Home » Miami Beach » 8500 Byron Ave, Miami Beach, FL 33141 | A11717004

Multi Family For Sale 8500 Byron Ave, Miami Beach, FL 33141

$2,850,000

Property Highlights

Listing ID A11717004 Status of this Listing: Active For Sale Newly Listed Property Property Type Commercial Sale Multi Family Building Area 6,336 Sqft/588.63 m2 approx. Lot area 8,770 Sqft/814.76 m2 approx. Year Built 1951 Waterfront Time of this property on Rebonus 1 Day(s)

8500 Byron Ave, Miami Beach, FL 33141

Property Description: Rare waterfront multifamily opportunity in highly desirable North Beach with nearly 70’ of water frontage on Tatum Waterway. This updated property features 7 units, including a spacious two-story 2/2 townhouse with a private rooftop terrace, perfect for an owner-occupant, alongside six additional residences (1 studio, 3 one-beds, and 2 two-beds). With a private dock, off-street parking, and lush landscaping, 8500 Byron offers a serene yet vibrant lifestyle. Spacious units feature, modern updates, & abundant natural light, adding to tenant demand. Located steps from beaches, parks, shops, & dining, 8500 seamlessly combines lifestyle appeal with income potential. Significant capital improvements, including a new roof, main sewer line, decking & more, ensure low-maintenance ownership.

Useful Info

Original List Price:$2,850,000

Lease Details

Lease Terms Description:Annual Lease

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Number of Buildings:2
Levels:Two
Construction Materials:
  • Block
Structure Type:
  • Apartment
Stories:2

Property Features

Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Canal Front
  • No Fixed Bridges
  • Bayfront
Exterior Features:
  • Security/high Impact Doors
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$25,606

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023

Terms

Documents Available:
  • Aerial
  • Rent Rolls
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Lease Term:
  • 12 Months
Tenant Pays:
  • Electricity
Lease Considered:No

Community

Senior Community:No

Parking

Covered Spaces:0

Utilities

Number of Separate Electric Meters:8
Sewer:
  • Public Sewer
Water Source:
  • Public

More Details

Other Information:
Flood ZoneAE
Ref1104137653
Subdivision Number5

Zoning and Legal

Tax Legal Description:BEACH BAY SUB PB 44-25 LOT 10 BLK 1 LOT SIZE 70.160 X 125 COC 26070-0808 11 2007 1
Real Estate Folio Number (Parcel Number):02-32-02-005-0050
Zoning Description:3900
Public Survey Range:32

Listing History

Update/EventDate/Days
Published Date:January 31, 2025 10:26 pm
On Market Date:January 3, 2025
Price Change Date Time:January 3, 2025 11:16 am
Last Important Update Description:New Listing
Date and Time of Last Important Update:January 31, 2025 10:26 pm
Status Last Changed:January 31, 2025 10:26 pm
Photos Last Modified:February 1, 2025 3:45 am
Last Modified:February 1, 2025 8:00 am
Days on the Market Reference Date:February 1, 2025
Days on the Market (updated on Last Modified*):29
Cumulative Days on the Market (updated on Last Modified**):29

Additional Information

Number of Photos:71
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:Compass Florida, LLC.
Attribution:305-632-7195
Universal Property Id:US-12025-N-0232020050050-R-N

Location

Show Property Address:Yes
Street Name:Byron Ave
Street Number:8500
Street Address:8500 Byron Ave
City : Miami Beach
State : Florida
Zip Code : 33141
County : Miami-Dade
Full Address:8500 Byron Ave, Miami Beach, FL 33141
Latitude:N25° 52' 12.2''
Longitude:W81° 52' 33.3''

Neighborhood

Postal City:Miami Beach

Property Map