Multifamily in 7821 Byron Ave Miami Beach for sale with MLS# A11878718

Unique opportunity to acquire prime real estate in one of Miami's fastest-growing areas. The property offers exceptional potential for developers looking to capitalize on the growing demand for luxury housing in Miami Beach. Currently, it features a two-story multifamily building with four rentable units, providing a stable income stream. The true value lies in the approved project: a five-story building with 14 luxury units, ideal for high-end buyers or tenants seeking proximity to Miami Beach's renowned restaurants, shopping centers, and beaches. Take advantage of this unique opportunity to build a landmark development in one of South Florida's most desirable locations, combining long-term income stability with high growth potential.

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Days on the market

7821 Byron Ave, Miami Beach, FL 33141

Price
Price:
$1,500,000.00
Previous Asking Price:
$2,000,000.00
Original List Price:
$2,000,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multifamily
MLS Number:
A11878718
Description of Last Important Update:
Price Change
Last Major Update on:
February 16, 2026 3:14 pm
Measures
Built-Up Area:
3,382 Sqft
Lot Area:
5,650 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Construction
Year Built:
1952
Number of Units Total:
4
Structure Type:
Apartment, Multifamily
Taxes and Expenses
Tax Annual Amount:
$15,568.00
Parking
Covered Spaces:
0
Community
Senior Community:
No
Terms
Occupant Type:
Tenant
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
ALTOS DEL MAR NO 3 PB 8-41 LOT 4 BLK 16 LOT SIZE 50.000 X 113 OR 16053-2536 0993 4
Real Estate Folio Number (Parcel Number):
02-32-02-007-1120
Zoning Description:
3900
Listing History
Originally published on:
September 15, 2025 1:25 pm
Active on the market since:
September 15, 2025
Price change occurred on:
February 16, 2026 3:14 pm
Listing Status Last Changed On:
September 15, 2025 1:25 pm
Photos updated on:
September 15, 2025 5:49 pm
Last Modified:
April 13, 2026 8:21 pm
Additional Information
Flood Zone:
AE
Municipal Code:
2
Subdivision Number:
7
Courtesy of:
Beachfront Realty Inc
Attribution:
Not provided
Location
Street Name:
Byron Ave
Street Number:
7821
City:
Miami Beach
State:
Florida
Zip Code:
33141
County:
Miami-Dade
Latitude:
N25° 51' 48.7''
Longitude:
W81° 52' 35''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $64,457
Median Home Value $434,500
Median Rent $1,739/mo
Median Age 45
Population 36,016

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 46 Good
☀️ O3 46 Good
🫁 PM2.5 42 Good

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Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.