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7821 Byron Ave 2 Unit Apartment Building $1,300,000 ($650,000/Unit) 5.06% Cap Rate Miami Beach, FL 33141
Executive Summary
A well-located, fully-leased 4-unit North Beach multifamily asset offered as-is.
The property pairs steady in-place income with a prime coastal location — just
blocks from the Atlantic and 77th Street Beach.
The property pairs steady in-place income with a prime coastal location — just
blocks from the Atlantic and 77th Street Beach.
Property Facts
| Price | $1,300,000 | Apartment Style | Low-Rise |
| Price Per Unit | $650,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.13 AC |
| Cap Rate | 5.06% | Building Size | 3,382 SF |
| No. Units | 2 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1952 |
| Property Subtype | Apartment | Parking Ratio | 1.18/1,000 SF |
| Zoning | 3900 | ||
| Price | $1,300,000 |
| Price Per Unit | $650,000 |
| Sale Type | Investment |
| Cap Rate | 5.06% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,382 SF |
| No. Stories | 2 |
| Year Built | 1952 |
| Parking Ratio | 1.18/1,000 SF |
| Zoning | 3900 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | - |
1 1
Moderately walkable
70/100
Fairly drivable
50/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 02-3202-007-1120 | Improvements Assessment | $168,682 |
| Land Assessment | $678,000 | Total Assessment | $846,682 |
Property Taxes
Parcel Number
02-3202-007-1120
Land Assessment
$678,000
Improvements Assessment
$168,682
Total Assessment
$846,682
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7821 Byron Ave
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