7936 Harding Avenue, Miami Beach, FL 33141

New Listing

$2,059,000

Property Type: Commercial Sale Square Footage: 4,640 Status: Active

Current Price: $2,059,000 List Date: 7/19/2026 Last Modified: 7/19/2026

Overview

Description

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.

Listing Details MLS# A12056231

General Property Information

Property Sub Type: Multi Family
Occupant Type: Call Listing Agent
Building Area Main: 4640
Year Built: 1939
Lot Size Area: 5500
Lot Size Acres: 0.13

Property Features

Building Features: Exterior Lighting Ceiling: Other Common Area Maintenance Includes: Janitorial Service; Lawn Care; Outside Insurance; Sewer; Water Documents Available: Copy Of Lease(s) Flooring: Wood Heating: Window/Wall Location of Property: City Location Parking Features: On Street Possession: Negotiable Property Condition: Resale Source Of Expenses: Owner Provided Tenant Pays: Electricity; Interior Electric; Interior Maintenance; Maintenance Construction Materials: CBS Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional Road Frontage Type: City Street Roof: Slate Security Features: Security Fence; Security Gate Sewer: Public Sewer Water Source: Public Showing Requirements: Showing Service

Contract Information

Comp Sale YN: No
Original List Price: 2059000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 7936
Street Name: Harding
Street Suffix: Avenue
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33141
Postal Code +4: 1690
Area: 2320
Parcel Number: 0232020070490
Subdivision Number: 7
Zoning: 3900
Flood Zone: AE

Financial Information

Tax Legal Description: 2 53 42 ALTOS DEL MAR NO 3 PB 8-41 LOT 11 LESS E2.5FT BLK 8 LOT SIZE 50.000 X 110 OR 18111-4067 0598 1 COC 24736-2397 07 2006 1

Status Change Information

Major Change Timestamp: 2026-07-19T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-19

More Information

Building and Property Details

# Of Tenants: 8

Meter Information

Number Of Meters Total: 9

Price Calculations

Current Price To SqFt: 443.75

Section Details

Parcel Number MLX: 0490

Originating Details

Originating System Key: 533821659
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Wood: Yes

Parking Features

On Street: Yes

Property Condition

Resale: Yes

Documents Available

Copy Of Lease(s): Yes

Tenant Pays

Electricity: Yes
Interior Electric: Yes
Interior Maintenance: Yes
Maintenance: Yes

Location of Property

City Location: Yes

Possession

Negotiable: Yes

Sewer

Public Sewer: Yes

Building Features

Exterior Lighting: Yes

Ceiling

Other: Yes

Common Area Maintenance Includes

Janitorial Service: Yes
Lawn Care: Yes
Outside Insurance: Yes
Sewer: Yes
Water: Yes

Heating

Window/Wall: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Road Frontage Type

City Street: Yes

Roof

Slate: Yes

Security Features

Security Fence: Yes
Security Gate: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Wall/Window Unit(s): Yes

Showing Requirements

Showing Service: Yes

Listing Office: Elite Ocean View Realty LLC

Last Updated: July - 19 - 2026

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7936 Harding Avenue, Miami Beach, FL 33141 (MLS# A12056231)