7435 Byron Ave - Image 1
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$3,325,000

Price Changed

7435 Byron Ave

Miami Beach, FL 33141•Miami-Dade County
Multi FamilyFor SaleActive

Property Highlights

0 / 0

Beds / Baths

7,865

Square Feet

0.17

Acres

1950

Year Built

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

Year Built1950
Living Area7,865 sqft
Lot Size0.17 acres

Listing Information

MLS IDA11891843
MLS NameMiamiAssociationOfRealtors
Sale TypeFor Sale
Days on Market161 days
Last UpdatedFeb 16, 2026
Price ChangedFeb 16, 2026

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Quick Stats

Property Type:Multi Family
Status:Active
Listed:N/A
7435 Byron Ave - $3,325,000 Multi Family | Gabriella Gonda