$3,250,000 $17,447 est/mo Sourced by Back At You
7435 Byron Ave,Miami Beach, FL 33141
Miami Beach, FL 33141
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.
Details
| MLS # | A11891843 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 325 |
| Listing Provided By | Beachfront Realty Inc | Eric Amsallem |
Features
| SQ Feet | 7,865 |
|---|---|
| Story(s) | 2 |
| Units | 10 |
| Zoning | 3900 |
| Acreage | 7500.00 |
Taxes
| Tax Annual Amount | 32321 |
|---|
Area Information
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 32 |
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Learn More About This Property
| State | FL |
|---|---|
| County | Miami Dade |
| City | Miami Beach |
| Zip Code | 33141 |
| Area | 32 |
Nearby Listings (Within 1/10 mile)
Price: $2.437M - $4.62M
sqft: 5,500 - 9,500
Listing Updated: August 26, 2026 at 4:14:44 PM PDT