6
$2,900,000 Sale
Listed 1 day
8011 Harding Ave
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Key Facts
Key facts for 8011 Harding Ave
Property Type
Apartment, Unspecified
Parking
-
MLS #
A12120307
Size
-
Basement
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Listed on
-
Lot size
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Tax
$36,665 /yr
Days on Market
-
Year Built
1956
Maintenance Fee
-
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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Listing courtesy of: STL Advisors, LLC