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Homes for sale in Miami Beach
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.