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    7340 Harding Ave

    Miami Beach, FL 33141
    • $3,985,000
    • STATUS: Active
    • ON SITE: 55 days
    • MLS #: A11050949
    UPDATED: 72 min ago
    $3,985,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 10,880
      SQFT
    • $366
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1947
    County:

    School Ratings & Info

    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.

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    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-07-28T22:42:07.85.
    www.pattyaccorto.com/homes/117803246
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    7340 Harding Ave Miami Beach, FL 33141

    • Price: $3,985,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: A11050949
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    10,880
    SQFT
    $366
    $/SQFT
    1947
    Built
    Neighborhood:
    Harding Townsite
    County:
    Miami-Dade
    Area:
    Harding Townsite
    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.
    Exterior Features

    Architectural Style Attached Construction Materials Cbs Construction Lot Features Less Than 1/4 Acre Lot Parking Total 0 Pool Private YN No Roof Concrete View YN No Waterfront YN No

    Interior Features

    Adjusted Square Footage 9792 Building Area Total 10880 Cooling Wall/Window Unit(S) Flooring Other Heating None Interior Features Stairs Stories Total 2

    Property Features

    Association Fee 0 Association Fee Frequency Annually Association YN No Building Name Harding Townsite Cooling YN Yes Documents Available Deposit - SecurityInvestment AnalysisCopy Of Lease(S) Heating YN No Horse YN No Internet Address Display YN Yes Internet Automated Valuation Display YN No Internet Entire Listing Display YN Yes Listing Terms All CashConventional New Construction YN No Property Condition Substantially Remodeled Property Sub Type Quadruplex Public Survey Section 2 Rent Includes Other Rent Incl Senior Community YN No Sewer Public Sewer Structure Type QuadruplexFourplex Tax Annual Amount 43249 Tax Year 2020 Year Built Details Resale Zoning 3900

    Listing courtesy of Avanti Way Realty Llc.


    Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS’s in the Southeast Florida Regional Multiple Listing Service cooperative agreement, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2021, Participating Associations/MLS’s in the SEFMLS, MIAMI Association of REALTORS, Realtor Association of Greater Ft. Lauderdale, South Broward Board of Realtors. All rights reserved. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Data last updated 2021-07-28T22:42:07.85.
     
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