
$2,059,000
Commercial for Sale, 7936 Harding Ave, Miami Beach, Florida 33141
- MLS#A12056231
Listed By Elite Ocean View Realty LLC
The Commercial Property for Sale located at 7936 Harding Ave, Miami Beach, Florida 33141 is currently for sale.
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
7936 Harding Ave, Miami Beach, Florida 33141
Property features
Lot/Land
- Land/Lot size:
511 m² (5,500 ft²)
Construction
- Year built: 1939
- Roofing: Slate
- Construction: Cbs Construction
Parking/Garage
- Parking description: On Street
Interior Features
- Floors: Wood
Heating and Cooling
- Heating System: Wall Or Window Units
- Cooling System: Wall Or Window Units
Utilities
- Other utilities: Public