$3,325,000
7435 Byron Ave, Miami Beach FL 33141
Income/MultiFamily
Built in 1950
7,500 Square Feet lot
132 days on market
About this property
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.
Property Details
Exterior
- Waterfront: No
Interior
- Building Area Total: 7865
- Cooling Type: Central Building A/C | Wall/Window Unit(s)
- Stories: 2
Location
- City: Miami Beach
- County: Miami-Dade County
- State: FL
- Zoning: 3900
Construction
- New Construction: No
Public Info
- Lot Size: 7,500 Square Feet
- Year Built: 1950
- APN: 02-32-02-003-0310
Tax Information
- Annual Tax Amount: $32,321
Price History
| 2/20/2026 |
Listed for Lease
Source: Miami REALTORS® |
$2,000 $2/sqft |
| 2/16/2026 |
Listed for Sale
Source: Miami REALTORS® |
$3,325,000 |
| 2/16/2026 |
Listed for Sale
Source: Miami REALTORS® |
$3,325,000 $422/sqft |
| 11/3/2025 |
Leased
Source: Miami REALTORS® |
$2,000 $0/sqft |
| 10/19/2025 |
Leased
Source: Miami REALTORS® |
$2,000 $0/sqft |
| 9/17/2025 |
Leased
Source: Miami REALTORS® |
$2,100 $0/sqft |
| 5/2/2025 |
Leased
Source: Miami REALTORS® |
$2,200 $0/sqft |
| 4/15/2025 |
Leased
Source: Miami REALTORS® |
$2,200 |
| 3/12/2025 |
Leased
Source: Miami REALTORS® |
$2,200 |
| 9/19/2024 |
Leased
Source: Miami REALTORS® |
$2,200 $2/sqft |
Walk Score
94
Walker's Paradise
81
Very Bikeable
Kevin McCarthy
RACVantage Managing Broker | Commercial Real Estate Advisor