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$2,600,000
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Property Description
Rare waterfront multifamily opportunity in highly desirable North Beach with nearly 70' of water frontage on Tatum Waterway. This updated property features 7 units, including a spacious two-story 2/2 townhouse with a private rooftop terrace, perfect for an owner-occupant, alongside six additional residences (1 studio, 3 one-beds, and 2 two-beds). With a private dock, off-street parking, and lush landscaping, 8500 Byron offers a serene yet vibrant lifestyle. Spacious units feature, modern updates, & abundant natural light, adding to tenant demand. Located steps from beaches, parks, shops, & dining, 8500 seamlessly combines lifestyle appeal with income potential. Significant capital improvements, including a new roof, main sewer line, decking & more, ensure low-maintenance ownership.
Full Property Details
Full Property Details for 8500 Byron Ave
General
- Sold For: $2,600,000
- Taxes: $25,606 (2023)
- Status: Closed
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11717004
- Added to Site: 379 day(s) ago
Business
- Business Type: Apartments
Rental Information
- Lease/Rent Term: Annual Lease
Location
- County: Miami-Dade County
- Driving Directions: North Corner of 85th Street and Byron Avenue -
Community
- Units Assoc/Comm: 4
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Individual A/C
- Heating Type: Central Electric
Utilities
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: Concrete Block Construction
- Windows: Clear Impact Glass
- Stories/Levels: 2
- Building Size: 6336
- Current Bldg. Use: Income Waterfront
- Year Built: 1951
Unit Information
- Units in Complex: 4
Lot Features
- Lot Size (Sq. Ft.): 8,770
- Frontage: Bay
- Potential Use: Investment
- Zoning: 3900
Water Features
- Water Front: Yes
- Water Front Desc.: Canal Front, No Fixed Bridges, Ocean Access
Financial Considerations
- Tax Amount: $25,606
- Tax Year: 2023
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: Sale
- Documents Avail.: Aerial Photo(S), Rent Rolls
- Legal Description: BEACH BAY SUB PB 44-25 LOT 10 BLK 1 LOT SIZE 70.160 X 125 COC 26070-0808 11 2007 1
- Property ID: 02-32-02-005-0050
Listed by Compass Florida, LLC.
Sold by BHHS EWM Realty
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Schools
Schools serving 8500 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 | 0.6 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 3.9 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 4.9 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 8500 Byron Ave
Date
Details
Price
Change
Source
7/21/2025
Sold
$2,600,000
-5.39%
MLS
5/21/2025
Price Reduced
$2,748,000
-3.58%
MLS
1/03/2025
Listed
$2,850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8500 Byron Ave, Miami Beach, FL 33141 (MLS# A11717004) is a Apartment property that was sold at $2,600,000 on July 21, 2025. Want to learn more about 8500 Byron Ave? Do you have questions about finding other Apartment 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.

