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- LoopNet Team
7510 Harding Ave
Miami Beach, FL 33141
Sorrento Villas · Hospitality Property For Sale
·
10,299 SF
PROPERTY FACTS
AMENITIES
- Balcony
- Fitness Center
- High Speed Internet Access
- Patio
- Public Access Wifi
- Fully-Equipped Kitchen
ABOUT 7510 HARDING AVE , MIAMI BEACH, FL 33141
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 21-room Sorrento Villas located in Miami Beach, Florida. The hotel is located two blocks west of North Beach and situated blocks away from the future re-development of North Beach Town Center. Sorrento Villas is currently operating below competitive set ADR and Occupancy. The Hotel will be offered unencumbered by management, allowing a new operator to employ more aggressive sales, marketing and revenue management techniques. Sorrento Villas presents an investor with the opportunity to acquire an asset in a highly desirable region, for a price well below replacement cost.
PROPERTY TAXES
| Parcel Number | 02-3202-007-0790 | Improvements Assessment | $532,017 |
| Land Assessment | $3,300,000 | Total Assessment | $3,832,017 |
PROPERTY TAXES
