$3,150,000
7435 Byron Ave, Miami Beach, 33141
- 7,865
- sqft
- Duplex
- Built in 1950
- $401/sqft
Courtesy of Beachfront Realty Inc
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 6.00%. Pro format Cap Rate 6.50% Pro format NOI $203.889. Offering Memorandum available upon request.
Basic Information
- MLS #:
- A11891783
- Year Built:
- 1950
- Type:
- Duplex
- Status:
- Active
- Date Listed:
- 10/07/2025
Interior Features
- Adjusted Sqft:
- 7,865 Sq.Ft
Property Features
- City:
- Miami Beach
- County:
- Miami-Dade County
- Type of Property:
- Duplex