For more information regarding the value of a property, please contact us for a free consultation.
7717-7725 Byron Ave Miami Beach, FL 33141
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $3,600,000
Property Type Multi-Family
Sub Type Income/Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID F10312058
Sold Date 05/26/22
Construction Status Resale
HOA Y/N No
Total Fin. Sqft 7000
Year Built 1958
Annual Tax Amount $36,000
Tax Year 2020
Lot Size 5,650 Sqft
Property Description
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
State FL
County Miami-dade County
Zoning RM-1
Interior
Flooring Tile Floors
Exterior
Water Access N
Roof Type Concrete Roof,Tile Roof
Private Pool No
Building
Story 2.0000
Foundation Cbs Construction
Sewer Public Sanitation
Water Public Water
Construction Status Resale
Others
Pets Allowed No
Security Features Fenced,Security Gate
Read Less
Bought with G & E Realty Group, Inc