Miami Beach, FL 33141,7801 Byron Ave
Miami Beach, FL 33141,7801 Byron Ave
Miami Beach, FL 33141,7801 Byron Ave
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$1,995,000
Est. payment /mo
4,315 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,315 sqft

Price per Sqft $462

MLS Listing ID A11904329

HOA Y/N No

Year Built 1939

Annual Tax Amount $21,678

Tax Year 2024

Lot Size 5,650 Sqft

Property Sub-Type Multi Family

Property Description

Currently Cash Flowing $15,450/Month! Massive $200K price drop! Fully gutted and rebuilt 7-unit multifamily just 2 blocks from the beach, now offered at a true 6.8% cap rate. Featuring (4) 1BD/1BA and (3) 2BD/1BA units—all brand new with impact windows, new electrical, plumbing, HVAC, insulation, flooring, kitchens, appliances, and designer baths. On-site laundry adds $450/mo in income. Zero deferred maintenance, premium finishes, and a prime Miami Beach location make this a rare turnkey asset delivering strong cash flow and long-term upside.

Location

State FL

County Miami-dade

Area 32

Interior

Heating Central, Electric

Cooling Central Air

Flooring Ceramic Tile

Exterior

Roof Type Barrel

Private Pool Yes

Building

Sewer Public Sewer

Water Public

Structure Type Block

Others

Tax ID 02-32-02-007-1140

Security Features Smoke Detector(s)

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/mia/A11904329


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by BrokerNation Real Estate
Monica Cataluña, CCIM

"We recognize that real estate ventures involve more than just transactions; they’re intricate puzzles that demand strategic thinking and a keen understanding of the numbers. With years of experience in the industry, we bring a wealth of knowledge and expertise to the table, ensuring that every client receives tailored solutions to meet their unique needs."

+1(954) 812-1831

monica@koresrealty.com

1655 N Commerce Parkway, Suite 204, Weston, Florida, 33326, United States

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7801 Byron Ave