7435 Byron Ave Miami Beach, FL 33141
- Added:
- Mar 23, 2026
- Days on Market:
- 33
- Last Refresh:
- Apr 24 at 7:06 am
Property Features for 7435 Byron Ave
General Information
- Property type
- Commercial Sale
- Property subtype
- Single Family Attached
- Zoning
- 3900
- Security features
- Security System
- Interior features
- Security System
- Exterior features
- Storm/Security Shutters
- Standard status
- Active
- APN
- 02-32-02-003-0310
Taxes and HOA fees
- Tax Annual Amount
- 32321
Utilities
- Cooling system
- Central Air, Multi Units, Wall/Window Unit(s), Window Unit(s)
Building Details
- Year built
- 1950
- Number of units
- 10
- Flooring type
- Laminate
- Building materials
- Block
- Architectural style
- Other
Listing agent Eric Amsallem License #3185189 (305) 405-0615
Listing office Beachfront Realty Inc 18205 Biscayne Blvd Ste 2205, Miami Beach, FL (305) 405-0615
Listing date Mar 23, 2026
MLS# A11891843
Listing URL
Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Miami Beach Multifamily Investment Opportunity
This is a 10-unit multifamily property located in the heart of Miami Beach. The property features solid 1950 CBS construction. The multifamily property has been fully renovated, including interior upgrades, new electrical and plumbing systems, new air conditioning units, hurricane shutters, refreshed landscaping, and a new roof scheduled for July 2025. The property contains ten 2-bedroom, 1-bathroom apartments, with five units including private backyards. Located in North Beach, the property is situated three blocks from the ocean, near Collins Avenue and Harding Avenue. In-place rents are approximately $2,100–$2,200 per month, with potential renewal upside toward $2,400–$2,500. The property offers turnkey cash flow with value-add potential from rent growth and neighborhood momentum. The Net Operating Income (NOI) is $181,319, with a cap rate of 5.58%. The pro forma cap rate is 6.28%, with a pro forma NOI of $204,059. The property is zoned 3900.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.123079
- Latitude
- 25.8602
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Renovated 10-unit multifamily property near the ocean in Miami Beach.
Where is this apartment building located?
The property is located at 7435 Byron Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Prime Miami Beach location, three blocks from the ocean.; **Fully renovated with upgrades including new electrical, plumbing, A/Cs, and a new roof (July 2025).**; **Turnkey cash flow with significant rent growth potential.**
