7936 Harding Ave, Miami Beach, FL 33141

About This Home

A premier, income-generating multifamily asset in a highly coveted Miami Beach location. The standalone building is exceptionally well-maintained, featuring key capital improvements including impact windows throughout, newly installed individual split A/C units, and a fully completed 40-year recertification. 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.

Property Details

Flooring

Wood

Heating

Wall/Window Units

Cooling

Wall/Window Unit(s)

Parking Features

On Street

Building & Association

Association

No

Security Features

Security Fence, Security Gate

Lot & Construction

Lot Features

City Location

Lot Size Square Feet

5,500

Waterfront

No

View

No

Construction Materials

CBS Construction

Roof

Slate

New Construction

No

Public Records

Parcel Number

02-32-02-007-0490

Zoning

3900

County Or Parish

Miami-Dade County

Location