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Pinnacle Real Estate Group – FL

7435 Byron Avenue, Miami Beach, FL 33141 (MLS# A11891843)

7435 Byron Avenue, Miami Beach, FL 33141

$3,250,000
Property Type: Commercial Sale Square Footage: 7,865 Status: Active
Current Price: $3,250,000 List Date: 10/07/2025 Last Modified: 9/22/2026

Overview

Description

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 Details MLS# A11891843

General Property Information

Property Sub Type
Multi Family
Occupant Type
Tenant
Building Area Main
7865
Year Built
1950
Lot Size Area
7500
Lot Size Acres
0.17

Property Features

Flooring: Laminate Construction Materials: CBS Cooling: Central Building; Wall/Window Unit(s) Listing Terms: Cash Security Features: Security Fence; Security System Showing Requirements: Appointment Only

Contract Information

Comp Sale YN
No
Original List Price
3500000

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
7435
Street Name
Byron
Street Suffix
Avenue
City Name
Miami Beach
State Or Province
FL
Postal Code
33141
Postal Code +4
2697
Area
2320
Parcel Number
0232020030310
Subdivision Number
3
Zoning
3900
Flood Zone
AE
Directions
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.

Financial Information

Tax Annual Amount
32321
Tax Legal Description
HARDING TOWNSITE PB 34-4 LOT 10 BLK 3 LOT SIZE 50.000 X 150 OR 18267-2737 0998 1

Status Change Information

Major Change Timestamp
2026-03-23T22:30:15Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-03-23T22:30:15Z
Status Change Date
2025-10-07

More Information

Section Details

Parcel Number MLX
0310

Originating Details

Originating System Key
421538042
Originating System ID
M00000151
IDX
Listing Office: Beachfront Realty Inc
Source MLS Verified
Last Updated: September - 22 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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