0 Baths
7,865 sqft
$3,150,000
7435 Byron Avenue, Miami Beach FL, 33141
Price per sqft$400.51
Built in1950
Property size7,865 sqft
Property typeCommercial
Overview
Active
Listed Oct 7, 2025
Updated 37h ago
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 6.00%. Pro format Cap Rate 6.50% Pro format NOI $203.889.Offering Memorandum available upon request.
Other Property Details
- Taxes
- $32,321
- Tax Frequency
- Annually
Listed with Beachfront Realty Inc
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Data last updated 6:44 AM UTC, 10/9/2026
