7435 Byron Avenue, Miami Beach, FL 33141

$3,150,000 — Active

Property Features

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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 6.00%. Pro format Cap Rate 6.50% Pro format NOI $203.889.Offering Memorandum available upon request.

▼ Price Reduced — originally listed at $3,500,000

Property Details

  • Listing ID: A11891783
  • Status: Active
  • Listing Date: 2025-10-07
  • Property Type: Duplex
  • Subdivision: HARDING TOWNSITE
  • County: Miami-Dade
  • MLS Area: 2320
  • Bedrooms: 0
  • Full Bathrooms: 0
  • Living Area Sq Ft: 7,865
  • Year Built: 1950

Financial

  • List Price: $3,150,000
  • Original List Price: $3,500,000
  • HOA Fee: None
  • Taxes: $32,321/yr

Features & Amenities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Separate Meters
  • Flooring: Vinyl
  • Construction: CBS
  • Roof: Flat, Tile

Courtesy of Beachfront Realty Inc
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© 2026 Starfish Real Estate. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.