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.
Offering Memorandum available upon request.
Property Details
Price:
$3,250,000
MLS #:
A11891843
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Income/MultiFamily
Listed Date:
Oct 7, 2025
Total Sq Ft:
7,865
Year Built:
1950
See this Listing
Schools
Interior
Cooling
Central Building A/C, Wall/Window Unit(s)
Exterior
Construction Materials
CBS Construction
Security Features
Security Fence, Security System
Stories
2
Window Features
Complete Panel Shutters/Awnings
Financial
Taxes
$32,321
Map
Community
- Address7435 Byron Ave Miami Beach FL
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33141
Market Summary
Current real estate data for Commercial in Miami Beach as of Apr 25, 2026
129
Commercial Listed
190
Avg DOM
$3,190,045
Avg List Price
Property Summary
- 7435 Byron Ave Miami Beach FL is a Commercial for sale in Miami Beach, FL, 33141. It is listed for $3,250,000
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