8118 Harding Ave
Miami Beach, FL 33141
The Donovan · Hospitality Property For Sale · 10,170 SF

Hotel Boutique Description:8118 HARDING AVE MIAMI BEACH FL 33141 13,870 SQUAREFEET WITH PARKING SPACES & MOTORCYCLE SPACES 22 UNITS APARTMENTS BOUTIQUE HOTEL ( CAN BE CONVERTED INTO 24 UNITS EASY) PRICE : $4,950,000 (WE PREFERED CASH OFFERS ) (LEASE ON SITE FOR 5 YEARS WITH A RETURN OF $370K TO $390K - WITH OPTION TO RENEW) 7.68% NET CAP RATE *PARKING SPACES *TOP OF THE LINE ALARM SYSTEMS IN ALL ROOMS AND AREAS *ALL THE ACCESS UNITS DOORS WITH ELECTRONIC ENTRIES, BLINDED DOORS CONECTED BY HALLS FOR FIRE EXITS COMPLAIN WITH CODES *ENTIRE BUILDING RECONSTRUCTION: PLUMBING ALL NEW PIPES AND CONECTIONS *ELECTRICAL REPLACE FOR AN ADVANCE AND MODERN ELECTRIC PANELS & CABLES *NEW ROOF *ENTIRE BRAND NEW WALLS STRUCTURE? & FLOORS (COMPLAIN WITH CITY CODES) *ITALIAN PORCELAIN TILES *IMPACT WINDOWS , BEST QUALITY *STAINLESS STEEL APPLAINCES *COMPLETE FURNITURE (MODERN SELECTION) *SECURITY CAMERAS AT PARKING , ENTRY AND COMMON AREAS? TOTAL 22 UNITS THAT CAN BE CONVERTED EASILY IN 24 UNITS (EXISTENT 11 1/1 & 11 BIG STUDIOS HOTEL) + LOBBY (BIG AREA) RECONSTRUCTION ALL BRAND NEW!!!!! (with all brand new furnitures / stainless steel applainces) LOBBY: BIG AREA WITH SPACE FOR EVENTS AND BREAKFAST, COMPLETE KITCHEN TO COOK INCLUDED IN LOBBY, SOUND SURROUND SYSTEM Lobby and Common Areas, FINE FURNITURE CONCEPT INCLUDED