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7936 Harding Ave, Miami Beach, FL
Offering:
For Sale
Location:
Miami Beach, FL 33141
Status:
Active
$2,059,000
Deemed reliable but not guaranteed.
Details
Year built:
1939
Lot size:
5,500 sq ft
Days on market:
72
Type:
Multi-family
MLS ID
A12056231
Virtual tour:
Listed by:
Elite Ocean View Realty LLC (EOVR01)
Listing office phone:
305-600-1278
Listing office email:
Listing agent:
Teodoro Palmieri (3066859)
Features
Utilities
Water source:
Public
Sewer:
Public Sewer
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.
Price history
$2,059,000 → $2,059,000
· 1 price changes
Location
7936 Harding AveMiami Beach, FL 33141
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MLS information
Last updated Sep 29, 2026
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