New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,270,000
Hotels
8601 Harding Ave Miami Beach, FL 33141-1219
Entity Owned
16-yr Hold
Free & Clear
Property ID
US18-6154321
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1951
Construction
CONCRETE
Total area
20,878 SF
Lot
0.48 ac (20,905 SF)
Zoning code
3900:MULTI-FAM,38-62 U/A
APN
02-3202-005-0620
UPID
US18-6154321
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$772k
Blend (final)
Blend
$1.27M
Owner & transaction history
Harding Investments LLC · 16 yrs held
Harding Investments LLC
since 2010
6 recorded transactions
Zoning & alternative use
3900:MULTI-FAM,38-62 U/A · Miami Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Miami Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Miami Beach submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.27M
Range $1.14M – $1.40M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$61 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$91,824
Tax year 2023
Assessed value
$7,214,964
Assessed 2023
Previous assessed
$5,356,549
+34.7% YoY
Effective rate
1.27%
On assessed value
Assessed land
$6,271,500
Assessed improvement
$943,464
Land market value
$6,271,500
Improvement market value
$943,464
Total market value
$7,214,964
Applied tax rate
200.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1951
Construction
CONCRETE
Heating
NONE
Stories
2
Units
53
Bathrooms
53
Total area
20,878 SF
Lot
0.48 ac (20,905 SF)
Zoning code
3900:MULTI-FAM,38-62 U/A
APN
02-3202-005-0620
UPID
US18-6154321
Jurisdiction
DADE
Metro division
MIAMI-MIAMI BEACH-KENDALL, FL METROPOLITAN DIVISION
Zoning & alternative use
3900:MULTI-FAM,38-62 U/A · Miami Beach, FL
Zoning 3900:MULTI-FAM,38-62 U/A · permitted uses
3900:MULTI-FAM,38-62 U/A · Miami Beach, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Miami Beach. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1951
Construction
CONCRETE
Heating
NONE
Stories
2
Units
53
Bathrooms
53
Lot
0.48 ac
Current owner
From public records · entity-resolved
Harding Investments LLC
Entity
Free & Clear · 16 yrs held
Mailing address
210 71ST ST STE #309, MIAMI BEACH, FL 33141-3235
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 6, 2010
$1,360,300
Harding Investments LLC
Stern,michael A Coc
Trustees Deed
related
—
Dec 20, 2005
—
Stern Michael A Tr
—
Trustees Deed
related
$400,000 · Metropolitan Mortgage Co Miami
Oct 7, 2005
$3,850,000
Stern Michael A Tr
Harding Investments LLC
Warranty Deed
$2,550,000 · Harding Investments LLC
May 13, 2003
$1,900,000
Harding Investments LLC
Rauf,michael A
Grant Deed
$1,500,000 · Michael A Rauf
Jul 2, 2001
$60,000
Byron Air Apartments LLP
Byronair Apartments Ltd
Grant Deed
related
—
—
—
Harding Investments LLC
—
Deed Of Trust
related
$3,000,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8601 Harding Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
