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$1,995,000
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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.
Full Property Details
Full Property Details for 7801 Byron Ave
General
- Price: $1,995,000
- Taxes: $21,678 (2024)
- Status: Active
- Type: Commercial Multi-Family
- Source: Greater_Miami
- MLS ID: A11904329
- Updated: 10/29/2025
- Added to Site: 82 day(s) ago
Business
- Business Type: Residential-Multi-Family
Interior
- Flooring: Ceramic Floor
Additional Information
- Security/Safety: Smoke Alarm, Smoke Detector(s)
Location
- County: Miami-Dade County
Community
- Units Assoc/Comm: 7
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C
- Heating Type: Central Electric
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- Detached/Attached: Detached
- Construction: Concrete Block Construction, CBS Construction, Insulated
- Roof: Barrel Roof
- Building Size: 4315
- Year Built: 1939
Unit Information
- Units in Complex: 7
Lot Features
- Lot Size (Sq. Ft.): 5,650
- Lot Features: Beach Access
- Zoning: 3900
Green Features
- Energy Efficient: Appliances, Doors, HVAC
Financial Considerations
- Operating Expenses: $51,265
- Tax Amount: $21,678
- Tax Year: 2024
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: A/C & Heating Maintenance, Electricity
Disclosures and Reports
- Special Conditions: Sale
- 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
- Inclusions: Building & Land, Leases
- Property ID: 02-32-02-007-1140
Listed by BrokerNation Real Estate
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Schools
Schools serving 7801 Byron Ave
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Biscayne Elementary School, Miami Beach, FL 800 77th Street, Miami Beach, FL 33141 | PK-5 | 0.2 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3.4 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 4.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7801 Byron Ave
Date
Details
Price
Change
Source
10/28/2025
Listed
$1,995,000
343.33%
MLS
1/15/2010
Sold
$450,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7801 Byron Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$21,677
5%
$1,262,148
—
2023
$20,628
21%
$1,262,148
29%
2021
$16,979
-8%
$975,208
-12%
2022
$18,376
8%
$1,109,060
25%
2021
$16,979
23%
$888,007
30%
2019
$13,824
9%
$681,627
10%
2018
$12,648
-2%
$619,661
-30%
2017
$12,947
3%
$880,615
72%
2016
$12,575
26%
$512,118
10%
2015
$10,013
8%
$465,562
10%
2014
$9,261
18%
$423,239
10%
2013
$7,825
—
$384,763
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7801 Byron Ave
7801 Byron Ave, Miami Beach, FL 33141 (MLS# A11904329) is a Commercial Multi-Family property. 7801 Byron Ave is currently listed for $1,995,000 and was received on October 28, 2025. Want to learn more about 7801 Byron Ave? Do you have questions about finding other Commercial Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

