Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9165 Harding Ave Surfside, FL 33154

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9165 Harding Ave Surfside, FL 33154

    View on Map
    • Apartment buildings
    • 3,268 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Isalis / (Bike/Boat/Book/etc) Store
    • Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
    • Skunk Funk / Big Box & Wholesale Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store

    Property Details for 9165 Harding Ave

    Year built
    1977
    Property size
    3,268 SF
    Property type
    Apartment buildings
    Property subtype
    Small apartment buildings

    Description

    This exceptional two-unit duplex, located at 9165 Harding Ave in Surfside, Florida, presents a compelling investment opportunity. Built in 1977, the property boasts a total of 3,268 square feet across two stories. Each unit offers a comfortable layout featuring two bedrooms and two and a half bathrooms. Currently 100% occupied, this property generates immediate rental income. Residents enjoy the convenience of a shared pool, and the property's prime location offers easy walking access to the beautiful Surfside beach, local shops, and a synagogue. The property's zoning and location also present a compelling opportunity for future redevelopment, allowing for potential expansion or repositioning to capitalize on the area's strong real estate market. The asking price for this exceptional multifamily property is $3,500,000. This is a rare chance to acquire a well-maintained, high-performing asset in a highly desirable location. The property is situated in Miami-Dade County, Florida, with a zip code of 33154. Its coordinates are 25.8792639 latitude and -80.1226883 longitude. This is an ideal investment for those seeking a strong return on investment in a thriving coastal community.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Surfside
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.1227
    Latitude
    25.8793

    Comparable in this City

    • Value Estimation by Request
      23,850 SF

      8918 Collins Ave

      Multifamily properties • 23,850 SF
      8918 Collins Ave, Surfside, FL 33154
      View Details
    • Value Estimation by Request
      10,071 SF

      1000 99Th St

      Multifamily properties • 10,071 SF
      1000 99Th St, Bay Harbor Islands, FL 33154
      View Details
    • Value Estimation by Request
      30,017 SF

      1080 93Rd St

      Multifamily properties • 30,017 SF
      1080 93Rd St, Bay Harbor Islands, FL 33154
      View Details
    • Value Estimation by Request

      1070 98Th St

      Multifamily properties
      1070 98Th St, Bay Harbor Islands, FL 33154
      View Details
    • Value Estimation by Request
      6,966 SF

      1130 102Nd St

      Multifamily properties • 6,966 SF
      1130 102Nd St, Bay Harbor Islands, FL 33154
      View Details
    • Value Estimation by Request

      1070 98Th St

      Land
      1070 98Th St, Bay Harbor Islands, FL 33154
      View Details

    Similar Nearby for Sale

    • $4,500,000

      Bay Harbor Islands Multifamily Property

      Income-producing 6-unit multifamily with redevelopment potential in Bay Harbor Islands.
      1160 100Th St, Bay Harbor Islands, FL 33154
      View Details
    • $4,500,000

      Bay Harbor Islands Multifamily Property

      Income-producing 6-unit multifamily with redevelopment potential in Bay Harbor Islands.
      1160 100Th St, Bay Harbor Islands, FL 33154
      View Details
    • $4,200,000

      Income-Producing Multifamily in Bay Harbor

      Four-unit multifamily property with redevelopment potential in Bay Harbor Islands.
      9950 E Bay Harbor Dr, Bay Harbor Islands, FL 33154
      View Details
    • $25,000,000
      0.77 Acres

      Bay Harbor Islands Redevelopment Opportunity

      Multifamily redevelopment opportunity in Bay Harbor Islands, Florida.
      1060 98Th St, Bay Harbor Islands, FL 33154
      View Details

    Similar Nearby for Lease

    • $4,500 /Mo

      Bay Harbor Islands 1-Bedroom Unit

      Charming 1-bedroom unit in Bay Harbor Islands, available for rent.
      10000 E Bay Harbor Dr, Bay Harbor Islands, FL 33154
      View Details
    • $4,500 /Mo

      Bay Harbor Islands 2-Bedroom Unit

      Charming 2-bedroom unit near beaches, shopping, and dining.
      10004 E Bay Harbor Dr, Bay Harbor Islands, FL 33154
      View Details
    • $3,500 /Mo

      Bay Harbor Islands Boutique Unit

      Charming 1-bedroom unit near beaches, shopping, and dining.
      10002 E Bay Harbor Dr, Bay Harbor Islands, FL 33154
      View Details
    • Contact for pricing
      24,130 SF

      Bay Harbor Islands Office Space

      95,819 SF office space available for lease.
      1177 Kane Concourse, Bay Harbor Islands, FL 33154
      View Details
    • Contact for pricing

      Office Space in Bay Harbor

      Office spaces available for rent in Bay Harbor Islands.
      9561 E Bay Harbor Dr, Bay Harbor Islands, FL 33154
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9165 Harding Ave
    Surfside, FL 33154
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!