7435 Byron Ave, Miami Beach FL 33141

For sale Days on market 132

HARDING TOWNSITE [ Duplex ]

$3,325,000

$423/sq ft

$175,000
Price Decreased

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Overview

Year Built

1950

Sqft

7865

Property Type

Duplex

Property 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.

Property Details

MLS#

A11891783

Total Floor in Bldg

Building

HARDING TOWNSITE

Address

7435 Byron Ave

City

Miami Beach

State/county

Zip/Postal Code

33141

Area

Harding Townsite

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$32,321

Maint Fee

$--

Tax Year

2024

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