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 $181319, Cap rate 5.58%. Pro format Cap Rate 6.28% Pro format NOI $204.059.
Offering Memorandum available upon request.
Features
- Cooling System
- Security
Address Map
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami Beach
- Zipcode:
- 33141
- Street:
- 7435 Byron Ave, Miami Beach, Florida 33141
- Longitude:
- W81° 52' 36.9''
- Latitude:
- N25° 51' 36.8''
MLS Addon
- Building Area:
- 7,865 Sqft
- Construction Materials:
- Block
- Cumulative DOM:
- 167
- DOM:
- 167
- 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.
- Exterior Features
- Flooring:
- Laminate
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash
- Parcel Number:
- 02-32-02-003-0310
- Structure Type:
- Apartment, Multi Family
- Tax Annual Amount:
- $32,321
- Virtual Tour:
- Click Here
Commercial Sale For Sale
7435 Byron Ave, Miami Beach, Florida 33141, Miami Beach, Florida 33141
7,500 Sqft
$3,250,000
MLS # #A11891843
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Price :
- $3,250,000
- Year Built :
- 1950
- Lot Area :
- 7,500 Sqft
- MLS # :
- A11891843
- Property Sub Type :
- Multi Family
