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7435 Byron Avenue

Miami Beach FL 33141

7865 sq. ft.
Duplex
Currently for sale - view listing

Overview

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.

Features

7865 sq. ft. floor area
Duplex

Happy sellers in Miami Beach

97%
97% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Miami Beach over the last 12 months.

Local market activity for duplexes in Miami Beach

In the last 12 months, 8 duplexes similar to 7435 Byron Avenue, have been sold.

This represents a 65% increase in duplexes sales when compared to the previous 12 months.

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