7435 Byron Ave, Miami Beach

PRIME LOCATION 10-UNIT MULTI-FAMILY IN THE HEART OF MIAMI BEACH. Fully Renovated multifamily including interior upgrades, new electrical & plumbing, new A/Cs, hurricane shutters, refreshed landscaping, and new roof (July 2025). Solid 1950 CBS construction with 10 2BR/1BA apartments with 5 private backyards. Prime North Beach location-three blocks to the ocean, near Collins/Harding. In-place rents around 2,100-2,200/mo with renewal upside toward 2,400-2,500. Turnkey cash flow with clear value-add from rent growth and neighborhood momentum. NOI 186789, Cap rate 6.00%. Pro format Cap Rate 6.50% Pro format NOI 203.889.
Offering Memorandum available upon request.