7435 Byron Ave, Miami Beach, FL 33141
Miami-Dade County
Key Facts
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.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Structure Type
Multi Family
Year Built
1950
Stories
2
Living Area
7,865 sq ft
Lot Size
7,500 sq ft
Days on Market
227
MLS® Listing#
A11891843
Property Features
Cooling
Flooring
Construction
Security
Financial Details
Annual Taxes
$32,321
Parcel Number
02-32-02-003-0310
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.
Affordability Calculator
$650,000
Estimated monthly payment
$17,298/mo
Principal $2,600,000 · Est. interest $3,627,231 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Miami Beach, FL
- $533,315
- Median Listing Price
- 113
- Median Days on Market
- 1,384
- Median Sq Ft
- $414
- Median Price / Sq Ft
- 35,794
- Active Listings
- This home’s price is 509% above the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Miami Beach, FL.
Location
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Points of Interest in Miami Beach, FL
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 932 15th Street, Mexico Beach, FL | $2,275,000 | — | — | — |
| 104 N Barrett Square # 2D, Inlet Beach, FL | $2,275,000 | 3 | 2 | 1,311 |
| 2298 SW 16th Ave, Miami, FL | $2,275,000 | 4 | 4 | 2,224 |
| 8128 S Ocean Drive, Jensen Beach, FL | $2,275,000 | — | — | — |
| 245 Strand Terrace, Vero Beach, FL | $2,275,000 | 4 | 4 | 3,041 |
| 17555 Collins Ave 308, Sunny Isles Beach, FL | $2,275,000 | 3 | 3 | 2,090 |
Moving Cost Estimate
EXIT Agents in Miami Beach
Listing Courtesy: Beachfront Realty Inc - 3054050615
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