Multifamily in 7801 Byron Ave Miami Beach for sale with MLS# A11904329

Currently Cash Flowing $15,450/Month! Massive $200K price drop! Fully gutted and rebuilt 7-unit multifamily just 2 blocks from the beach, now offered at a true 6.8% cap rate. Featuring (4) 1BD/1BA and (3) 2BD/1BA units-all brand new with impact windows, new electrical, plumbing, HVAC, insulation, flooring, kitchens, appliances, and designer baths. On-site laundry adds $450/mo in income. Zero deferred maintenance, premium finishes, and a prime Miami Beach location make this a rare turnkey asset delivering strong cash flow and long-term upside.

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Days on the market

7801 Byron Ave, Miami Beach, FL 33141

Price
Price:
$1,995,000.00
Original List Price:
$1,995,000.00
Business Info
Gross Scheduled Income:
187200
Lease Details
Tenant Pays:
Electricity, Hvac Maintenance
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Other
Listing Category:
Commercial Sale
Property Type:
Multifamily
MLS Number:
A11904329
Description of Last Important Update:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Last Major Update on:
February 18, 2026 4:49 pm
Measures
Built-Up Area:
4,315 Sqft
Lot Area:
5,650 Sqft
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Security:
Smoke Detector(s)
Green Energy Efficient:
Appliances, Hvac, Doors
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Electric
Construction
Year Built:
1939
Roof:
Barrel
Number of Units Total:
7
Construction Materials:
Block
Flooring:
Ceramic Tile
Structure Type:
Apartment, Multifamily
Taxes and Expenses
Tax Annual Amount:
$21,678.00
Tax Year:
2024
Parking
Covered Spaces:
0
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Senior Community:
No
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Tenant
Lease Considered:
No
Zoning and Legal
Tax Legal Description:
ALTOS DEL MAR NO 3 PB 8-41 LOT 6 BLK 16 LOT SIZE 50.000 X 113 OR 19456-1255 12 2000 1
Real Estate Folio Number (Parcel Number):
02-32-02-007-1140
Zoning Description:
3900
Listing History
Originally published on:
October 28, 2025 5:10 pm
Active on the market since:
October 28, 2025
Price change occurred on:
October 28, 2025 5:10 pm
Listing Status Last Changed On:
February 18, 2026 4:49 pm
Photos updated on:
February 18, 2026 10:15 pm
Last Modified:
February 19, 2026 1:00 am
Additional Information
Flood Zone:
AE
Subdivision Number:
7
Courtesy of:
BrokerNation Real Estate
Attribution:
Not provided
Location
Street Name:
Byron Ave
Street Number:
7801
City:
Miami Beach
State:
Florida
Zip Code:
33141
County:
Miami-Dade
Latitude:
N25° 51' 47.7''
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) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 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.