$3,250,000
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Income/MultiFamily, Commercial Sale
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 $181319, Cap rate 5.58%. Pro format Cap Rate 6.28% Pro format NOI $204.059. Offering Memorandum available upon request.
This income/multifamily home located at 7435 Byron Ave, Miami Beach FL 33141 is currently for sale and has been available on Brickellsold for 167 days. This property is listed at $3M. It has N/A beds, N/A bathrooms, and is N/A square feet. It was built in 1950. 7435 Byron Ave, Miami Beach FL 33141 is in Miami Beach county Miami-Dade County.
