7936 W Harding Ave Miami Beach FL 33141 MLS #A11523672

7936 W Harding Ave
Miami Beach, FL, 33141
$2,950,000
Beds
0 Baths
4,640 SqFt
0 Acres
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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.

Property Details

Price:
$2,950,000
MLS #:
A11523672
Status:
Active
Beds:
0
Baths:
0
Address:
7936 W Harding Ave
Type:
Commercial
Subtype:
Income/MultiFamily
City:
Miami Beach
Listed Date:
Jan 30, 2024
State:
FL
Finished Sq Ft:
4,640
ZIP:
33141
Year Built:
1938
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Interior

Flooring
Wood

Exterior

Construction Materials
C B S Construction

Financial

Buyer Agent Compensation
2%%
Net Operating Income
$119,801
Taxes
$21,291

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