$2,059,000
Miami Beach, FL 33141
MLS# A12056231
4640 sqft
Property 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.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2026-07-19
Status: Active
Original List Price: 2059000
List Price: $2,059,000
Current Price: $2,059,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Code: 33141
Subdivision Number: 7
Flood Zone: AE
Country: United States
Street Number: 7936
Street Name: Harding
Street Suffix: Avenue
State Or Province: FL
Postal Code +4: 1690
Area: 2320
Parcel Number: 0232020070490
Zoning: 3900
General Property Information
Occupant Type: Call Listing Agent
Lot Size Area: 5500
Property Sub Type: Multi Family
Building Area Main: 4640
Year Built: 1939
Lot Size Acres: 0.13
Office/Member Information
DXORIGMLSID: SEF
Flooring
Wood: 1
Parking Features
On Street: 1
Property Condition
Resale: 1
Documents Available
Copy Of Lease(s): 1
Meter Information
Number Of Meters Total: 9
Tenant Pays
Electricity: 1
Interior Electric: 1
Interior Maintenance: 1
Maintenance: 1
Location of Property
City Location: 1
Possession
Negotiable: 1
Sewer
Public Sewer: 1
Building and Property Details
# Of Tenants: 8
Building Features
Exterior Lighting: 1
Ceiling
Other: 1
Common Area Maintenance Includes
Janitorial Service: 1
Lawn Care: 1
Outside Insurance: 1
Sewer: 1
Water: 1
Heating
Window/Wall: 1
Construction Materials
CBS: 1
Listing Terms
Cash: 1
Conventional: 1
Road Frontage Type
City Street: 1
Roof
Slate: 1
Security Features
Security Fence: 1
Security Gate: 1
Water Source
Public: 1
Source Of Expenses
Owner Provided: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Showing Service: 1
Price Calculations
Current Price To SqFt: 443.75
Section Details
Parcel Number MLX: 0490
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
Originating Details
Originating System Key: 533821659
Originating System ID: M00000151
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
Listing Office: Elite Ocean View Realty LLC
Last Updated: July - 19 - 2026
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