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7821 Byron Ave, Miami Beach FL 33141

Commercial For Sale
$1,500,000

BTC: 24.42996743

ETH: 859.10652921

-$500K (2026/02/16)
264 days
0 room(s)

Overview

Unique opportunity to acquire prime real estate in one of Miami's fastest-growing areas. The property offers exceptional potential for developers looking to capitalize on the growing demand for luxury housing in Miami Beach. Currently, it features a two-story multifamily building with four rentable units, providing a stable income stream. The true value lies in the approved project: a five-story building with 14 luxury units, ideal for high-end buyers or tenants seeking proximity to Miami Beach's renowned restaurants, shopping centers, and beaches. Take advantage of this unique opportunity to build a landmark development in one of South Florida's most desirable locations, combining long-term income stability with high growth potential.

Location

Florida • Miami Beach • 33141 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1952
Lot:
5650 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,550,000
$1.2M – $1.7M
Confidence Low
List vs. estimate
$50K below estimate
List $1,500,000 · -3.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $326K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,568
All facts and features

  • Lot

    • Lot: 5650 Square Feet

    Other Property Information

    • Parcel Number: 02-32-02-007-1120

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $15,568

  • Source details

    • MLS ID: A11878718

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33141
609
median $600K
Active
Same city
Miami Beach
2,485
median $650K
Active
Same type
Commercial
149
median $1.9M
Active
Similar price
$1.1M – $1.9M
311
median $1.4M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc