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7435 Byron Ave, Miami Beach, FL
Offering:
For Sale
Location:
Miami Beach, FL 33141
Status:
Active
$3,250,000
Details
Year built:
1950
Lot size:
7,500 sq ft
Levels:
Two
Stories:
2
Days on market:
227
Annual tax:
$32,321
Type:
Multi-family
MLS ID
A11891843
Virtual tour:
Listed by:
Beachfront Realty Inc (ROBR01)
Listing office phone:
Listing office email:
Listing agent:
Eric Amsallem (3185189)
Features
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 5.62%. Pro format Cap Rate 6.13% Pro format NOI $203.889.
Offering Memorandum available upon request.
Price history
$3,500,000 → $3,250,000
·
Reduced by
$250,000 (7.1%) · 4 price changes
Location
7435 Byron AveMiami Beach, FL 33141
MLS information
Last updated May 22, 2026
Deemed reliable but not guaranteed.
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