7435 Byron Ave, Miami Beach, FL 33141
- $3,250,000
- List Price
- $3,250,000
- Price Change
- ▼ $75,000 1774319832
- MLS#
- A11891843
- Status
- ACTIVE
- Type
- Commercial
Property Description
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 5.62%. Pro format Cap Rate 6.13% Pro format NOI $203.889. Offering Memorandum available upon request.
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Additional Information
- Days on Market
- 339
- Tax Amount
- $32,321
- Parcel Number
- 02-32-02-003-0310
- Lot Size
- 7,500
- Directions
- From I-95, take Exit 7 (NW 79th St) east over 79th St Causeway. Right on Abbott, left on 74th St, right on Byron; 7435 Byron Ave is on the left.
- Address
- 7435 Byron Ave, Miami Beach
- Year Built
- 1950
Mortgage Calculator
Listing Courtesy of Beachfront Realty Inc, Contact: