Prime 20-Unit Apartment Building in Miami Beach – Value-Add Opportunity! Located just steps from the beach, this 20-unit apartment building is a true cash cow with significant upside potential. Currently generating solid cash flow, this property offers a p

7300 HARDING AVE, Miami Beach

$4,500,000 USD
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Address7300 HARDING AVE, Miami Beach
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Residential-Multi-Family
Price$4,500,000
Previous Price$5,000,000 (40 days ago)
Property StatusActive
MLS NumberA11765723
Property Size7500
Lot Size7500
Year Built1954
Folio Number02-32-02-003-0950
Gross Operating Income$27,200
Net Operating Income$16,000
Zoning Information3900
Days on Market47

Detailed Description: Prime 20-Unit Apartment Building in Miami Beach – Value-Add Opportunity! Located just steps from the beach, this 20-unit apartment building is a true cash cow with significant upside potential. Currently generating solid cash flow, this property offers a prime value-add opportunity through rent increases, stabilizing occupancy, and completing the ongoing 70-year recertification. With strategic upgrades and improved management, there’s immense potential to boost gross monthly income by bringing rents to market rates and resolving remaining certification and violation clearances. Don’t miss out on this incredible investment opportunity in one of Miami Beach’s most desirable locations. Schedule a tour today!

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33141
Address7300 HARDING AVE
Zip Code (4 Digits)2796
Financial Information
Price$4,500,000
Price per Foot$0
Previous Price$5,000,000
Folio Number02-32-02-003-0950
Gross Operating Income$27,200
Net Operating Income$16,000
Tax Amount$53,488
Possession InformationFunding
Full Descriptions
Detailed DescriptionPrime 20-Unit Apartment Building in Miami Beach – Value-Add Opportunity! Located just steps from the beach, this 20-unit apartment building is a true cash cow with significant upside potential. Currently generating solid cash flow, this property offers a prime value-add opportunity through rent increases, stabilizing occupancy, and completing the ongoing 70-year recertification. With strategic upgrades and improved management, there’s immense potential to boost gross monthly income by bringing rents to market rates and resolving remaining certification and violation clearances. Don’t miss out on this incredible investment opportunity in one of Miami Beach’s most desirable locations. Schedule a tour today!
Year Built DescriptionResale
Parking DescriptionOn Street
Property parameters
Living Area7500
Lot Size7500
Total Acreage0.000
Zoning Information3900
Maximum Leasable Size7500
Year Built1954
Type of PropertyIncome / MultiFamily
Type of BusinessApartments, Residential-Multi-Family
Stories Number2
Listed withLPT Realty, LLC