7435 Byron Ave Miami Beach, FL 33141
North Shore NeighborhoodEstimated payment $20,145/month
Highlights
- No HOA
- Central Heating and Cooling System
- 5-minute walk to Altos Del Mar Park
- Cooling System Mounted To A Wall/Window
- Vinyl Flooring
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 5.62%. Pro format Cap Rate 6.13% Pro format NOI $203.889.
Offering Memorandum available upon request.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $32,321
Year Built
- Built in 1950
Home Design
- Duplex
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 7,865 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
Listing and Financial Details
- Rent includes gardener
- Assessor Parcel Number 02-32-02-003-0310
Community Details
Overview
- No Home Owners Association
- 10 Units
- Harding Townsite Condos
- Harding Townsite Subdivision
Building Details
- Operating Expense $70,976
- Net Operating Income $190,863
Map
Home Values in the Area
Average Home Value in this Area
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2026 04/23/26 | Price Changed | $3,250,000 | -2.3% | $413 / Sq Ft |
| 02/16/2026 02/16/26 | Price Changed | $3,325,000 | -2.2% | $423 / Sq Ft |
| 10/31/2025 10/31/25 | Price Changed | $3,400,000 | -2.9% | $432 / Sq Ft |
| 10/07/2025 10/07/25 | For Sale | $3,500,000 | -- | $445 / Sq Ft |
Source: MIAMI REALTORS® MLS
MLS Number: A11891783
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Ask me questions while you tour the home.