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7936 Harding Ave, Miami Beach FL 33141

Commercial For Sale
$2,059,000

BTC: 32.03422793

ETH: 1,082.18054913

13 days
0 room(s)

Overview

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.

Location

Florida • Miami Beach • 33141 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
On Street
Year Built:
1939
Lot:
5500 Square Feet
Heating:
Wall/Window Units
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,400,000
$1.8M – $4.6M
Confidence Low
List vs. estimate
$341K below estimate
List $2,059,000 · -14.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $297K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features

  • Flooring

    • Wood

    Heating

    • Wall/Window Units

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • On Street

    Lot

    • Lot: 5500 Square Feet

    Other Property Information

    • Parcel Number: 02-32-02-007-0490

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Source details

    • MLS ID: A12056231

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: City Location

    • Window Features: Complete Impact Glass

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33141
609
median $579K
Active
Same city
Miami Beach
2,428
median $602K
Active
Same type
Commercial
158
median $1.7M
Active
Similar price
$1.4M – $2.7M
249
median $1.9M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Elite Ocean View Realty LLC