7936 Harding Ave, Miami Beach FL 33141
Income/MultiFamily in Miami Beach
$2,059,000
Listing courtesy of Elite Ocean View Realty LLC; Teodoro Palmieri. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.
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Income/MultiFamily, Commercial Sale
Details
Overview
Description
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 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.
This income/multifamily home located at 7936 Harding Ave, Miami Beach FL 33141 is currently for sale and has been available on Brickellsold for 17 days. This property is listed at $2M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1939. 7936 Harding Ave, Miami Beach FL 33141 is in Miami Beach county Miami-Dade County.
Interior
- Flooring: Wood
- Common walls with other units/homes:
Property
- Parking Features: On Street
- Entry location:
- Exterior Features:
- View Description:
Construction
- Year Built: 1939
Community & HOA
- Security Features: Security Fence, Security Gate
- Amenities:
