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7910 Byron Ave, Miami Beach FL 33141

Commercial For Sale
$1,700,000

BTC: 21.46464646

ETH: 694.16088199

New
0 room(s)

Overview

Great investment opportunity with this multifamily located just two blocks from the ocean in Miami Beach, Fl. Well-maintained, 3,040 Total SF, and has 5 units (2 - Studios, 1- one bedroom/ 1 bath, 1 two bedroom/ 1 bath and 1 three bedroom/ 1 bath). Strong rental income potential, this property holds a grandfathered hotel license, allowing for both long-term tenants and short-term rental operators on a 12-month lease. Property has been renovated with European kitchens with white quartz counter tops, stainless steel appliances, porcelain floors, impact windows and doors, spacious balcony on the upstairs unit, lots of closets and all windows and doors are high impact and have brand new modern blinds. 40-Year certification on hand. There is a laundry facility and bike parking area available on-site. Security camera system and 2 tandem parking spaces.

Location

Details

Type:
Commercial Sale
Parking:
Covered / Off Site / On Street
Year Built:
1939
Lot:
5650 Square Feet
Heating:
Central Electric / Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,400,000
$1.7M – $4.6M
Confidence Low
List vs. estimate
$700K below estimate
List $1,700,000 · -29.2%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
11 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $292K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Parking
2 spaces
All facts and features
  • Flooring

    • Tile

    Heating

    • Central Electric

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Parking

    • Covered

    • Off Site

    • On Street

    Lot

    • Lot: 5650 Square Feet

    Other Property Information

    • Parcel Number: 02-32-02-007-1470

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Green energy

    • Appliances

    • Construction

    • Doors

    • HVAC

    • Insulation

    • Lighting

    • Roof

    • Water Heater

    • Windows

  • Source details

    • MLS ID: A12085787

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction / Insulated

    • Lot Features: Beach Access / Central Business District / In Residential Area

    • Window Features: Complete Impact Glass

    • 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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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: Morgan Whitney Inc