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.rnOffering Memorandum available upon request.
Address Map
FL
Miami-Dade County
Miami Beach
33141
7435 Byron Ave
W81° 52' 36.9''
N25° 51' 36.7''
MLS Addon
7435 Byron Ave, Miami Beach, Florida 33141
$3,325,000
7,500 size sq.ft.
Listing ID #A11891843
Basic Details
Property Type Commercial Sale
Listing Type For Sale
Listing ID A11891843
Price $3,325,000
Year Built 1950
Days on Market 132
Building Area 7,865
Status Active
Property SubType Income/multifamily
Lot Area 7,500 Sqft
List Date 2026-03-24
On Market Date 07/10/2025
MiamiInvestrealty
