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7435 Byron Avenue, Miami Beach, FL 33141

$3,250,000
Property Type: Residential Income Square Footage: 7,865 Status: Active
Current Price: $3,250,000 List Date: 10/07/2025 Last Modified: 7/09/2026

Overview

Description

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.

Listing Details MLS# A11891783

General Property Information

Property Sub Type
Duplex
Building Area Main
7865
Living Area Main
7865
Adjusted Area Main
6461
Year Built
1950
Stories Total
2
Pool Private YN
No
Parking Total
0

Property Features

Documents Available: Other Available Information Flooring: Vinyl Property Condition: Resale Structure Type: Duplex Construction Materials: CBS Cooling: Central Air; Wall/Window Unit(s) Heating: Central; Separate Meters Listing Terms: Cash; Conventional Possession: Close Of Escrow Roof: Flat; Tile Sewer: Public Sewer Tax Information: City/County Utilities: Cable Not Available Showing Requirements: Appointment Only

Contract Information

Comp Sale YN
No
Original List Price
3500000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
7435
Street Name
Byron
Street Suffix
Avenue
City Name
Miami Beach
Municipal Code
2
State Or Province
FL
Postal Code
33141
Postal Code +4
2697
Postal Zip
33141
Subdivision Name
HARDING TOWNSITE
Area
2320
Elementary School
Biscayne Beach
Middle Or Junior School
Miami Beach Nautilus
High School
Miami Beach
Parcel Number
0232020030310
Subdivision Number
3
Zoning
3900
Flood Zone
AE

Financial Information

Tax Annual Amount
32321
Tax Year
2024
Tax Legal Description
HARDING TOWNSITE PB 34-4 LOT 10 BLK 3 LOT SIZE 50.000 X 150 OR 18267-2737 0998 1

Status Change Information

Major Change Timestamp
2026-04-23T13:42:08Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-04-23T13:42:08Z
Status Change Date
2025-10-07

More Information

Income and Expenses

Gross Income
261840
Net Operating Income
190863
Total Expenses
70976

Section Details

Parcel Number MLX
0310

Originating Details

Originating System Key
421534747
Originating System ID
M00000151

Office/Member Information

DXORIGMLSID
SEF

Flooring

Vinyl
Yes

Property Condition

Resale
Yes

Documents Available

Other Available Information
Yes

Structure Type

Duplex
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Not Available
Yes

Heating

Central
Yes
Separate Meters
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Flat
Yes
Tile
Yes

Cooling

Central Air
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

Appointment Only
Yes

Tax Information

City/County
Yes
IDX
Listing Office: Beachfront Realty Inc
Last Updated: July - 09 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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