SURFSIDE
FLORIDA
Surfside is the place to be. With over a mile of beautiful beaches and spectacular luxury beachfront hotels, it has become THE place of Miami. The property is located on Collins Av. which runs parallel to the Atlantic Ocean all the way from south beach to Sunny Isle.
8910 & 8918 Collins Av.
PROPERTY INFO
Listing consist on two multi-families on Collins Av. with a total of 18 units, a single family home on Harding Av. and a parking lot on Harding Av.
Folio Numbers: #14-2235-005-0240
#14-2253-005-0190
#14-2235-005-0230
Zoning Information on lots over Collins Av.
- Two lots with a total of 12300 sf.
- H40 (40 ft) Hotel or Residential.
- 108 Hotel units per acre.
- 79 Dwelling units pero acre.
- Limited to three stories high.
Zoning Information on lots over Harding Av.
- Two lots with a total of 11500sf.
- H30 (30ft) Residential.
- 79 dwelling units per acre.
- Limited to two stories high.
FINANCIALS
Number of Units
Year Built
Rentable sf.
Total surface sf.
Gross Potential rent
Vacancy Loss
Effective gross income
Expenses
Net operating Income
Sale Price
CAP
19
1935/40
10624
23.800 sf.
$ 264.000.00
10%
$ 237.600.00
$ 96.506.00
$ 141.094.00
$ 24.000.000.00
0.59%
8910 Collins Ave. - 8918 Collins Ave. - 8919 Harding Av.
PROPERTY INFO
Listing consist on two multi-families on Collins Av. with a total of 18 units and a single family home and a vacant lot on Harding Av.
Folio Numbers: #14-2235-005-0240
#14-2253-005-0190
#14-2235-005-0230
Zoning Information on lots over Collins Av.
- Two lots with a total of 6150 sf. each.
- H40 (40 ft) Hotel or Residential.
- 108 Hotel units per acre.
- 79 Dwelling units pero acre.
- Limited to three stories high.
Zoning Information on lots over Harding Av.
- Two lots with a total of 5750 sf. each.
- H30 (30ft) Residential.
- 79 dwelling units per acre.
- Limited to two stories high.
INFO IS BELIEVED TO BE ACCURATE
FINANCIALS
Number of Units
Year Built
Rentable sf.
Total surface sf.
Gross rent
Expenses
Net operating Income
Sale Price
19
1940
12.000 sf.
23.850 sf.
$ 400.000.00
$ 150.000.00
$ 250.000.00
$ 12.000.000.00
INFO IS BELIEVED TO BE ACCURATE
Whats happening in the area?
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SURFSIDE AERIAL VIEWS
area info
Development site for sale in SURFSIDE, one of the most desirable neighborhoods in Miami Beach. The Zip Code 33154 is conformed by the cities of Bay Harbor Islands, Bal Harbour and Surfside.
- The Surf Club Four Seasons Hotel and Residences. Designed by famous architect Richard Meier this hotel opened its door on March 2017. Includes 80 rooms hotel and two 12 story residential towers. Located just one block away from the property.
- ARTE. Designed by Antonio Citterio in collaboration with Kobi Karp. The 12 story building will be his first project here in the United States. Units will have an average of 5500 sf. Located at 8955 Collins Av. just in front of the property. www.artesurfside.com
- Fendi Chateau Residences. This building finished in early 2017 consists of 58 luxury residences on a 12 story building with a condo range size of 3500 to 7000 sf. www.fendichateauresidneces.com
- Grand Beach Hotel Surfside. www.grandbeachhotelsurfside.com
- Bal Harbour Shops. The famous miami shops of the village of Bal Harbour announced an enhancement project of 400 millions. www.balharbourshopsvision.com
- The St Regis Bal Harbour Resort. This hotel was awarded the Forbes five-strar and AAA five-diamond awards for 2017. www.stregisbalharbour.com
- OCEANA Bal Harbour. Developed by the Argentinian businessman Eduardo Constantini, the Oceana is located where the Bal Harbour Club once was. Risen with 28 floors with 240 units Oceana Bal Harbour just opened its doors really 2017. www.oceanabalharbour.com
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