7435 Byron Ave Miami Beach, FL 33141
New
- Added:
- Apr 23, 2026
- Days on Market:
- 7
- Last Refresh:
- Apr 29 at 8:06 pm
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 Apr 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. Constructed in 1950, the building features CBS construction. The 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. Each of the ten apartments includes two bedrooms and one bathroom, with five units featuring private backyards. The property is located in North Beach, three blocks from the ocean and near Collins Avenue and Harding Avenue. Current in-place rents range from approximately $2,100 to $2,200 per month, with potential for renewal upside toward $2,400 to $2,500. The property offers turnkey cash flow with value-add potential from rent growth and neighborhood momentum. The Net Operating Income (NOI) is $186,789, with a cap rate of 5.62%. The pro forma cap rate is 6.13% with a pro forma NOI of $203,889.
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 in prime Miami Beach location.
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: Just three blocks from the ocean in North Beach, near Collins/Harding.; **Fully renovated:** Enjoy interior upgrades, new electrical & plumbing, new A/Cs, hurricane shutters, refreshed landscaping, and new roof (July 2025).; **Turnkey cash flow:** In‑place rents of $2,100–$2,200/mo with potential upside to $2,400–$2,500/mo upon renewal.
