8430 Byron Avenue

Miami Beach, FL 33141

$1,200,000
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

HUGE PRICE REDUCTION - LOWEST PRICED WATERFRONT BUILDING IN NORTH BEACH (MIAMI BEACH). 5 Unit Multi-family building located just 2200 steps from the ocean, and 3 blocks from North Beach Park. All units are FULLY rented, great investment property and positive cash flow. The property is partially renovated on the interior, but with more upgrades, investor can increase monthly rents. Over 121 FT of canal/water views, fit your boat up to 35 ft! Building freshly painted, new roof installed April 2020...HUGE PRICE REDUCTION - LOWEST PRICED WATERFRONT BUILDING IN NORTH BEACH (MIAMI BEACH). 5 Unit Multi-family building located just 2200 steps from the ocean, and 3 blocks from North Beach Park. All units are FULLY rented, great investment property and positive cash flow. The property is partially renovated on the interior, but with more upgrades, investor can increase monthly rents. Over 121 FT of canal/water views, fit your boat up to 35 ft! Building freshly painted, new roof installed April 2020 with 10 year warranty. Updated seawall and well maintained landscaping. A must see! Seller motivated. NOTE: Per the City of Miami Beach, this property is located in RM-1 Zone which allows the new owner to add add'l floors to this building, creating more units total... (More units = More Income)
  1. Listed by Nathaniel Forbes • Classic Real Estate Inc

Property Details for 8430 Byron Avenue

Waterfront
Yes
Waterfront Description
Canal Front, Canal Width 1-80 Feet, Canal Width 121 Feet Or More, Canal Width 81-120 Feet
Area
32
Auction
No
Num Stories
2
Year Built Description
Resale
LISTING UPDATED: 07/31/2020 03:33 PM

Property Details for 8430 Byron Avenue

StatusActive
MLS #A10844031
Days on Market1759
Taxes$16,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1951
Lot Size0.17 AC / 7,500 SF
CountyMiami-Dade County

Building Information for 8430 Byron Avenue

Stories-Residences-Year Built1951Building Size-Lot Size0.17 AC / 7,500 SF

Property Information for 8430 Byron Avenue

Location Information
Location Information
  • Parcel Number Free Text: 02-32-02-005-0080
  • Parcel Number MLX: 0080
  • MLS Area: 32
  • Municipal Code: 22
  • Township Range: 32
  • Section: 3
  • Subdivision Number: 5
  • Unit Count: 5
  • Zoning Information: 3900
General Information
Parking
  • Num Parking Spaces: 1
  • Parking Description: Common Parking, Free Parking, Street Parking
General Information
  • Style of Property: Income Waterfront
  • Property Description: WATERFRONT 5 UNIT MULTI-FAMILY
  • Prop Type-Type of Building: Apartments, Residential-Multi-Family
  • Building Sq Ft: 4,479
  • Num Tenants: 5
  • Num Meters: 1200
  • Num Toilets: 6
  • Miles to Expressway: 2
  • Miles to Beach: 1
  • Location of Property: City Location, Inside Lot, In Residential Area
  • Occupancy Percentage: 100.00%
  • Total Acreage: 0
  • Lot Frontage: 80
  • Approximate Lot Size: 7500
  • Property Sq Ft: 7500
  • Ceiling Description: Ceiling Height Varies, Insulated
  • Num Buildings: 1
  • Road Frontage: City Road
  • Boat Access: Common Dock, Dock Available, Dock Owned/Included, Parking, Private Dock, Up to 60 Ft Boat
  • Boat Services: Common Dock,Dock Available,Dock Owned/Included,Parking,Private Dock,Up to 60 Ft Boat
  • Electric Service: Over 200 Amps
  • Fire Protection: Other Fire Protection, Smoke Detector
  • Construction: Concrete Block Construction, CBS Construction
  • Construction Type: Concrete Block Construction, CBS Construction
  • Roof Description: Other Roof, Shingle Roof
  • Flooring: Ceramic Floor, Terrazzo Floors, Tile Floors, Wood Floors
  • Floor Description: Ceramic Floor, Terrazzo Floors, Tile Floors, Wood Floors
  • Security Information: Fenced, Security Gate
Additional Property Information
Utilities
  • Heating Description: Other
  • Cooling Description: Other, Wall/Window Unit Cooling
  • Water Description: Other
  • Sewer Description: Other Sewer
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 5
  • Tenant Pays: Interior Electric, Gas/Oil
  • Miscellaneous Information: Dryer(S) Leased, Laundry Facilities, Washer(S) Leased
Financial Information
Financial Information
  • Total Mortgage: $675,000
  • Flood Zone: AE
  • Tax Year: 2019
  • Special Information: Disclosure
  • Information Available: Aerial Photo(S), Drawings, Financial Statement, Investment Analysis, Copy Of Lease(S), Photos, Rent Rolls, Existing Survey
Rental Information
Rent Information
  • Deposit Information: First Month Rent, Last Month Rent, Security Deposit
Agent / Office Information
Listing Information
  • Sale Includes: Building & Land
  • Sale Includes INCL: Equipment, Furniture/Fixtures, Leases

Property History for 8430 Byron Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8430 Byron Avenue

Taxable ValueLand$825,000Additions$136,401Total$961,401
Tax Record2023$17,644 ($1,470 / month)
Home Facts
Total Finished SqFt4,479 SqFtAbove Grade Finished SqFt4,479 SqFtStories2Lot Size7,500 SqFtStyleMulti-Family Dwelling (2-4)Year Built1951Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3202-005-0080

Schools near 8430 Byron Avenue

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Biscayne Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8430 Byron Avenue is a multi-family home for sale in Miami Beach, FL 33141. This property was listed for sale on April 8, 2020 by Classic Real Estate Inc, it's currently listed at $1,200,000. It has been on the market for a total of 1759 days and was last sold on November 30, 2020. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Biscayne Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 8430 Byron Avenue is a 0-bed, 0-bath, multi-family home built in 1951.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Classic Real Estate Inc

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.