7435 Byron Ave, Miami Beach, FL 33141
Local realty services provided by:Better Homes and Gardens Real Estate Destinations
Listed by: eric amsallem
Office: beachfront realty inc305-405-0615
MLS#:A11891783
Source:SEFMLS
Price summary
- Price:$3,250,000
- Price per sq. ft.:$413.22
About this home
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.
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Home facts
- Year built:1950
- Subdivision & Development:HARDING TOWNSITE
- Listing ID #:A11891783
- Updated:August 15, 2026 at 09:57 AM
Rooms and interior
- Flooring:Vinyl
- Living area:7,865 sq. ft.
Heating and cooling
- Cooling:Central Air, Wall/Window Units
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Flat, Tile
- Year built:1950
- Building area:7,865 sq. ft.
- Construction Materials:Block
- Levels:2 Story
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,250,000
- Price per sq. ft.:$413.22
- Tax amount:$32,321 (2024)
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