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7610 Harding Ave 7610 Harding Ave 12 Room Hotel Miami Beach, FL 33141 $6,314,535 CAD ($526,211 CAD/Room)



Investment Highlights
- Flexible Investment Opportunity: Short-Term Rental or Multifamily Use
- Access & Connectivity
- Exceptional Demographics
- North Beach Short-Term Rental Property
- Area Amenities & Demand Drivers
Executive Summary
Horvath & Tremblay is pleased to present the exclusive sale of 7610 Harding Avenue (herein referred to as “the property”), a legal 11-unit short term rental building located in the extremely rare and desirable North Beach neighborhood in Miami Beach. The property was constructed of concrete block in 1952, was renovated in 2018, and is situated on an 11,000 square foot lot (0.25-acres). The property has a desirable unit mix consisting of five (5), 1-Bedroom/1-Bathroom units, five (5), 2-Bedroom/1-Bathroom units, and one (1), 3-Bedroom/3-Bathroom unit across 6,424 square feet of living area. 7610 Harding Avenue is currently operating as a Short Term Rental Property (SRT Property). The property offers a central courtyard with lush landscaping and direct entry residential units providing a comfortable living experience for residents. The Offering provides the unique opportunity to acquire a well-maintained, turn key multi-family property in the heart of Miami Beach’s affluent North Beach neighborhood. The Property is well-located between 76th and 77th Streets along Harding Avenue, just steps from Collins Avenue (A1A) which is known globally for its diverse array of dining, entertainment, and shopping options, Normandy Isles, and Normandy Shores. The Property enjoys convenient access to public beaches (Miami Beach – North Beach and North Shore Park Beach), and major roads including A1A, SR 934, and SR 907. The Property also offers convenient access to Interstate 95, which provides regional connectivity to all of South Florida. 7610 Harding Avenue presents an investor the unique opportunity to acquire a well-located multi-family property in one of the most highly desirable submarkets within Miami Beach. With significant redevelopment occurring in the immediate area in Miami Beach and the South Florida market overall, new ownership should be able to benefit from the area’s buoyant future both in terms of consistent rent growth and appreciation over the long term.
Property Facts
| Price | $6,314,535 CAD | Lot Size | 0.25 AC |
| Price Per Room | $526,211 CAD | Building Size | 7,079 SF |
| Sale Type | Investment | No. Rooms | 12 |
| Property Type | Hospitality | No. Stories | 1 |
| Property Subtype | Hotel | Year Built/Renovated | 1952/2018 |
| Building Class | C | Corridor | Exterior |
| Price | $6,314,535 CAD |
| Price Per Room | $526,211 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 7,079 SF |
| No. Rooms | 12 |
| No. Stories | 1 |
| Year Built/Renovated | 1952/2018 |
| Corridor | Exterior |
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 12 | $99.92 CAD | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02-3202-007-0730 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $3,622,685 CAD |
Property Taxes
Parcel Number
02-3202-007-0730
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,622,685 CAD
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