7936 Harding Avenue
Miami Beach, FL 33141
Square Ft.
4,640
$2,059,000
A premier, income-generating multifamily asset in a highly coveted Miami Beach location. This standalone building features 8 stabilized units (4 studios and 4 one-bedrooms) producing a strong gross income of $164,400 per year against lean operating expenses of $40,777, resulting in a predictable Net Operating Income (NOI) of $123,623.The Ultimate… Read More Upside: Short-Term Rental Zoning. While currently fully occupied on steady one-year leases, the true alpha of this property lies in its zoning flexibility. The asset sits in a rare Miami Beach district that explicitly permits short-term rentals (STR). This allows a new owner to seamlessly pivot the asset into a high-yield vacation rental or flexible-stay model, exponentially increasing the gross revenue and cap rate. Read Less
Courtesy of Elite Ocean View Realty LLC 305-600-1278
Listing Snapshot
Days Online
94
Last Updated
Property Type
Multi Family
Square Ft.
4,640
Lot Size
0.13 Acres
Year Built
1939
MLS Number
A12056231
Additional Details
Property Access
Frontage Type: City Street
Building
Built in 1939, Construction Materials: CBS
Cooling
Wall/Window Unit(s)
Floors
Wood
Heating
Window/Wall
Lot
0.13 acres
Parking
On Street
Property
Resale
Roof
Slate
Security Features
Security Fence, Security Gate
Sewer
Public Sewer
Taxes
Parcel Number: 0232020070490, Legal Description: 2 53 42 ALTOS DEL MAR NO 3 PB 8-41 LOT 11 LESS E2.5FT BLK 8 LOT SIZE 50.000 X 110 OR 18111-4067 0598 1 COC 24736-2397 07 2006 1, Zoning: 3900
Tenant Pays
Electricity, Interior Electric, Interior Maintenance, Maintenance
Utilities
Water Source: Public
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