$2,059,000

7936 Harding Avenue, Miami Beach, FL 33141

  • 4,640 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1939
  • Property Lot Size Icon5,663sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $444/sqft
  • Property List Date Icon Listed 7 days ago

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.

Listing Status:
Active
Date Added:
July 19, 2026
Data Last Updated:
July 27, 2026 at 1:20AM
Listing Office:
Elite Ocean View Realty LLC : 305-600-1278
Listing Agent:
Teodoro Palmieri : 786-380-0581
MLS ID:
A12056231
  • Flooring: Wood
  • A/C: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Parking: On Street
  • Roofing: Slate
  • General: Block
  • Road/Access: City Street
  • Originating MLS: BEACH_MIAMI
  • County: Miami-Dade
  • Zoning: 39002 53 42 ALTOS DEL MAR NO 3 PB 8-41 LOT 11 LESS E2.5FT BLK 8 LOT SIZE 50.000 X 110 OR 18111-4067 0598 1 COC 24736-2397 07 2006 10232020070490
  • Water: Public
  • Sewer: Public Sewer
  • Source: BEACH_MIAMI

This listing courtesy of Teodoro Palmieri , Elite Ocean View Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby