7801 Byron Ave, Miami Beach, FL 33141 - Photo 1

1/1

$1,860,000

Sold
Closed
Commercial Multi-Family

1/1

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

Sold For: $1,860,000
Taxes: $21,678 (2024)
Status: Closed
Type: Commercial Multi-Family
Source: Greater_Miami
MLS ID: A11904329
Added to Site: 218 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
Potential Use: Investment
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 and Sold 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 ATTOM Data Solutions 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

4/17/2026

Sold

$1,860,000

-6.77%

MLS

10/28/2025

Listed

$1,995,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Total Baths
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Sq. Ft.

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Business
Active

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Price Reduced

-$20,000 (-3.15%)

$615,000

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Condo
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Updated 6 days ago

3
Beds
2
Total Baths
1,552
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Price Reduced

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$445,000

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Condo
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Updated 6 days ago

2
Beds
2
Total Baths
1,221
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Updated 12 hours ago

4
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Total Baths
2,496
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Price Reduced

-$20,900 (-3.17%)

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Condo
Active
Updated 17 hours ago

3
Beds
3
Total Baths
1,410
Sq. Ft.

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$1,600,000

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Apartment
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Condo
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2
Beds
2
Total Baths
1,680
Sq. Ft.

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Sold

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3
Beds
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Total Baths
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7801 Byron Ave, Miami Beach, FL 33141 (MLS# A11904329) is a Commercial Multi-Family property that was sold at $1,860,000 on April 17, 2026. Want to learn more about 7801 Byron Ave? Do you have questions about finding other Commercial Multi-Family real estate for sale in North Shore? You can browse all North Shore real estate or contact a Coldwell Banker agent to request more information.

7801 Byron Ave Miami Beach, FL 33141