7435 Byron Ave, Miami Beach, FL
About this property
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 6.00%. Pro format Cap Rate 6.50% Pro format NOI $203.889. Offering Memorandum available upon request.
Property facts
- Sqft
- 7,865
- Year Built
- 1950
- Units
- 10
- Lot Size
- 0.1722 ac
- Secondary Type
- Multi-family, 10 units or more
- Location
- Miami Beach, FL 33141
- County
- Miami-Dade County
- FEMA flood zone
- Zone AE, special flood hazard area
- Base flood elevation
- 8 ft (NGVD29)
- Ground elevation
- 2.8 ft
- Hurricane evacuation zone
- Zone B
- Distance to the coast
- 0.2 mi
Sources: FEMA National Flood Hazard Layer (panel 12086C0326L, effective 2009-09-11), USGS 3DEP, Florida Division of Emergency Management, OpenStreetMap coastline. Checked 2026-10-01. Public map data looked up at this location, not a survey or an insurance quote. Confirm with an elevation certificate, the county and your insurer.
Rent roll, cap rate, zoning, tours, off-market alternatives. Leave your email and Anthony replies, usually within 1 hour.
Interested in this property?
Contact Anthony Conners at Atlantic Commercial Advisors to schedule a showing or learn more.