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7820 Harding Ave 5 Unit Apartment Building $1,750,000 ($350,000/Unit) Miami Beach, FL 33141
Investment Highlights
- Less than 2 blocks from the Ocean and the newly renovated Open Space Park
- One of only a few properties in Miami Beach zoned for short term rental
- Short distance to great restaurants and shopping
- Minutes to Surfside, Bal Harbor Shoppes, and South Beach
Executive Summary
5 unit multifamily building in North Beach! One of only a few properties in Miami Beach zoned for short term rental with hotel, apartment hotel, air-bnb, and bed and breakfast legally permitted uses. 7820 Harding is located in the booming north beach section of Miami Beach, just 1 block from the beach and the newly renovated open space park. Tenants and guests can enjoy great restaurants, the beautiful beaches of Miami Beach, the North Shore Park Tennis Facility, great shopping and more. The property is zoned RM-1 with permitted uses for Short Term Rentals. Currently operated as a multi-family property with month-to-month leases.
Property Facts
| Price | $1,750,000 | Apartment Style | Low-Rise |
| Price Per Unit | $350,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Sale Condition | 1031 Exchange | Building Size | 3,304 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1939 |
| Property Subtype | Apartment | ||
| Zoning | RM-1 with permitted STR - Property is zoned RM-1 with STR permitted uses of Hotel, Apartment Hotel, Bed and Breakfast. | ||
| Price | $1,750,000 |
| Price Per Unit | $350,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,304 SF |
| No. Stories | 2 |
| Year Built | 1939 |
| Zoning | RM-1 with permitted STR - Property is zoned RM-1 with STR permitted uses of Hotel, Apartment Hotel, Bed and Breakfast. |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 5 | - | - |
1 1
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 02-3202-007-0570 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,494,493 |
Property Taxes
Parcel Number
02-3202-007-0570
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,494,493
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7820 Harding Ave
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