8500 Byron Ave, Miami Beach FL 33141

Closed

$2,748,000

3.58%

Est. Payment $14,626/mo

MLS Sheet Video

1951

Year Built

2

Stories

145

Days on Market

Description

Rare waterfront multifamily opportunity in highly desirable North Beach with nearly 70’ of water frontage on Tatum Waterway. This updated property features 7 units, including a spacious two-story 2/2 townhouse with a private rooftop terrace, perfect for an owner-occupant, alongside six additional residences (1 studio, 3 one-beds, and 2 two-beds). With a private dock, off-street parking, and lush landscaping, 8500 Byron offers a serene yet vibrant lifestyle. Spacious units feature, modern updates, & abundant natural light, adding to tenant demand. Located steps from beaches, parks, shops, & dining, 8500 seamlessly combines lifestyle appeal with income potential. Significant capital improvements, including a new roof, main sewer line, decking & more, ensure low-maintenance ownership.

Facts

MLS#
A11717004
Subdivision
Property Type
Commercial Sale
Property Sub Type
Income/MultiFamily
Year Built
1951
Lot Size
8,770 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
2
Garage
Pool
Days on Market
145 days
Listed
Jan 3, 2025
Last Updated
Jul 22, 2025
Price/Lot Sq.Ft.
$313/ft²

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

May 2026

100/100
Buyers marketSellers market

65

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/22/2025Sold$2,748,000
5/21/2025Price change$2,748,000-3.6%
1/3/2025Listed for sale$2,850,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

8500 Byron Ave, Miami Beach FL 33141Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$17,066/mo

Principal & Interest

$14,626

Property Tax

$2,290

Insurance

$150

HOA

$0

20% ($549,600)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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