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Waterfront 5-Unit Apartment Building
For Sale
Contact for pricing
Pending

8430 Byron Avenue, Miami Beach, FL 33141

Tenant-occupied multifamily property with varied unit layouts, water views, and a rooftop patio.

Property Size4,479 SF
Days on Market389

Property Features for 8430 Byron Avenue

General Information

Standard status Pending
Size 4,479 SF
Property subtype Multifamily
Zoning 3900

Building Details

Year Built 1951
Stories 2
Units 5
Listing Agency: Lang Realty/BR
Listed By: Kim Spielvogel · License #R11062980
Source: Crexi
Added: Aug 12, 2025 Changed: Aug 31 Last Checked: Aug 31 at 1:14AM

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 Lang Realty/BR

Investment Insights

Based on property information with market context.

Located at 8430 Byron in Miami Beach, this 1951 multifamily property contains five tenant-occupied units: a two-bedroom residence with water views, a two-story two-bedroom townhouse with high ceilings and a rooftop patio, two one-bedroom units, and a studio. The property also includes 500 sq. ft. of dock space and 121 ft. of wide water views. A 2020 roof replacement and 2019 40-year certification are documented.

City approval is in process for a potential expansion to 12–15 units. The property is near the beach, Ocean Side Park, Skate Park, restaurants, and shops, with Bal Harbour 1.5 miles away and Four Seasons Surfside 0.5 miles away.

Key Highlights

  • Five‑unit multifamily property with a two‑bedroom unit, townhouse, two one‑bedroom units, and a studio
  • 500 sq. ft. dock space with 121 ft. of wide water views
  • 2020 roof replacement and 2019 40‑year certification

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Furniture & Home Goods (Bike/Boat/Book/etc) Store Daycare Center Electrical Service

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

Location Intelligence

Trade Area within ½ mile

776
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

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 - Tenant-occupied multifamily property with varied unit layouts, water views, and a rooftop patio.
Where is this apartment building located?
The property is located at 8430 Byron Avenue 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: Five‑unit multifamily property with a two‑bedroom unit, townhouse, two one‑bedroom units, and a studio; 500 sq. ft. dock space with 121 ft. of wide water views; 2020 roof replacement and 2019 40‑year certification
(561) 251-0989 Call to check price and availability
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