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7435 Byron Ave, Miami Beach, FL 33141

$3,150,000
: 7,865
SqFt

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List Price: $3,150,000
Price Change: ▼ $100,000 1790904339
MLS#: A11891783
Sq. Ft: 7,865
Subtype: Duplex
County: Miami-Dade
Community: Harding Townsite
Subdivision: Harding Townsite
Year Built: 1950

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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.

954-557-5993

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Additional Information

Status Label: ACTIVE
Construction: CBS Construction
Cooling: Central Air, Wall/Window Unit(s)
Flooring: Vinyl
Heating: Central
Lot Description: Less Than 1/4 Acre Lot
Roof: Flat Tile
Taxes: $32,321
Total Floors: 2
Stories: 2
Roofing: Flat Tile
Price Per Sqft: $400