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    8430 Byron Ave Miami Beach, FL 33141

    For Sale
    $2,600,000

    Quad Plex - Miami Beach, FL

    Type:Quadruplex
    Property size:
    4,479 SF
    Days on Market:
    283
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 8430 Byron Ave

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    3900
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    5
    APN
    0232020050080
    Parking features
    None
    Patio and Porch features
    Patio, Deck
    Exterior features
    Deck, Fence, Open Patio, Room For Pool
    Fencing
    Fenced
    Size
    4,479 SF

    Utilities

    Cooling system
    Ceiling Fan(s), Wall/Window Unit(s)
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1951
    Floors in Building
    2
    Flooring type
    Other
    Roof type
    Shingle
    Architectural style
    Other

    Lang Realty, Inc. (877) 357-0618 [email protected]

    Listing agent Kim M Spielvogel (877) 357-0618

    Listing date Feb 27, 2025

    MLS# RX-11066586 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. 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 Development Opportunity

    This multifamily property in Miami Beach, Florida, presents a development opportunity. The property currently features five units and has the potential to be developed into 12 to 15 units, including 500 square feet of dock space, along 121 feet of waterfront views. The roof was replaced in 2020, and the property underwent its 40-year certification in 2019. The property is tenant-occupied, providing stable income while awaiting city approval, or it can be used as an investment property. Unit 1 is a two-bedroom unit with water views, and Unit 5 is a two-story, two-bedroom townhouse with high ceilings and a large rooftop patio overlooking the water. The property also includes two one-bedroom units and a studio. Situated steps from the beach, Ocean Side Park, and a skate park, it is within walking distance of restaurants and shops, 1.5 miles from Bal Harbour, and half a mile from the Four Seasons Surfside. The zoning is 3900. The building has a total living area of 4479 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Miami Beach
    County
    Miami-Dade
    State
    Florida
    Longitude
    -80.12402
    Latitude
    25.869547

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    FAQs

    What type of property is this?
    Quadplex - Waterfront multifamily property with development potential near Miami Beach.
    Where is this quadplex located?
    The property is located at 8430 Byron Ave Miami Beach, FL.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Development potential: Expand from 5 units to 12-15 units.; - Waterfront property: Enjoy 500 sq ft dock space on 121 ft of wide water views.; - Recent upgrades: Features a 2020 roof and a 2019 40-year certification.
    (877) 357-0618
    Request Owner's contact information
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    Miami Beach, FL 33141
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8430 Byron Ave Miami Beach, FL 33141
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