7435 Byron Ave, Miami Beach, FL 33141

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
7435 Byron Ave,Miami Beach, FL 33141
$3,250,000
Virtual Tour
  • - Beds
  • - Baths
  • 7,865 sq. ft.
  • Multi-family
  • Active
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
  • Listing ID #:A11891783
  • Updated:May 15, 2026 at 09:50 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)
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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