Homes for sale in Miami Beach
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Income/MultiFamily
7936 Harding Ave
Miami Beach, FL 33141
$2,059,000
- Year built
- 1939
Listing courtesy of Teodoro Palmieri, Elite Ocean View Realty LLC
About this home
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.
Details
Property
- Type
- Income/MultiFamily
- Year built
- 1939
- Lot size
- 5,500 sq ft
- County
- Miami-Dade County
- Flood zone
- AE
Interior
- Flooring
- Wood
- Cooling
- Wall/Window Unit(s)
- Heating
- Wall/Window Units
Exterior and parking
- Parking
- On Street
- Construction
- CBS Construction
- Roof
- Slate
Community and fees
- Security
- Security Fence, Security Gate
- Terms
- All Cash, Conventional/Refinance
- Lease term
- Annual Lease
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated September 29, 2026.