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$ 2,900,000
Est. payment | /mo
6,480 SqFt
$ 2,900,000
Est. payment | /mo
6,480 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,480 sqft
Price per Sqft $447
MLS Listing ID A12120307
HOA Y/N No
Year Built 1956
Annual Tax Amount $36,665
Lot Size 5,500 Sqft
Property Sub-Type Multi Family
Property Description
8-Unit Value-Add Multifamily Opportunity | North Beach, Miami Beach
Opportunity to acquire an 8-unit multifamily property in a prime North Beach location, approximately one block from the beach and directly along Harding Avenue.
8011 Harding Avenue consists of eight spacious 2-bedroom / 1-bath units averaging approximately 673 SF each, within an approximately 6,480 SF building on an approximately 5,500 SF lot. The property offers a compelling value-add opportunity for an investor looking to renovate, reposition and operate in fast growing North Beach.
The property benefits from RM-1 zoning and Harding Avenue's hotel / short-term rental framework, creating additional long-term optionality beyond a traditional multifamily strategy, subject to applicable licensing, change-of-use, permitting and governmental approvals.
8011 is also part of a larger contiguous ownership along Harding Avenue, providing the potential to acquire the adjacent property assembling a larger investment or redevelopment opportunity.
PROPERTY HIGHLIGHTS
· 8 existing residential units
· 8 x 2BR / 1BA units
· Approx. 6,480 SF building
· Approx. 5,500 SF lot
· Approx. 673 SF average unit size
· Approximately one block from the beach
· RM-1 zoning
· Hotel and short-term rental potential, subject to approvals
· Seller financing may be available, subject to terms
Opportunity to acquire an 8-unit multifamily property in a prime North Beach location, approximately one block from the beach and directly along Harding Avenue.
8011 Harding Avenue consists of eight spacious 2-bedroom / 1-bath units averaging approximately 673 SF each, within an approximately 6,480 SF building on an approximately 5,500 SF lot. The property offers a compelling value-add opportunity for an investor looking to renovate, reposition and operate in fast growing North Beach.
The property benefits from RM-1 zoning and Harding Avenue's hotel / short-term rental framework, creating additional long-term optionality beyond a traditional multifamily strategy, subject to applicable licensing, change-of-use, permitting and governmental approvals.
8011 is also part of a larger contiguous ownership along Harding Avenue, providing the potential to acquire the adjacent property assembling a larger investment or redevelopment opportunity.
PROPERTY HIGHLIGHTS
· 8 existing residential units
· 8 x 2BR / 1BA units
· Approx. 6,480 SF building
· Approx. 5,500 SF lot
· Approx. 673 SF average unit size
· Approximately one block from the beach
· RM-1 zoning
· Hotel and short-term rental potential, subject to approvals
· Seller financing may be available, subject to terms
Location
State FL
County Miami-dade
Area 32
Zoning 3900
Exterior
Private Pool Yes
Building
Lot Description Flood Zone
Others
Tax ID 02-32-02-007-0300
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12120307
Listed by STL Advisors, LLC
Nearby Locations
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