89collins 7/5/19, 1(01 pm surfside...- oceana bal harbour. developed by the argentinian businessman...
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7/5/19, 1(01 PM89collins
Page 1 of 4https://www.89collins.com/
SURFSIDEFLORIDA
Surfside is the place to be. With over a mile of beautiful beachesSurfside is the place to be. With over a mile of beautiful beachesand spectacular luxury beachfront hotels, it has become THEand spectacular luxury beachfront hotels, it has become THEplace of Miami. The property is located on Collins Av. which runsplace of Miami. The property is located on Collins Av. which runsparallel to the Atlantic Ocean all the way from south beach toparallel to the Atlantic Ocean all the way from south beach toSunny IsleSunny Isle. .
8910 & 8918 Coll in s Av. 8910 & 8918 Coll in s Av.
PROPERTY INFOListing consist on two multi-families on Collins Av. with a totalof 18 units, a single family home on Harding Av. and aparking lot on Harding Av.
Folio NumbersFolio Numbers: #14-2235-005-0240 #14-2253-005-0190 #14-2235-005-0230
Zoning Information on lots over Collins Av. 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.
FINANCIALS
Number of UnitsNumber of Units
Year BuiltYear Built
Rentable sf.Rentable sf.
Total surface sf.Total surface sf.
Gross Potential rentGross Potential rent
Vacancy LossVacancy Loss
Effective gross incomeEffective gross income
19
1935/40
10624
23.800 sf.
$ 264.000.00
10%
$ 237.600.00
8910 & 8918 Coll in s Av. 8910 & 8918 Coll in s Av.
PROPERTY INFOListing consist on one multi-families on Collins Av. with a totalof 8 units and a single family home on Harding Av.
Folio NumbersFolio Numbers: #14-2235-005-0240 #14-2253-005-0190
Zoning Information on lot over Collins Av. Zoning Information on lot over Collins Av. - one lot with a total of 6150 sf.- H40 (40 ft) Hotel or Residential.- 108 Hotel units per acre.- 79 Dwelling units pero acre.
FINANCIALS
Number of UnitsNumber of Units
Year BuiltYear Built
Rentable sf.Rentable sf.
Total surface sf.Total surface sf.
Gross Potential rentGross Potential rent
Vacancy LossVacancy Loss
9
1940
5258 sf.
11900 sf.
$ 142.000.00
10%
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Zoning Information on lots over Harding Av.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.
ExpensesExpenses
Net operating IncomeNet operating Income
Sale PriceSale Price
CAPCAP
$ 96.506.00
$ 141.094.00
$ 24.000.000.00
0.59%
SURFSIDE
Map data ©2019Report a map error500 m
- Limited to three stories high. Zoning Information on lot over Harding Av.Zoning Information on lot over Harding Av.- one lots with a total of 5750 sf.- H30 (30ft) Residential. - 79 dwelling units per acre.- Limited to two stories high.
Effective gross incomeEffective gross income
ExpensesExpenses
Net operating IncomeNet operating Income
Sale PriceSale Price
$ 127.800.00
$ 50.000.00
$ 77.800.00
$ 8.500.000.00$ 8.500.000.00
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Whats happening in the area?Whats happening in the area?
Whats happening in the area?the areathe areaSURFSIDE AERIAL VIEWS
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area info The area is experiencing a huge redevelopment. The Zip Code 33154 is conformed by the cities of Bay Harbor Islands, Bal Harbour andSurfside.
- The Surf Club Four Seasons Hotel and Residences.The Surf Club Four Seasons Hotel and Residences. Designed by famous architect Richard Meier this hotel opened its door on March2017. Includes 80 rooms hotel and two 12 story residential towers. Located just one block away from the property. www.thesurfclub.com
- ARTEARTE. Designed by Antonio Citterio in collaboration with Kobi Karb. 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.Fendi Chateau Residences. This building finished in early 2017 consists of 58 luxury residences on a 12 story building with a condo rangesize of 3500 to 7000 sf. www.fendichateauresidneces.com
- Grand Beach Hotel SurfsideGrand Beach Hotel Surfside. www.grandbeachhotelsurfside.com
- Bal Harbour Shops.Bal Harbour Shops. The famous miami shops of the village of Bal Harbour announced an enhancement project of 400millions. www.balharbourshopsvision.com
- The St Regis Bal Harbour ResortThe 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.OCEANA Bal Harbour. Developed by the Argentinian businessman Eduardo Constantini, the Oceana is located where the Bal HarbourClub once was. Risen with 28 floors with 240 units Oceana Bal Harbour just opened its doors really 2017. www.oceanabalharbour.com
7/5/19, 1(01 PM89collins
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