6949 Byron Ave, Miami Beach, FL 33141
Multifamily property featuring three units, suitable for residential income.
- Added:
- Mar 14, 2026
- Days on Market:
- 108
- Last Refresh:
- Mar 19 at 11:25 pm
Property Features for 6949 Byron Ave
General Information
- Standard status
- Active
- Size
- 21,875 SF
- Property subtype
- Multifamily
Listing office CHARLES RUTENBERG REALTY
Listing date Mar 14, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of CHARLES RUTENBERG REALTY
HighLights
- Multifamily property
- 3 Units
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $551.3k | $25.20 |
| − Vacancy | −$30.3k | −$1.39 |
| EGI | $520.9k | $23.81 |
| − OpEx | −$156.3k | −$7.14 |
| NOI | $364.7k | $16.67 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Miami Beach
- County
- Miami-Dade
- State
- Florida
- Longitude
- -80.122952
- Latitude
- 25.855199
