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954-557-5993
Real Estate Company
7435 Byron Ave, Miami Beach, FL 33141
- $3,150,000
- List Price
- $3,150,000
- Price Change
- ▼ $100,000 1790904339
- MLS#
- A11891843
- Lot Size
- 7,500
- Subtype
- Income/MultiFamily
- County
- Miami-Dade
- Community
- Not Found
- Year Built
- 1950
Property 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. NOI $186789, Cap rate 6.00%. Pro format Cap Rate 6.50% Pro format NOI $203.889. Offering Memorandum available upon request.
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Additional Information
- Status Label
- ACTIVE
- Total Unitsin Complex
- 10
- Construction
- CBS Construction
- Cooling
- Central Building A/C, Wall/Window Unit(s)
- Security
- Security Fence, Security System
- Taxes
- $32,321
- Total Floors
- 2
- Stories
- 2
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Listing Courtesy of Beachfront Realty Inc, Contact: