7435 Byron Ave
$3,500,000
7435 Byron Ave, Miami Beach, FL 33141
For Sale
Multifamily
Active
Last Updated: 10/08/2025
7,865 sqft
Building Size
10
Units
Details:
Building Size: 7,865 sqft
Units: 10
Year Built: 1950
Floors: 2
Highlights:
- Cooling: Central Building A/C, Wall/Window Unit(s)
- Construction Materials: CBS Construction
- Security Features: Security Fence, Security System
Description:
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. Income $257,640 NOI 186,789, cap rate 5.35%.
Offering Memorandum available upon request.
Location
Gallery
