7435 Byron Ave, Miami Beach FL 33141
1950
Year Built
2
Stories
198
Days on Market
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 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 5.62%. Pro format Cap Rate 6.13% Pro format NOI $203.889. Offering Memorandum available upon request.
Facts
- MLS#
- A11891843
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1950
- Lot Size
- 7,500 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 198 days
- Listed
- Oct 7, 2025
- Last Updated
- Apr 23, 2026
- Price/Lot Sq.Ft.
- $433/ft²
Comparable homes
Same ZIP, similar price + bedrooms.
$3,250,000
— bd · 0 ba · 7,865 sqft
7435 Byron Ave, Miami Beach FL 33141
SOLD$3,500,000
— bd · 0 ba · —
7619 Abbott Ave, Miami Beach FL 33141
$3,700,000
— bd · 0 ba · —
660 85th St, Miami Beach FL 33141
$2,800,000
— bd · 0 ba · —
709 83rd St, Miami Beach FL 33141
$3,250,000
1 bd · 1 ba · 7,891 sqft
7904 West Dr, North Bay Village FL 33141
SOLD$2,748,000
— bd · 0 ba · —
8500 Byron Ave, Miami Beach FL 33141
$3,850,000
— bd · 0 ba · —
800 85th St, Miami Beach FL 33141
Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
May 2026
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).
| 3/23/2026 | Price change | $3,250,000-7.1% |
| 10/7/2025 | Listed for sale | $3,500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Sunset Lakes Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.6 mi
- City/Pembroke Pines Charter Middle School
6,7,8 · charter · 1.2 mi
- Silver Lakes Elementary School
PK,KG,1,2,3,4,5 · public · 1.4 mi
- Everglades High School
9,10,11,12 · public · 1.7 mi
- Franklin Academy Pembroke Pines
KG,1,2,3,4,5,6,7,8 · charter · 2.0 mi
- Glades Middle School
6,7,8 · public · 2.0 mi
- Dolphin Bay Elementary School
PK,KG,1,2,3,4,5 · public · 2.0 mi
- Montessori Academy
PK,KG,1,2,3,4,5,7,8 · private · 2.1 mi
- Montessori Academy
PK,KG,1,2,3,4,5,6,7,8 · private · 2.1 mi
- American Master Academy
PK,TK,KG,1,2,3,4,5,6 · private · 2.1 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$20,156/mo
Principal & Interest
$17,298
Property Tax
$2,708
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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