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Renovated Apartment Building
For Sale
$1,700,000
Pending

7910 Byron Avenue, Miami Beach, FL 33141

Renovated multifamily property with a grandfathered hotel license, upgraded interiors, on-site laundry, and tandem parking.

Property Size3,040 SF
Days on Market12

Property Features for 7910 Byron Avenue

General Information

Standard status Pending
Size 3,040 SF
Total Parking Spaces 2
Zoning 3900

Units

Unit Mix 2 x Studio, 1 x 1BR/1BA, 1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units 5

Amenities

laundry facility
bike parking area
security camera system

Building Details

Building Size 3,040 SF
Year Built 1939
Buildings 2
Stories 2
Listing Agency: Morgan Whitney Inc
Listed By: Cecilia C Renes
Source: Laerrealty
Added: Sep 9 Changed: Sep 18 Last Checked: Sep 20 at 5:46AM

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 Morgan Whitney Inc

Investment Insights

Based on property information with market context.

Built in 1939, this renovated apartment building contains 3,040 total square feet and five units: two studios, one one-bedroom/one-bath unit, one two-bedroom/one-bath unit, and one three-bedroom/one-bath unit. Interior improvements include European-style kitchens with white quartz countertops, stainless steel appliances, porcelain flooring, impact windows and doors, modern blinds, and extensive closet storage. An upstairs unit includes a spacious balcony.

The property is located two blocks from the ocean in Miami Beach and includes a grandfathered hotel license that supports long-term tenants and short-term rental operators on a 12-month lease. Additional on-site features include a laundry facility, bike parking, security cameras, and two tandem parking spaces. A 40-Year certification is on hand.

Key Highlights

  • 3,040 total SF apartment building with 5 units
  • Unit mix includes 2 studios, 1 one‑bedroom/1 bath, 1 two‑bedroom/1 bath, and 1 three‑bedroom/1 bath
  • Grandfathered hotel license supports long‑term tenants and short‑term rental operators on a 12‑month lease

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Dental Office Law Firm Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Furniture & Home Goods Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,572
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated multifamily property with a grandfathered hotel license, upgraded interiors, on-site laundry, and tandem parking.
Where is this apartment building located?
The property is located at 7910 Byron Avenue Miami Beach, FL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 3,040 total SF apartment building with 5 units; Unit mix includes 2 studios, 1 one‑bedroom/1 bath, 1 two‑bedroom/1 bath, and 1 three‑bedroom/1 bath; Grandfathered hotel license supports long‑term tenants and short‑term rental operators on a 12‑month lease
More about this property
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