Renovated Six-Unit Apartment
7630 Byron Ave, Miami Beach, FL 33141
For Sale
$1,574,000
Residential Income, Miami Beach, FL
Property Size3,400 SF
Price / SF$462.94
Days on Market103
Property Features for 7630 Byron Ave
General Information
Property type
Property subtype
Zoning description
Subdivision
Lot features
Standard status
APN
Size
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
United Realty Group Inc
(954) 450-2000
Listed By:
Ilan Allen Ziv · License FL #3601056
(305) 900-8292
Added: Jul 30
Changed: Oct 10
Last Checked: Nov 9 at 10:06PM
MLS# A12018339
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,400-square-foot apartment building contains six residences: four one-bedroom, one-bath units and two studios. The property was fully renovated, with laminate flooring, window or wall/window cooling, wall furnaces, and a shingle roof. Block construction and public sewer service are also in place. Built in 1950, the asset is currently income-producing and supports both short- and long-term rental use as described in the property information.
The building is located at 7630 Byron Ave in Miami Beach, near the beach, Collins Avenue, dining, shopping, and entertainment. Its six-unit configuration provides a defined multifamily layout with a varied unit mix within a single property.
The building is located at 7630 Byron Ave in Miami Beach, near the beach, Collins Avenue, dining, shopping, and entertainment. Its six-unit configuration provides a defined multifamily layout with a varied unit mix within a single property.
Key Highlights
- Six total units: four 1‑bedroom/1‑bath residences and two studios
- 3,400 square feet of multifamily space
- Fully renovated property with laminate flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,760
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,055,200
$1.1M
Cap Rate 7%
$753,714
$753.7K
Cap Rate 9%
$586,222
$586.2K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$102.8K $30.24/SF
− Vacancy
−$6.9K −$2.03/SF
EGI
$95.9K $28.21/SF
− OpEx
−$43.2K −$12.70/SF
NOI
$52.8K $15.52/SF
Area
Miami-Dade County, FL
Vacancy
6.70%
Lease Rate
$30.24 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,055,200
Cap Rate 7%
$753,714
Cap Rate 9%
$586,222
Alternative Uses
Best Use
Apartment 5plus
$753.7K
$659.5K – $879.3K
NOI $52,760 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.86M
$1.62M – $2.17M
NOI $129,966 @ 7.0% cap · market cap 8.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
2,084
Businesses Nearby
Explore this area
Business Placement
Demographics for 33141, FL
35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Miami Beach, FL
Properties on Market for Apartment buildings in Miami Beach
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with updated interiors, block construction, and a mix of studio and one-bedroom residences.
Where is this apartment building located?
The property is located at 7630 Byron Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,574,000.
What are key features of this property?
This property features: Six total units: four 1‑bedroom/1‑bath residences and two studios; 3,400 square feet of multifamily space; Fully renovated property with laminate flooring
