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8500 Byron Ave, Miami Beach FL 33141

Commercial Sale

8500 Byron Ave

Miami Beach, FL 33141

ML#:A11717004
List Price:$2,748,000
Status:Closed
Days on Market:145
Listing Brkr:Compass Florida, LLC.
Subdivision:
Bedrooms:0
Baths:0
SqFt (Liv):
Lot Size:8770 sqft
Year Built:1951
Stories:2

General Information

Type Property:Commercial Sale
Style:Income/MultiFamily
Pool:
Garage Spaces:0
Parking:

Location Information

County:Miami-Dade County
Zip:33141
Subdivision:
Latitude:25.870068
Longitude:-80.124081

Additional Features

Heating:Central Electric
Cooling:Central Individual A/C
Construction:Concrete Block Construction
Waterfront:Yes

Financial Information

Annual Taxes (2023):$25,606
Original Price:$2,850,000
Days on Market:145

Remarks

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.

Listing Agent

Jesse Spencer

Compass Florida, LLC.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Prepared by Rangely Adames · Sunland Group · Licensed FL Real Estate Sales Associate · rangelyadames.com · (954) 833-0020

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