Home / Listings / A12120307

8011 Harding Ave

Miami Beach, FL 33141

MLS# A12120307

$2,900,000

1 / 6

Property Details

Bedrooms

Bathrooms

Square Feet

6,480

Year Built

1956

Property Type

Income/MultiFamily

Status

Active

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

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