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7717-7725 Byron Avenue, Miami Beach FL 33141

Commercial Recently Sold
$3,600,000

BTC: 43.30045706

ETH: 1,358.49056604

Sold on: 2022-05-26
7 days
0 room(s)

Overview

Great investment opportunity just blocks from the beach in the desirable North Beach area with some of the best shops and restaurants. This listing is for 7717 and 7725 Byron, both must sell in one package. 7717 consist of 14 units split into 4 one bedroom units and 10 large studios. 7725 consist of 6 one bedroom units. All units are in good condition, all with long term tenants. Property is in the final stages for obtaining the 40 year certification, new electrical, plumbing, boiler, cameras, roof, etc. Building is secure with a gate and surveillance camera system. This is a great investment and will not last long! Most rents are still below market value for potential future increase of NOI.

Location

Florida • Miami Beach • 33141 • Commercial • Recently Sold

Details

Type:
Commercial Sale
Parking:
None
Year Built:
1958
Lot:
0.13 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$950,000
$460K – $3.1M
Confidence Low
List vs. estimate
$2.8M above estimate
List $3,700,000 · +289.5%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
13 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $327K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$36,000
2020
All facts and features

  • Flooring

    • Tile

  • Parking

    • None

    Lot

    • Lot: 0.13 Acres

    Other Property Information

    • Parcel Number: 02-32-02-007-1010

    • Zoning: RM-1

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Other financial information

    • Annual tax amount: $36,000

  • Source details

    • MLS ID: F10312058

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: In Residential Area / Fenced

    • Water Source: Public

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
308
median $595K
Active
Same city
Miami Beach
1,152
median $597K
Active
Same type
Commercial
59
median $590K
Active
Similar price
$2.6M – $4.8M
88
median $3.5M
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: G & E Realty Group, Inc