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Property profile & analytics
FOR SALE
Commercial real estate

7936 Harding Ave Miami Beach, FL 33141

Built 1938
Property ID
US18-2560084
7936 Harding Ave, Miami Beach, FL 33141 For Sale
$2,059,000
7936 Harding Ave, Miami Beach, FL 33141
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Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1938
UPID US18-2560084
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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