7936 Harding Ave, Miami Beach, FL 33141
7936 Harding Ave, Miami Beach, FL 33141
7936 Harding Ave, Miami Beach, FL 33141
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Monica Cataluña, CCIM, ALC

Monica Cataluña, CCIM, ALC

+1(954) 812-1831
$2,059,000
Est. payment /mo
4,640 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,640 sqft

Price per Sqft $443

MLS Listing ID A12056231

HOA Y/N No

Year Built 1939

Lot Size 5,500 Sqft

Property Sub-Type Multi Family

Property 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.

Location

State FL

County Miami-dade

Area 32

Zoning 3900

Interior

Heating Window Unit, Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Hardwood, Wood

Window Features Impact Glass

Exterior

Roof Type Slate

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 02-32-02-007-0490

Security Features Fenced,Security Gate

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://youtu.be/A4yRKAhuBHQ

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Elite Ocean View Realty LLC

Nearby Locations

Monica Cataluña, CCIM, ALC

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

2665 Executive Park Drive, Suite 1 Weston, FL 33331

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7936 Harding Ave