7435 Byron Avenue, Miami Beach, FL 33141
Listing Snapshot
| List Price | $3,250,000 |
| Price / Sq Ft | $413 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 7,865 sqft |
| Year Built | 1950 |
| Property Tax | $32,321/yr |
| MLS # | 1139742004 |
| Status | Active |
| Days on Market | 235 |
About This Home
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.
General Features
- Property Type
- ResidentialIncome
- Sub-type
- Duplex
- Stories
- 2
- Zoning
- 3900
- Utilities
- CableNotAvailable
- Subdivision
- HARDING TOWNSITE
Interior Features
- Flooring
- Vinyl
- Heating
- Central,SeparateMeters
- Cooling
- CentralAir,WallWindowUnits
Exterior Features
- Construction
- Block
- Roof
- Flat,Tile
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 2320
Schools
Map
Virtual Tour
View Virtual TourMLS# 1139742004 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
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Estimate Your Payment
20% down · Loan: $2,600,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.