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.
Offering Memorandum available upon request.
Property Details
Price:
$3,250,000
MLS #:
A11891783
Status:
Active
Beds:
0
Baths:
0
Address:
7435 Byron Ave
Type:
Multi Family
Subtype:
Duplex
Subdivision:
HARDING TOWNSITE
Neighborhood:
hardingtownsite
City:
Miami Beach
Listed Date:
Oct 7, 2025
State:
FL
Finished Sq Ft:
7,865
Total Sq Ft:
7,865
ZIP:
33141
Year Built:
1950
Units:
10
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Schools
Interior
Cooling
Central Air, Wall/ Window Unit(s)
Flooring
Vinyl
Heating
Central
Exterior
Construction Materials
C B S Construction
Roof
Flat Tile
Financial
Tax Year
2024
Taxes
$32,321
Map
Community
- Address7435 Byron Ave Miami Beach FL
- SubdivisionHARDING TOWNSITE
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33141
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