$3,150,000
7435 Byron Ave, Miami Beach FL 33141
Income/MultiFamily · 7,865 sq ft building · Lot 7,500 sq ft · Built 1950 · Active
MLS# A11891843 · Listing courtesy of Beachfront Realty Inc
Facts
- Type
- Income/MultiFamily
- Building area
- 7,865 sq ft
- Price per sq ft
- $401
- Lot
- 7,500 sq ft
- Year built
- 1950
- Stories
- 2
- Zoning
- 3900
- Taxes
- $32,321
- Listed
- Oct 7, 2025
About this property
PRIME LOCATION 10-UNIT MULTI-FAMILY IN THE HEART OF MIAMI BEACH. Fully Renovated multifamily including interior upgrades, new electrical & plumbing, new A/Cs, hurricane shutters, refreshed landscaping, and new roof (July 2025). Solid 1950 CBS construction with 10 2BR/1BA apartments with 5 private backyards. Prime North Beach location-three blocks to the ocean, near Collins/Harding. In-place rents around $2,100–$2,200/mo with renewal upside toward $2,400–$2,500. Turnkey cash flow with clear value-add from rent growth and neighborhood momentum. NOI $186789, Cap rate 6.00%. Pro format Cap Rate 6.50% Pro format NOI $203.889. Offering Memorandum available upon request.
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Location
7435 Byron Ave, Miami Beach FL 33141Open in Google Maps
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Listing data last updated 10/23/2026, 2:00:57 PM ET.