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7717 Byron Ave 14 Unit Apartment Building $4,700,000 ($335,714/Unit) 4.95% Cap Rate Miami Beach, FL 33141
Executive Summary
A 20-unit North Beach multifamily asset offered as-is. The property generates
strong, stable in-place income from a fully-leased 20-unit rent roll — just
blocks from the Atlantic and 77th Street Beach.
strong, stable in-place income from a fully-leased 20-unit rent roll — just
blocks from the Atlantic and 77th Street Beach.
Property Facts
| Price | $4,700,000 | Apartment Style | Low-Rise |
| Price Per Unit | $335,714 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 4.95% | Building Size | 7,616 SF |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | ||
| Zoning | RM-1 - Multi-Family | ||
| Price | $4,700,000 |
| Price Per Unit | $335,714 |
| Sale Type | Investment |
| Cap Rate | 4.95% |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 7,616 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Zoning | RM-1 - Multi-Family |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
- Gated
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 650 |
| 2+1.5 | 4 | - | 1,000 |
1 1
Moderately walkable
70/100
Fairly drivable
50/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02-3202-007-1010 | Improvements Assessment | $1,532,000 |
| Land Assessment | $678,000 | Total Assessment | $2,210,000 |
Property Taxes
Parcel Number
02-3202-007-1010
Land Assessment
$678,000
Improvements Assessment
$1,532,000
Total Assessment
$2,210,000
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7717 Byron Ave
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