About 7936 Harding Avenue
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.
Features of 7936 Harding Avenue
| MLS® # | A12056231 |
|---|---|
| Price | $2,059,000 |
| Acres | 0.13 |
| Year Built | 1939 |
| Type | Commercial |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 7936 Harding Avenue |
|---|---|
| Area | 2320 |
| City | Miami Beach |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33141 |
| HOPA | No Hopa |
Amenities
| Parking | On Street |
|---|
Interior
| Heating | Window/Wall |
|---|---|
| Cooling | Wall/Window Unit(s) |
Exterior
| Roof | Slate |
|---|---|
| Construction | CBS |
Additional Information
| Zoning | 3900 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Elite Ocean View Realty LLC |
|---|