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Casita Stays Leases Hotel In Miami Beach For $52/ft. With Broker Orine Dadon - Adar Investments & Management

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LEASED
$52

Florida

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Hotel10,170 SF
Leased 09/28/2022
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Property Image
LEASED

Casita Stays Leases Hotel In Miami Beach For $52/ft. With Broker Orine Dadon - Adar Investments & Management

8118 Harding Avenue

See Similar Deals
Hotel10,170 SF
Leased 09/28/2022
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Summary

FLORIDA
Asset Type:Hotel
Price Per Square Foot:$52
Total Square Footage:10,170 SF
Transaction Type:Lease

Located at 8118 Harding Avenue in Miami Beach, this property is a hotel asset that recently went through a lease transaction. The tenant, Casita Stays, has secured a lease agreement for this property. The deal was facilitated by broker Orine Dadon from Adar Investments & Management.

Summary of transaction details:

  • Property Type: Hotel
  • Asking Rent: $52/ft. with a total square footage of 10,170
  • Date: 09/28/2022
  • Tenant: Casita Stays
  • Broker: Orine Dadon - Adar Investments & Management

Orine Dadon played a dual role in this transaction, representing both the tenant, Casita Stays, and the landlord. This lease deal adds to Casita Stays' extensive portfolio, as they are an established local vacation rental operator with successful management of over 200+ units in Miami.

To inquire about off-market deals and opportunities, you can reach out to Orine Dadon at [email protected] or call (954) 224-1323.

Players

Orine Dadon
3 deals$27M volume(954) 224-1323
BROKER

Details

LEASED
IMAGE: Orine Dadon DATE: 09/28/2022 ADDRESS: 8118 Harding Avenue MARKET: Miami Beach ASSET TYPE: Hotel TENANT: Casita Stays (@Casitastays) BROKER: Orine Dadon (@O_Dadon) - Adar Investments & Management (@AdarInvestments) ASKING RENT: $52/ft. ~ SF: 10,170 NOTE FROM BROKER: Orine represented both parties in this transaction. Reach Orine Dadon for Off Market Deals at [email protected], (954) 224-1323. Hello Casita is the best local vacation rental operator Miami has yet to see, successfully managing over 200+ units.

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Deal Type
Effective Rent (Annual)

$606,255.79

Total Lease Value

$6,062,557.94

Net Landlord Cash Flow$606,255.79