$3,150,000

7435 BYRON AVE, MIAMI BEACH, FL 33141

0 baths7,865 sq ft2 to 4 unitsBuilt 1950
Updated today, November 3, 2026

This home against Town Center

$401 per sq ft, 48% under the Town Center median
393 days on the market
Price cut $350,000 since it was listed at $3,500,000
$32,321 in property taxes (2024)

Town Center today: 72 homes for sale, median list price $745,000.

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 6.00%. Pro format Cap Rate 6.50% Pro format NOI $203.889.Offering Memorandum available upon request.

Zoned schools

Elementary: Biscayne Beach Elementary School
Middle: Miami Beach Nautilus Middle School
High: Miami Beach Senior High School

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: North Shore Park & Youth Center, 0.1 mi
Grocery: M&L Food Market, 0.2 mi

Distances from the center of Town Center, MIAMI BEACH.

Listing courtesy of Beachfront Realty Inc. MLS# A11891783.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 6, 2025.

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