Deputy
ListAgentOfficePhone: 305-531-5803
Stories: 2
ParcelNumber: 02-32-27-015-0310
OperatingExpense: 44599
OtherExpense: 0
IDXParticipationYN: 1
InternetAddressDisplayYN: 1
ListAgentMlsId: 3252041
StoriesTotal: 2
ModificationTimestamp: 2024-06-20T13:34:51.290Z
OriginatingSystemID: miamire
PreviousListPrice: 2950000
DaysOnMarket: 142
TransactionBrokerCompensation: 2%
BuyerAgencyCompensationType: %
NetOperatingIncome: 119801
ListOfficeMlsId: KEYE06
Inclusions: Building & Land
ListAgentDirectPhone: 305-467-4026
StreetNumberNumeric: 7936
PostalCodePlus4: 3816
NumberOfUnitsInCommunity: 0
SyndicationRemarks: The SeaSide Suites are unique in that they offer the investor multiple plays. These include repositioning the property as a Short-Term Rental Hotel, constructing additional units in the rear yard, and raising rents to market prices. The Suites are perennially 100% occupied providing the owner/investor with steady income while new units are constructed or the requirements for Short-Term Rentals are completed. Each of the eight Suites has been lovingly restored and meticulously maintained- both inside and out. All Suites contain full kitchens and private baths- all renovated with new central A/C, electrical and plumbing systems, fixtures and finishes, a new roof, and impact windows and doors. Please see attached Offering memorandum for additional information.
ListAgentStateLicense: 3252041
PublicSurveyTownship: 32
ListOfficeFax: 305-538-7018
ListingAgreement: Exclusive Right To Sell
PublicSurveySection: 27
SpecialListingConditions: Sale
NumberOfBuildings: 1
OriginalListPrice: 2950000
BuildingAreaUnits: Square Feet
InternetEntireListingDisplayYN: 1
BuyerAgencyCompensation: 2%
OriginalEntryTimestamp: 2024-01-30T14:30:07.410Z
SourceSystemKey: 391245144
LotFeatures: Beach Access,City Location,In Residential Area
ConstructionMaterials: CBS Construction
LotSizeSquareFeet: 5500
BuildingAreaTotal: 4640
TransactionBrokerCompensationType: %