$3,250,000
$250K PRICE DROP

Estimated payment $20,145/month

Total Views 4,260
-- Bed
-- Bath
7,865 Sq Ft
$413 Price per Sq Ft

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.

Listing Agent

Eric Amsallem

Beachfront Realty Inc License #3185189 Listed on: 10/07/2025

Beachfront Realty Inc

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,321

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Duplex
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: HARDING TOWNSITE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • CurrentPrice: 3250000
  • InternetRemarks: From I-95, take Exit 7 (NW 79th St) east over 79th St Causeway. Right on Abbott, left on 74th St, right on Byron; 7435 Byron Ave is on the left.
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Vinyl
  • Living Area: 7865
  • Stories: 2

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HARDING TOWNSITE

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 02-32-02-003-0310
  • Zoning: 3900

Rental Info

  • Rent Includes: Gardener

Multi Family

  • Net Operating Income: 190863
  • Number Of Units Total: 10
  • Annual Operating Expense: 70976
  • Total Actual Rent: 261840

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 32321

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: MIAMI REALTORS® MLS

MLS Number: A11891783

MIAMI REALTORS® MLS
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