Property 7435 Byron Avenue, Miami Beach, FL 33141 for sale with MLS# A11891843

PRIME LOCATION 10-UNIT MULTI-FAMILY IN THE HEART OF MIAMI BEACH. Fully Renovated multifamily including interior upgrades, new electrical & plumbing, new A/Cs, hurricane shutters, refreshed landscaping, and new roof (July 2025). Solid 1950 CBS construction with 10 2BR/1BA apartments with 5 private backyards. Prime North Beach location-three blocks to the ocean, near Collins/Harding. In-place rents around $2,100-$2,200/mo with renewal upside toward $2,400-$2,500. Turnkey cash flow with clear value-add from rent growth and neighborhood momentum. NOI $186789, Cap rate 5.62%. Pro format Cap Rate 6.13% Pro format NOI $203.889.Offering Memorandum available upon request.

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Days on the market

7435 Byron Avenue, Miami Beach, FL 33141

Price
Price:
$3,250,000.00
Original List Price:
$3,500,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Price Reduced
Last Major Update on:
March 23, 2026 10:30 pm
Measures
Built-Up Area:
7,865 Sqft
Lot Size Acres:
0.17
Property Features
Security:
Security System, Security Fence
Air Conditioning
Air Conditioning System:
Wall/window Unit(s), Central Building
Construction
Year Built:
1950
Construction Materials:
CBS
Flooring:
Laminate
Flood Zone Code:
AE
Taxes and Expenses
Tax Annual Amount:
$32,321.00
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash
Zoning and Legal
Tax Legal Description:
HARDING TOWNSITE PB 34-4 LOT 10 BLK 3 LOT SIZE 50.000 X 150 OR 18267-2737 0998 1
Real Estate Folio Number (Parcel Number):
0232020030310
Zoning:
3900
Listing History
Active on the market since:
October 7, 2025
Listing Agreement executed on:
October 7, 2025
Price change occurred on:
March 23, 2026 10:30 pm
Listing Status Last Changed On:
October 7, 2025 4:53 pm
Photos updated on:
May 22, 2026 8:55 pm
Last Modified:
August 13, 2026 4:47 pm
Additional Information
Courtesy of:
Beachfront Realty Inc
Attribution:
Not provided
Location
Street Name:
Byron
Street Number:
7435
City:
Miami Beach
State:
Florida
Zip Code:
33141
County:
Miami-Dade
Latitude:
N25° 51' 36.7''
Longitude:
W81° 52' 36.9''
Street Suffix:
Avenue
Property Map

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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) 50 Good
☀️ O3 35 Good
🫁 PM2.5 50 Good
Ver la Propiedad Ver la propiedad 7435 Byron Avenue, Miami Beach, FL 33141
Association of REALTORS®
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