7801 Byron Ave, Miami Beach FL 33141

Closed

$1,995,000

Est. Payment $10,618/mo

MLS Sheet

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

Same ZIP, similar price + bedrooms.

$1,950,000

— bd · 0 ba · —

7640 Harding Ave, Miami Beach FL 33141

$1,950,000

— bd · 0 ba · 5,730 sqft

8321 Crespi Blvd, Miami Beach FL 33141

SOLD

$2,050,000

— bd · 0 ba · —

345 85th St, Miami Beach FL 33141

$1,900,000

— bd · 0 ba · 3,492 sqft

2120 Biarritz Dr, Miami Beach FL 33141

$2,140,000

— bd · 0 ba · 4,732 sqft

7124 Bay Dr, Miami Beach FL 33141

$1,810,000

— bd · 0 ba · 3,872 sqft

1791 Marseille Dr, Miami Beach FL 33141

$1,799,999

— bd · 0 ba · —

1975 71st St, Miami Beach FL 33141

SOLD

$1,795,000

— bd · 0 ba · 4,318 sqft

725 81st Street, 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

July 2026

100/100

Buyers marketSellers market

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

7801 Byron Ave, Miami Beach FL 33141Directions

GreatSchools Summary Ratings

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

Oxbridge Academy of the Palm Beaches
10,11,12,UG · private · 0.6 mi
Adult Education Center Of Palm Beach
UG · public · 0.7 mi
Oxbridge Academy of the Palm Beaches
7,8,9,10,11,12 · private · 0.7 mi
Trace Academy
PK,KG,1,2,3,4,5,6,7,8,9 · private · 1.0 mi
West Palm Beach Head Start
PK,KG · private · 1.0 mi
Rpbywcacdc Head Start
PK,KG · private · 1.0 mi
S.A.T. Virtual Resource Center
7,8,9,10,11,12 · private · 1.3 mi
Hope-Centennial Elementary School
PK,KG,1,2,3,4,5 · public · 1.3 mi
Bear Lakes Middle School
6,7,8 · public · 1.4 mi
Grassy Waters Elementary School
PK,KG,1,2,3,4,5 · public · 1.4 mi

Estimated Monthly Payment

$12,431/mo

Principal & Interest

$10,618

Property Tax

$1,663

Insurance

$150

HOA

Down Payment20% ($399,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$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

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

Hablo Español

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.

Updated within 24 hours