7435 Byron Ave new

Miami Beach,FL 33141

$ 3500000

- Bed

0 Bath

7865 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,865 sqft

Price per Sqft $445

MLS Listing ID A11891843

HOA Y/N No

Year Built 1950

Annual Tax Amount $32,321

Lot Size 7,500 Sqft

Property Sub-Type Multi Family

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. Income $257,640 NOI 186,789, cap rate 5.35%.
Offering Memorandum available upon request.

Location

State FL

County Miami-dade

Area 32

Direction 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.

Interior

Cooling Central Air,Wall/Window Unit(s)

Flooring Laminate

Exterior

Exterior Feature Storm/Security Shutters

Private Pool Yes

Building

Story 2

Level or Stories Two

Structure Type Block

Others

Tax ID 02-32-02-003-0310

Security Features Security System,Fenced

Acceptable Financing Cash

Listing Terms Cash

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