7801 Byron Ave, Miami Beach FL 33141
$1,995,000
Est. Payment $10,618/mo
1939
Year Built
113
Days on Market
Description
Currently Cash Flowing $15,450/Month! Massive $200K price drop! Fully gutted and rebuilt 7-unit multifamily just 2 blocks from the beach, now offered at a true 6.8% cap rate. Featuring (4) 1BD/1BA and (3) 2BD/1BA units—all brand new with impact windows, new electrical, plumbing, HVAC, insulation, flooring, kitchens, appliances, and designer baths. On-site laundry adds $450/mo in income. Zero deferred maintenance, premium finishes, and a prime Miami Beach location make this a rare turnkey asset delivering strong cash flow and long-term upside.
Facts
- MLS#
- A11904329
- Subdivision
- —
- Property Type
- Commercial Sale
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1939
- Lot Size
- 5,650 ft²
- Sq. Ft.
- —
- Sq. Mt.
- —
- Price per sq. ft.
- —
- Price per sq. mt.
- —
- Stories
- —
- Garage
- —
- Pool
- —
- Days on Market
- 113 days
- Listed
- Oct 28, 2025
- Last Updated
- Apr 27, 2026
- Price/Lot Sq.Ft.
- $353/ft²
Comparable homes
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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).
| 4/27/2026 | Sold | $1,995,000 |
| 10/28/2025 | Listed for sale | $1,995,000 |
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.
Phyllis R. Miller Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.2 mi
- The French American School of Miami
PK,KG,1,2,3,4,5 · private · 0.3 mi
- Children's Village Montessori School & Daycare Center
PK,KG · private · 0.3 mi
- Childrens Village Montessori
PK,KG · private · 0.3 mi
- Tangerine Learning Center LLC
PK,KG,1,2,5 · private · 0.5 mi
- Archdiocese of Miami Virtual Catholic School
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.6 mi
- Miami Shores Presbyterian Church School
PK,TK,KG,1,2,3,4,5 · private · 0.8 mi
- Bola Childcare Learning Center
2,3 · private · 0.8 mi
- Yvonne Learning Center
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
- Miami Shores Community Church School
PK,TK,KG,1,2,3,4,5 · private · 1.0 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$12,431/mo
Principal & Interest
$10,618
Property Tax
$1,663
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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