7936 Harding Ave Miami Beach, FL 33141
For Sale
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.