Homes for sale in Miami Beach
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Income/MultiFamily
7435 Byron Ave
Miami Beach, FL 33141
$3,150,000
- Year built
- 1950
Listing courtesy of Eric Amsallem, Beachfront Realty Inc
About this home
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.
Offering Memorandum available upon request.
Details
Property
- Type
- Income/MultiFamily
- Year built
- 1950
- Stories
- 2
- Lot size
- 7,500 sq ft
- County
- Miami-Dade County
- Flood zone
- AE
Interior
- Cooling
- Central Building A/C, Wall/Window Unit(s)
Exterior and parking
- Construction
- CBS Construction
Community and fees
- Security
- Security Fence, Security System
- Annual taxes
- $32,321
- Terms
- All Cash
Neighborhood
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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.
Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 1, 2026.