8011 Harding AveMiami Beach, FL 33141

Description

8-Unit Value-Add Multifamily Opportunity | North Beach, Miami Beach Opportunity to acquire an 8-unit multifamily property in a prime North Beach location, approximately one block from the beach and directly along Harding Avenue. 8011 Harding Avenue consists of eight spacious 2-bedroom / 1-bath units averaging approximately 673 SF each, within an approximately 6,480 SF building on an approximately 5,500 SF lot. The property offers a compelling value-add opportunity for an investor looking to renovate, reposition and operate in fast growing North Beach. The property benefits from RM-1 zoning and Harding Avenue's hotel / short-term rental framework, creating additional long-term optionality beyond a traditional multifamily strategy, subject to applicable licensing, change-of-use, permitting and governmental approvals. 8011 is also part of a larger contiguous ownership along Harding Avenue, providing the potential to acquire the adjacent property assembling a larger investment or redevelopment opportunity. PROPERTY HIGHLIGHTS · 8 existing residential units · 8 x 2BR / 1BA units · Approx. 6,480 SF building · Approx. 5,500 SF lot · Approx. 673 SF average unit size · Approximately one block from the beach · RM-1 zoning · Hotel and short-term rental potential, subject to approvals · Seller financing may be available, subject to terms

Property Information

Property type

Commercial Sale

Sub-type

Multi Family

Structure type

Multi Family

Year built

1956

Building area

6,480 Sq Ft

Lot size

5,500 Sq Ft

Days on market

1

MLS^® Listing#

A12120307

Property Features

Financial Details

Annual taxes

$36,665

Parcel number

02-32-02-007-0300