7936 W Harding Ave Miami Beach, FL $ 2,750,000
7936 W Harding Ave
$ 2,750,000
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7936 W Harding Ave

Miami Beach, FL, 33141
$ 2,750,000
Baths0.0 Sq 4,640

Monthly Estimate*

$ 18,277

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Studio

Commercial Property for sale in Miami Beach, FL

for $2,750,000. This 4,640 square foot building was built in 1938 on a lot size of 0.126263.

The SeaSide Suites are unique in that they offer the investor multiple plays. These include repositioning the property as a Short-Term Rental Hotel, constructing additional units in the rear yard, and raising rents to market prices. The Suites are perennially 100% occupied providing the owner/investor with steady income while new units are constructed or the requirements for Short-Term Rentals are completed. Each of the eight Suites has been lovingly restored and meticulously maintained- both inside and out. All Suites contain full kitchens and private baths- all renovated with new central A/C, electrical and plumbing systems, fixtures and finishes, a new roof, and impact windows and doors. Please see attached Offering memorandum for additional information.

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Commercial Active

Price

$ 2,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 21,291

Style

MultiFamily

Lot Size

0.126263

Year Built

1938

Town/City

Miami Beach

County/Region

Miami-Dade

MLS | Web ID

A11523672

Features
General
Possession CloseOfEscrow
Security Features Fenced SmokeDetectors
Construction Materials Block
Year Built 1938
Stories 2
Levels Two
Property SubType MultiFamily
County Miami-Dade County
Net Operating Income 119801.0
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
Directions Use NAV or GPS
City Miami Beach
View Y/N N
Senior Community Y/N N
Zoning Description 3900
MLS Area 32
Lot Size Units SquareFeet
Lot Size Square Feet 5500.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Harding Ave
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 21291.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11523672
Days on Market 125
Structure Type MultiFamily
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
Legal Description GARDEN SUB AMD PL PB 31-9 LOT 5 BLK 4 LOT SIZE 50.000 X 110 OR 16239-3034 0294 4
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Interior
Flooring Wood
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Exterior
Lot Size Area 5500.0
Number of Buildings 1
Spa N
Building Area Total 4640.0
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 7936
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* Excluded Features
List By
The Keyes Company

Broker

305-467-4026

Contact

Affordability Calculator

$20,052
Per Month
91%
9%
0%
Monthly Principal & Interest
$18,277
Monthly Property Taxes
$1,774
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/3/2024$2,750,000 -6.78% Price Down
1/30/2024$2,950,000 Listed Price

Map


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7936 W Harding Ave, Miami Beach, FL, 33141 is a Commercial Property for sale at $2,750,000 with 4,640 sqft and a lot size of 0.126263. 7936 W Harding Ave is a studio with 0.0 baths and was built in 1938. The property's zip code is 33141 which is in Miami Beach, FL