New Listing8-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
| MLS # | A12120307 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1956 |
| Days On Site | 5 |
| Listing Provided By | STL Advisors, LLC | Max Loria |
| SQ Feet | 6,480 |
|---|---|
| Units | 8 |
| Zoning | 3900 |
| Acreage | 5500.00 |
| Lot Features | Flood Zone |
|---|
| Tax Annual Amount | 36665 |
|---|
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 32 |
| Listing VS Median (in 33141) | |
Price: $2,900,000 low | high Med: $8,500 sqft: 6,480 low | high Med: 1,322 $ / sqft: $448 low | high Med: $6 On site: 5 low | high Med: 1322 | |
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 32 |
| Listing VS Median (in 33141) | |
Price: $2,900,000 low | high Med: $8,500 sqft: 6,480 low | high Med: 1,322 $ / sqft: $448 low | high Med: $6 On site: 5 low | high Med: 1322 | |
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