7435 Byron Ave Miami Beach, FL 33141
North Shore NeighborhoodEstimated payment $20,522/month
Highlights
- No HOA
- Vinyl Flooring
- 5-minute walk to Parkview Annex
- Central Heating and Cooling System
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 Roof Shape
- Tile Roof
Interior Spaces
- 7,865 Sq Ft Home
- 2-Story Property
- Vinyl Flooring
Schools
- Biscayne Beach Elementary School
- Miami Beach Nautilus Middle School
- Miami Beach High School
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Separate Meters
- Cable TV Not Available
Listing and Financial Details
- Assessor Parcel Number 0232020030310
Community Details
Overview
- No Home Owners Association
- Harding Townsite Subdivision
Building Details
- Gross Income $261,840
- 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 |
|---|---|---|---|---|
| 10/07/2025 10/07/25 | For Sale | $3,500,000 | -- | $445 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: A11891783
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