For Sale
$2,750,000

7936 Harding Ave Miami Beach, FL 33141

Eight-unit, renovated income property

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Miami Beach multifamily property, located at 815 W 39th St, presents a compelling investment opportunity. Built in 1938, this two-story building comprises eight meticulously maintained suites, each featuring a fully renovated kitchen and private bath. Recent upgrades include new central air conditioning, electrical and plumbing systems, fixtures, and finishes, ensuring both comfort and efficiency. The property boasts a new roof and impact-resistant windows and doors, enhancing its durability and security. Currently operating at 100% occupancy, this asset provides a steady stream of income. The property's unique potential extends beyond its current configuration. Investors can explore several avenues for increased profitability, including repositioning the property as a short-term rental hotel or constructing additional units on the existing rear yard. The strategic location in Miami Beach, combined with the property's strong performance and diverse development possibilities, makes this a truly remarkable investment prospect. The asking price is $2,750,000. Further details are available in the offering memorandum.

Highlights

  • Exceptional Miami Beach multifamily investment opportunity at 815 W 39th St, asking $2,750,000.
  • 1938-built, two-story building with eight fully renovated suites, each with a private bath and updated kitchen.
  • Recent upgrades include new central AC, electrical, plumbing, fixtures, roof, and impact-resistant windows/doors.
  • Currently 100% occupied, providing strong rental income.
  • Potential for increased profitability through short-term rentals or additional unit construction.

Property Details for 7936 Harding Ave

Property type
Commercial real estate
Year Built
1938
Buildings
1
Stories
2

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.8647976
Longitude
-80.1224232

FAQs

What type of property is this?
Commercial real estate - Eight-unit, renovated income property
Where is the commercial real estate located?
The property is located at 7936 Harding Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Exceptional Miami Beach multifamily investment opportunity at 815 W 39th St, asking $2,750,000.; 1938-built, two-story building with eight fully renovated suites, each with a private bath and updated kitchen.; Recent upgrades include new central AC, electrical, plumbing, fixtures, roof, and impact-resistant windows/doors.
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7936 Harding Ave
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