7936 Harding Ave Miami Beach, FL 33141
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 7936 Harding Ave
- Year built
- 1938
- Property type
- Commercial real estate
Description
This exceptional Miami Beach multifamily property, located at 815 W 39th St, presents a compelling investment opportunity. Built in 1938, this two-story building comprises eight meticulously maintained suites, each featuring a fully renovated kitchen and private bath. Recent upgrades include new central air conditioning, electrical and plumbing systems, fixtures, and finishes, ensuring both comfort and efficiency. The property boasts a new roof and impact-resistant windows and doors, enhancing its durability and security. Currently operating at 100% occupancy, this asset provides a steady stream of income. The property's unique potential extends beyond its current configuration. Investors can explore several avenues for increased profitability, including repositioning the property as a short-term rental hotel or constructing additional units on the existing rear yard. The strategic location in Miami Beach, combined with the property's strong performance and diverse development possibilities, makes this a truly remarkable investment prospect. The asking price is $2,750,000. Further details are available in the offering memorandum.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.1224232
- Latitude
- 25.8647976
