7451 NORTH HARDING AVE, Miami Beach
$5,500,000 USD
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| Address | 7451 NORTH HARDING AVE, Miami Beach |
| Type of Property | Income / MultiFamily |
| Type of Business | Commercial / Residential Income, Hotel / Motel |
| Business Location | Corner Unit,Corner Lot |
| Property Style | Income Non-Waterfront |
| Price | $5,500,000 |
| Previous Price | $5,900,000 (122 days ago) |
| Property Status | Active |
| MLS Number | A11732245 |
| Property Size | 7500 |
| Lot Size | 7500 |
| Year Built | 1947 |
| Folio Number | 02-32-02-003-0190 |
| Zoning Information | 3900 |
| Days on Market | 162 |
Detailed Description: Discover an exceptional investment opportunity in the vibrant heart of Miami Beach’s Art Deco District, just steps from the pristine shoreline. This rare Short Term Rental property features 24 units, including 2-bedroom, 1-bedroom, and efficiency apartments, all under a unique mixed hotel and apartment license. With 12 hotel rooms and 12 rooms month to month lease, the property is fully occupied, easy to manage, offering a steady stream of income. Situated in a prime commercial district, the zoning allows for hotel, retail, and development projects. The City of Miami Beach is currently undergoing a significant redevelopment initiative, enhancing the area with new pathways, landscaping, retails, bike lanes, water features. Motivated seller invites offers for this unparalleled opportunity.
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33141 |
| Address | 7451 NORTH HARDING AVE |
| Business Location | Corner Unit,Corner Lot |
| Section | 3 |
| Zip Code (4 Digits) | 2823 |
Financial Information
| Price | $5,500,000 |
| Price per Foot | $0 |
| Previous Price | $5,900,000 |
| Folio Number | 02-32-02-003-0190 |
| Tax Amount | $64,266 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | Discover an exceptional investment opportunity in the vibrant heart of Miami Beach’s Art Deco District, just steps from the pristine shoreline. This rare Short Term Rental property features 24 units, including 2-bedroom, 1-bedroom, and efficiency apartments, all under a unique mixed hotel and apartment license. With 12 hotel rooms and 12 rooms month to month lease, the property is fully occupied, easy to manage, offering a steady stream of income. Situated in a prime commercial district, the zoning allows for hotel, retail, and development projects. The City of Miami Beach is currently undergoing a significant redevelopment initiative, enhancing the area with new pathways, landscaping, retails, bike lanes, water features. Motivated seller invites offers for this unparalleled opportunity. |
| Year Built Description | Resale |
| Roof Description | Other |
| Floor Description | Tile |
| Cooling Description | Wall / Window Unit (s) |
| Water Description | Public |
| Sewer Description | Public Sanitation |
Property parameters
| Living Area | 7500 |
| Lot Size | 7500 |
| Total Acreage | 0.000 |
| Zoning Information | 3900 |
| Maximum Leasable Size | 7500 |
| Year Built | 1947 |
| Type of Property | Income / MultiFamily |
| Type of Business | Commercial / Residential Income, Hotel / Motel |
| Style | Income Non-Waterfront |
| Construction Type | CBS Construction |
| Stories Number | 2 |
| Street Direction | North |
| Listed with | The Corcoran Group |