7435 BYRON AVE, Miami Beach
$3,250,000 USD
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| Address | 7435 BYRON AVE, Miami Beach |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments, Residential-Multi-Family |
| Price | $3,250,000 |
| Previous Price | $3,325,000 (8 days ago) |
| Property Status | Active |
| MLS Number | A11891843 |
| Property Size | 7500 |
| Lot Size | 7500 |
| Year Built | 1950 |
| Folio Number | 02-32-02-003-0310 |
| Zoning Information | 3900 |
| Days on Market | 175 |
Detailed Description: PRIME LOCATION 10-UNIT MULTI-FAMILY IN THE HEART OF MIAMI BEACH. Fully Renovated multifamily including interior upgrades, new electrical and 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 $181319, Cap rate 5.58%. Pro format Cap Rate 6.28% Pro format NOI $204.059. Offering Memorandum available upon request.
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Address Information
| State | Florida |
| City | Miami Beach |
| County | Miami-Dade County |
| Zip Code | 33141 |
| Address | 7435 BYRON AVE |
| Zip Code (4 Digits) | 2697 |
Financial Information
| Price | $3,250,000 |
| Price per Foot | $0 |
| Previous Price | $3,325,000 |
| Folio Number | 02-32-02-003-0310 |
| Tax Amount | $32,321 |
Full Descriptions
| Detailed Description | PRIME LOCATION 10-UNIT MULTI-FAMILY IN THE HEART OF MIAMI BEACH. Fully Renovated multifamily including interior upgrades, new electrical and 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 $181319, Cap rate 5.58%. Pro format Cap Rate 6.28% Pro format NOI $204.059. Offering Memorandum available upon request. |
| How to Reach | 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. |
| Cooling Description | Central Building A / C, Wall / Window Unit (s) |
Property parameters
| Living Area | 7500 |
| Lot Size | 7500 |
| Total Acreage | 0.000 |
| Zoning Information | 3900 |
| Maximum Leasable Size | 7500 |
| Year Built | 1950 |
| Type of Property | Income / MultiFamily |
| Type of Business | Apartments, Residential-Multi-Family |
| Construction Type | CBS Construction |
| Stories Number | 2 |
| Listed with | Beachfront Realty Inc |