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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
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.

Property Taxes

Property Taxes

Parcel Number
02-3211-002-0540
Land Assessment
$1,718,750
Improvements Assessment
$1,041,250
Total Assessment
$2,760,000
  • Listing ID: 9526747

  • Date on Market: 10/11/2017

  • Last Updated:

  • Address: 7130 Harding Ave, Miami Beach, FL 33141

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