$3,150,000
 $16,910 est/mo Sourced by Back At You

7435 Byron Ave,Miami Beach, FL 33141

Miami Beach, FL 33141

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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 6.00%. Pro format Cap Rate 6.50% Pro format NOI $203.889. Offering Memorandum available upon request.

Details

MLS #A11891843
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1950
Days On Site402
Listing Provided ByBeachfront Realty Inc | Eric Amsallem

Features

SQ Feet7,865
Story(s)2
Units10
Zoning3900
Acreage7500.00

Taxes

Tax Annual Amount32321

Area Information

StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33141
Area32
Listing VS Median (in 33141)
Price:
$3,150,000
low | high
Med:
$8,500
100% of Average
sqft:
7,865
low | high
Med:
1,322
100% of Average
$ / sqft:
$401
low | high
Med:
$6
100% of Average
On site:
402
low | high
Med:
1321
30.431491294474% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Joshua Mothner

Joshua Mothner

Coldwell Banker Schmitt

SL659317Commercial, Global Luxury, Elite Agent Circle (305) 942-9519josh@soldinthekeys.com
StateFL
CountyMiami Dade
CityMiami Beach
Zip Code33141
Area32
Listing VS Median (in 33141)
Price:
$3,150,000
low | high
Med:
$8,500
100% of Average
sqft:
7,865
low | high
Med:
1,322
100% of Average
$ / sqft:
$401
low | high
Med:
$6
100% of Average
On site:
402
low | high
Med:
1321
30.431491294474% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.362M - $3.937M
sqft: 5,500 - 9,500
Nearby Listings Property ImageNearby Listings Details
8011 Harding Ave Property Photo 1
$2,900,000
8011 Harding Ave
Miami Beach, FL 33141
Listing Updated: November 13, 2026 at 2:08:38 AM PST