8011 Harding Avenue, Miami Beach, FL 33141

$2,900,000

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List Price
$2,900,000
Days on Market
1
MLS#
A12120307
Year Built
1956
Acres
0.13
MLS Area Major
2320

Property Description

8-Unit Value-Add Multifamily Opportunity | North Beach, Miami BeachOpportunity 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

Additional Information

Taxes
$36,665
Zoning
3900

Listing courtesy of STL Advisors, LLC.

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