7435 Byron Ave, Miami Beach, FL 33141

About This Home

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.

Property Details

Cooling

Central Building A/C, Wall/Window Unit(s)

Building & Association

Stories

2

Stories Total

2

Association

No

Security Features

Security Fence, Security System

Lot & Construction

Lot Size Square Feet

7,500

Waterfront

No

View

No

Construction Materials

CBS Construction

New Construction

No

Public Records

Parcel Number

02-32-02-003-0310

Tax Annual Amount

$32,321

Zoning

3900

County Or Parish

Miami-Dade County

Location