Income/MultiFamily in Miami Beach

$3,250,000

Listing courtesy of Beachfront Realty Inc; Eric Amsallem. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

n/a

bathrooms

n/a

Square Footage

n/a

Type of Property

Income/MultiFamily, Commercial Sale

Details

Overview

Sub Type
Income/MultiFamily
Built In
1950
Taxes
$32,321/yr

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 5.62%. Pro format Cap Rate 6.13% Pro format NOI $203.889. 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 227 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.

Interior

Features
  • Flooring:
  • Common walls with other units/homes:
Heating
Cooling
Central Building A/C, Wall/Window Unit(s)
Appliances
Total structure area
7,865

Property

Parking
  • Parking Features:
Parcel Number
02-32-02-003-0310
Features
  • Entry location:
  • Exterior Features:
  • View Description:

Construction

Property subtype
Income/MultiFamily, Commercial Sale
Materials
CBS Construction
Condition
  • Year Built: 1950

Community & HOA

Community
  • Security Features: Security Fence, Security System
HOA
  • Amenities:
Region
Miami Beach

Financial

Taxes
$32,321/yr
On Market Date
10/6/2025
Listing Terms
All Cash

Metadata

Added
10/7/2025
Updated
5/22/2026
MLS#
A11891843
Days on Market
227
Listed By
Beachfront Realty Inc
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • Biscayne Beach Elementary 0.0 mi • K-12
  • Ruth K. Broad/Bay Harbor K-8 Center 0.0 mi • K-12
  • Treasure Island Elementary 0.0 mi • K-12
  • Miami Beach Nautilus Middle 0.0 mi • K-12
  • North Beach Elementary 0.0 mi • K-12
  • MAST @ FIU Biscayne Bay Campus 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$3,500,000Oct 7, 2025
Price change$3,325,000Mar 23, 2026
Current list price$3,250,000Mar 23, 2026

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