








USD 8,000,000
7510 Harding Ave
Miami Beach, Florida 33141
Property Description
We are Pleased to present the 21-room Sorrento Villas Hotel, located in Miami Beach, Fl, two blocks west of N. Beach and a few blocks away from the future re-development of North Beach Town Center. The 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. Location of zoning change is between Indian Creek Dr, Dickens Ave., 72nd St., Collins Ave., and 69th St. • Developer plans to build two 220-ft-tall buildings at 71st St. and Abbot Ave. that will be geared toward recent college graduates. • The zoning also allows to build small hotel rooms and apartment units in order to encourage market-rate affordable units.
Listed by Beachfront Realty Inc
Property Details
- ID #
- A11161245
- Status
- Sale
- Type
- Commercial, Industrial, Hotel
- Zip Code
- 33141
- Year Built
- 1952
- Parking Spaces
- 4
- Building Feature
- Smoke alarms
- Roof Material
- Tile roof
- Construction
- CBS Construction
- Floor
- Ceramic Floor
- Occupancy
- Tenant Occupied
- Parking
- Common Parking
- Road Frontage
- City Road
- Road Type
- Two Lane
- Type of Building
- Commercial/Residential Income, Hotel/Motel
- Utilities
- Internet
- Zoning Information
- 3900
Marilina Apfelbaum
18205 Biscayne Blvd Suite 2205
Aventura, Florida
Mobile: +1 786-287-3633