Mid-Tier
Multifamily for sale in Harding Townsite7435 Byron Ave, Miami Beach, FL 33141Prime 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 5.62%. Pro format cap rate 6.13% pro format noi $203.889.
Offering memorandum available upon request.