7801 Byron Ave, Miami Beach, FL 33141

$1,860,000

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Sold Price
$1,860,000
List Price
$1,995,000
Closing Date
Apr 17, 2026
MLS#
A11904329
Status
CLOSED
Type
Commercial

Property Description

Currently Cash Flowing $15,450/Month! Massive $200K price drop! Fully gutted and rebuilt 7-unit multifamily just 2 blocks from the beach, now offered at a true 6.8% cap rate. Featuring (4) 1BD/1BA and (3) 2BD/1BA units—all brand new with impact windows, new electrical, plumbing, HVAC, insulation, flooring, kitchens, appliances, and designer baths. On-site laundry adds $450/mo in income. Zero deferred maintenance, premium finishes, and a prime Miami Beach location make this a rare turnkey asset delivering strong cash flow and long-term upside.

Additional Information

Days on Market
113
Tax Amount
$21,678
Water Access
Building & Land, Leases
Parcel Number
02-32-02-007-1140
Lot Size
5,650
Address
7801 Byron Ave, Miami Beach
Year Built
1939

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Calculator source: Real Geeks

Listing Courtesy of BrokerNation Real Estate, Contact:

Selling Office: BrokerNation Real Estate.