7435 Byron Ave, Miami Beach, FL 33141

 
MLS #: A11891843
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Price: $3,500,000 MLS Number: A11891843  Commercial / Investment
 Address: 7435 Byron Ave, Miami Beach, Florida 33141 USA
 Year Built: 1950
 
 Lot Square Feet: 7,500
 
 Lot Dimensions: 7865
 
 
 Remarks:
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. Income $257,640 NOI 186,789, cap rate 5.35%. Offering Memorandum available upon request.
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