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7801 Byron Ave

$1,995,000

7801 Byron Ave, Miami Beach, FL 33141

Active
Last Updated: 10/29/2025

135,934

NOI

4,315 sqft

Building Size

Details:
NOI:    $135,934
Building Size:    4,315 sqft
Units:    7
Year Built:    1939
Highlights:
  • Lot Features: Beach Access
  • Gross Income: 177840
  • Cooling: Central Individual A/C
  • Heating: Central Electric
  • Flooring: Ceramic Floor
  • Construction Materials: Concrete Block Construction, CBS Construction, Insulated
  • Security Features: Smoke Alarm, Smoke Detector(s)
Description:

Currently Cash Flowing $15,450/Month! Massive $200K price drop! Fully gutted and rebuilt 7-unit multifamily just 2 blocks from the beach, now offered at a true 6.8% cap rate. Featuring (4) 1BD/1BA and (3) 2BD/1BA units—all brand new with impact windows, new electrical, plumbing, HVAC, insulation, flooring, kitchens, appliances, and designer baths. On-site laundry adds $450/mo in income. Zero deferred maintenance, premium finishes, and a prime Miami Beach location make this a rare turnkey asset delivering strong cash flow and long-term upside.

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