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 5.62%. Pro format Cap Rate 6.13% Pro format NOI $203.889. Offering Memorandum available upon request.

Property Details

Interior Features: Stairs
Flooring: Vinyl
Heating: Central
Cooling: Central Air, Wall/Window Unit(s)

Building & Association

Building Name: HARDING TOWNSITE
Stories: 2
Stories Total: 2
Association: No

Lot & Construction

Lot Features: Less Than 1/4 Acre Lot
Lot Size Square Feet: 0
Waterfront: No
View: No
Construction Materials: CBS Construction
Roof: Flat Tile
New Construction: No

Public Records

Parcel Number: 02-32-02-003-0310
Tax Annual Amount: $32,321
Tax Year: 2,024
Zoning: 3900
County Or Parish: Miami-Dade County