Commercial Sale

7801 Byron Ave

Miami Beach, FL 33141

ML#:A11904329

List Price:$1,995,000

Status:Closed

Days on Market:113

Listing Brkr:BrokerNation Real Estate

Subdivision:—

Bedrooms:0

Baths:0

SqFt (Liv):—

Lot Size:5650 sqft

Year Built:1939

Stories:—

General Information

Type Property:Commercial Sale

Style:Income/MultiFamily

Pool:—

Garage Spaces:0

Parking:—

Location Information

County:Miami-Dade County

Zip:33141

Subdivision:—

Latitude:25.863241

Longitude:-80.123665

Additional Features

Flooring:Ceramic Floor

Heating:Central Electric

Cooling:Central Individual A/C

Construction:Concrete Block Construction, CBS Construction, Insulated

Waterfront:No

Security:Smoke Alarm, Smoke Detector(s)

Financial Information

Annual Taxes (2024):$21,678

Days on Market:113

Remarks

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.

Listing Agent

Juliana Alvarez-Murillo

BrokerNation Real Estate

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