15
$3,500,000 Sale
Listed 11 hours ago
7435 Byron Ave
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· 7865
Key Facts
Key facts for 7435 Byron Ave
Property Type
Apartment, Unspecified
Parking
0 parking
MLS #
A11891783
Size
7865 sqft
Basement
-
Listed on
-
Lot size
-
Tax
$32,321 /yr
Days on Market
-
Year Built
1950
Maintenance Fee
-
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 ba...ckyards. 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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Listing courtesy of: Beachfront Realty Inc