8 Unit Short-Term Rental/Lodging Miami Beach, Miami-Dade County, Florida

Property Overview

7825 Harding Ave presents a rare and lucrative multifamily and short-term rental investment in Miami Beach's evolving North Beach neighborhood. Currently configured with four spacious studios and four 1-bedroom, 1-bathroom units, this property delivers immediate cash-flowing potential alongside massive long-term redevelopment upside.

Investment Highlights

• Property Type: 8-Unit Multifamily / Short-Term Rental Lodging Asset

• Current In-Place Yield: Generates over $900K/year in NOI as a short-term rental without major renovations.

• Repositioning Upside: Luxury hotel re-positioning or redevelopment has the potential to double current operational yields.

• Legal Short-Term Rental Status: A highly coveted, strictly regulated commodity in Miami Beach—this site offers fully legal short-term rental and Airbnb lodging use.

• Financial Incentives: Benefit from North Beach Community Redevelopment Agency (CRA) grants for property improvements and City of Miami Beach historic preservation tax incentives.

Assemblage & Development Potential

The true strategic value of 7825 Harding Ave lies in its prime adjacency to 235 78th St (the historic Jerric Apartments, a celebrated MiMo architectural landmark). Combining these parcels unlocks over 22,000 square feet of contiguous prime land, creating an ideal canvas for a flagship luxury boutique hotel or high-end residential development.

Location & Neighborhood Growth

Situated in North Beach—framed by upscale Bal Harbour to the north, North Bay Village to the west, and world-famous South Beach to the south—the area is rapidly emerging as Miami's next luxury frontier.

The submarket is attracting elite institutional developers such as Optimum Development USA (creators of the Monaco Yacht Club & Residences), Galbut, Cohen, Lefferts, Scher, Finvarb, Mehrabi, and Blavatnik, with hundreds of new luxury condos and retail spaces currently underway. Secure your position in this high-growth coastal corridor before values peak.