7821 Byron Ave, Miami Beach FL 33141

For Sale · Active Listing

$1,500,000

25.00%

Est. Payment $7,984/mo

MLS Sheet Video

1952

Year Built

210

Days on Market

Description

Unique opportunity to acquire prime real estate in one of Miami's fastest-growing areas. The property offers exceptional potential for developers looking to capitalize on the growing demand for luxury housing in Miami Beach. Currently, it features a two-story multifamily building with four rentable units, providing a stable income stream. The true value lies in the approved project: a five-story building with 14 luxury units, ideal for high-end buyers or tenants seeking proximity to Miami Beach's renowned restaurants, shopping centers, and beaches. Take advantage of this unique opportunity to build a landmark development in one of South Florida's most desirable locations, combining long-term income stability with high growth potential.

Facts

MLS#
A11878718
Subdivision
Property Type
Commercial Sale
Property Sub Type
Income/MultiFamily
Year Built
1952
Lot Size
5,650 ft²
Sq. Ft.
Sq. Mt.
Price per sq. ft.
Price per sq. mt.
Stories
Garage
Pool
Days on Market
210 days
Listed
Sep 15, 2025
Last Updated
Apr 13, 2026
Price/Lot Sq.Ft.
$265/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).

2/16/2026Price change$1,500,000-25.0%
9/15/2025Listed for sale$2,000,000

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

Location

7821 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

$9,384/mo

Principal & Interest

$7,984

Property Tax

$1,250

Insurance

$150

HOA

$0

20% ($300,000)
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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Updated within 24 hours

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