$2,059,000
7936 Harding Ave, Miami Beach FL 33141
Income/MultiFamily · 4,640 sq ft building · Lot 5,500 sq ft · Built 1939 · Active
MLS# A12056231 · Listing courtesy of Elite Ocean View Realty LLC
Facts
- Type
- Income/MultiFamily
- Building area
- 4,640 sq ft
- Price per sq ft
- $444
- Lot
- 5,500 sq ft
- Year built
- 1939
- Zoning
- 3900
- Listed
- Jul 19, 2026
About this property
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.
Virtual tour
Location
7936 Harding Ave, Miami Beach FL 33141Open in Google Maps
Placed from the listing’s coordinates in the MLS. The street map loads from OpenStreetMap when opened. Coastline © OpenStreetMap contributors.
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Listing data last updated 10/24/2026, 10:30:57 PM ET.