7801 Byron Ave

Miami Beach, FL 33141
$1,995,000
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 designerRead MoreRead Less
Courtesy of BrokerNation Real Estate.
Listing Snapshot
Days Online
140
Last Updated
Property Type
Multi Family
Lot Size
0.13 Acres
Year Built
1939
MLS Number
A11904329
30 Days Snapshot Of 33141
$1.40M
+78%
(avg) sold price
39
+8%
homes sold
132
+12%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Construction Materials: Concrete Block Construction, CBS Construction, Insulated, Year Built: 1939, Building Area Total: 4315
Community
Units In Community: 7
Cooling
Cooling: Central Individual A/C
Expenses
Operating Expense: 51265
Floors
Flooring: Ceramic Floor
Water Features
Water Source: "Public"
Heating
Heating: Central Electric
Income
Gross Income: $177,840, Gross Scheduled Income: $187,200, Net Operating Income: $135,934
Lot
Square Feet: 5650, Features: Beach Access
Energy Saving
Green Energy Efficient: Appliances, Doors, HVAC
Miscellaneous
Inclusions: Building & Land, Leases
Roof
Roof: Barrel Roof
Security Features
Features: Smoke Alarm, Smoke Detector(s)
Sewer
Sewer: Public Sanitation
Taxes
Parcel Number: 02-32-02-007-1140, Tax Annual Amount: $21,678, Tax Legal Description: ALTOS DEL MAR NO 3 PB 8-41 LOT 6 BLK 16 LOT SIZE 50.000 X 113 OR 19456-1255 12 2000 1, Tax Year: 2024
Tenant Pays
Tenant Pays: A/C & Heating Maintenance, Electricity
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Eddie Blanco
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