Address
7340 Harding Ave Miami Beach, FL
Price
$ 3,985,000
Property Attributes
  • MLS#A11050949
  • TypeIncome
  • CountyMIAMI-DADE
  • CityMiami Beach
  • Area32
  • NeighborhoodHARDING TOWNSITE
  • Zip33141
  • StyleFourplex
  • Year Built1947
  • Taxes$ 43249
  • Price$ 3,985,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10880
Listing Provided Courtesy Of:
Avanti Way
Data Source:
Southeast Florida MLS SEFMLS
Property Description

This is a unique opportunity to tap into the short term rental market and make excellent profits. The building is one of the very few fully approved and permitted Permits in place by City of Miami Beach to be run as AirB'n'B. This 16 unit apartment building is located only 2 blocks from the ocean, North Shore Park and Tennis Center. Most of the units have been completely remodeled. Several ways to maximize its potential are easily obtainable.Owner currently has an LOI from a current AirB'n'B operator, who successfully manages some of the units, and potentially he could take over the whole building as NN producing a healthy 5.6% CAP. Or, operate it with no middle man and maximize the CAP to 7.1% according to our very conservative estimate.

Price History
6/2/2021 Listed $3,985,000

General Features

Architectural Style Fourplex
Cooling WallWindowUnits
Flooring Other
HOA Fee 0.0
HOA Fee Frequency Annually
Heating None
Levels Two
MLS Area 32
Pool Features None
Property SubType Quadruplex
Property Type ResidentialIncome
Rent Includes Other
Roof Concrete
Sewer PublicSewer
Terms Cash, Conventional
Year Built Details Resale
Zoning Description 3900

Interior Features

Air Conditioning Y/N Yes
Heating Y/N No
Living Area 10880.0

Exterior Features

Building Area Total 10880.0
Covered Spaces 0.0
Lot Features Item14Acre
Lot Size Units SquareFeet
Total Parking 0.0
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Income Average in 33141

Price
AVG $1.78M
$3.99M
Taxes
AVG $15,514
$43,249
Visits
AVG 169
14
Year Built
AVG 1954
1947
Walkscore
AVG 58
96
Data Provided by Walkscore ® not using MLS data