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- LoopNet Team
7130 Harding Ave
Miami Beach, FL 33141
Costa Norte Boutique Hotel · Hospitality Property For Sale
·
8,368 SF

Investment Highlights
- Renovated 27-room hotel one block from the ocean.
- Impact windows and doors throughout.
- All new plumbing and electrical systems.
- Building recertified to 2026.
Property Facts
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1940/2016 |
| Building Class | C | Tenancy | Single |
| Lot Size | 0.13 AC | Corridor | Interior |
| Building Size | 8,368 SF | ||
| Zoning | TC-1, Miami Beach | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 8,368 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1940/2016 |
| Tenancy | Single |
| Corridor | Interior |
| Zoning | TC-1, Miami Beach |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
About 7130 HARDING AVE , MIAMI BEACH, FL 33141
MIAMI BEACH HOTEL with a triple net tenant. The newly renovated Hotel Vela Rouge offers 27 guest rooms, including 4 junior suites, one block from the ocean in popular North Beach. The property was completely renovated in 2016 with all new plumbing and electrical systems, new roof and impact windows and doors throughout. The building has been recertified to 2026. Conveniently located one block from Collins Avenue (A1A), steps from shops, restaurants and entertainment. TC-1 town center core zoning allows for hotel, retail, restaurant and other commercial uses. The North Beach area of Miami Beach is currently being revitalized with new luxury condominium developments and proposed mixed-use projects. The property has been leased to a triple net tenant offering investors a cap rate of over 6%. Flexible buyout clause for an operator.
Links
Property Taxes
| Parcel Number | 02-3211-002-0540 | Improvements Assessment | $1,041,250 |
| Land Assessment | $1,718,750 | Total Assessment | $2,760,000 |
Property Taxes
Listing ID: 9526747
Date on Market: 10/11/2017
Last Updated:
Address: 7130 Harding Ave, Miami Beach, FL 33141
The North Shore Hospitality Property at 7130 Harding Ave, Miami Beach, FL 33141 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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