FOR_SALERisky Deal2 days on market

7840 Harding Ave APT 1

7840 Harding Ave APT 1, Miami Beach, FL 33141, Miami Beach, FL 33141
$360,000
Zestimate®:$341,400

Listing Price

Property image 1
7840 Harding Ave APT 1, Miami Beach, FL 33141
Loc: Miami Beach, FL
Days Listed
2
Tax Assessed
$222k
Zestimate®
$341k
Market Rate
Rent Estimate
$1,947/mo
Est. Cash Flow base
Type
condo

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

7

Biscayne Elementary School

PK-5
0.3 mi away
5

Nautilus Middle School

6-8
3.5 mi away
5

Miami Beach Senior High School

9-12
4.5 mi away
Haven Underwritten Market·Moderate (1.10 - 1.24x)

Miami, FL Investment Analysis (2026)

Cap Rate Range: 5.4% - 6.6% · Median Rent: $3,400/mo · Effective Tax: 0.91%

Open Miami Market Underwrite

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
4.77%
Total ROI
13.5%
Cash Flow
$-390/mo
DSCR
0.79
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-04Price change$359,000$391
2026-08-21Listed for sale$360,000$392
2026-06-23Listing removed$360,000$392
2026-06-14Listed for sale$360,000$392
2000-09-22Sold$77,500$84

Tax History

YearProperty TaxTax Assessment
2025$1,027.41$96,394
2024$985.8$93,678
2023$941.3$90,950
2022$884.38$88,301
2021$865.1$85,730
2020$847.04$84,547
2019$811.36$82,647
2018$753.26$81,106
2017$753.26$79,438
2016$735.45$77,805
2015$730.47$77,265
2014$740.85$76,652
2013$705.77$75,520
2012$705.77$74,258
2011$694.37$72,096
2010$725.17$71,031
2009$667.51$69,164
2007$849$42,083
2006$935.83$0
2005$935.83$0
2004$907.91$0
2003$855.56$0
2002$1,298.59$0
2001$1,298.59$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
918
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $360,000Rent Basis: Observed Comp Model ($1,947/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $180/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.79%

NOI: $13,655/yr

Cash-on-Cash Yield
-10.6%

On $82,800 invested

DSCR Ratio
0.61x

Negative debt coverage

5-Yr Leveraged ROI
+41.3%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.98% of basis)-$181/mo
Homeowner / Hazard Insurance-$180/mo
Vacancy Reserve (5% of rent)-$97/mo
Repairs & Maintenance (10% of rent)-$195/mo
Property Management (8% of rent)-$156/mo
Total Pure Operating Expenses-$809/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,947/mo
Less: Operating Expenses-$809/mo
Net Operating Income (NOI)+$1,138/mo
Less: Debt Service (30yr @ 6.75%)-$1,868/mo
Net Cash Flow
$-730/mo
$-8,761/year
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