1 / 427936 Harding Avenue
Miami Beach, FL 33141
MLS # A12056231· Active IDX
$2,059,000
- Bathrooms
- 0
- Living area
- 4,640 sq ft
- Lot size
- 0.13 acres
- Year built
- 1939
- Type
- Multi Family
- Days on market
- 110
About this home
A premier, income-generating multifamily asset in a highly coveted Miami Beach location. The standalone building is exceptionally well-maintained, featuring key capital improvements including impact windows throughout, newly installed individual split A/C units, and a fully completed 40-year recertification. 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
| MLS # | A12056231 |
|---|---|
| Status | Active |
| County | Miami-Dade |
| ZIP | 33141 |
| Construction | CBS |
| Roof | Slate |
| Flooring | Wood |
| Heating | Window/Wall |
| Cooling | Wall/Window Unit(s) |
| Water | Public |
| Sewer | Public Sewer |
Listing courtesy of Elite Ocean View Realty LLC, Teodoro Palmieri. Last updated Nov 2, 2026, 4:47 AM ET.
Request a showing
Mention MLS # A12056231 (7936 Harding Avenue) and when you would like to visit. A licensed real-estate professional will contact you.
Licensed brokerage
Premier Real Estate Group Inc
Broker of record Maxim Bohadana, Florida broker license BK3314523
(888) 440-3766The data relating to real estate for sale on this website comes in part from the IDX Program of BeachesMLS, Inc. Information is deemed reliable but not guaranteed. Listings held by brokerages other than Premier Real Estate Group Inc are marked with the IDX logo and detailed information about them includes the name of the listing broker. Last updated Nov 2, 2026, 4:47 AM ET.