7936 Harding Ave, Miami Beach, FL 33141
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Lab Realty Group

Lab Realty Group

+1(786) 873-2597
$ 2,059,000
Est. payment | /mo

4,640 SqFt

Save
$ 2,059,000
Est. payment | /mo
Save

4,640 SqFt

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

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

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

Nearby Locations

Lab Realty Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(786) 873-2597

thelabrg@gmail.com

255 Alhambra Cir. Ste 520, Coral Gables, Florida, 33134, USA

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7936 Harding Ave