Prime multifamily investment opportunity in the heart of Miami Beach. This fully renovated income-producing property features 6 turnkey units, including four spacious 1-bedroom/1-bath residences and two studio apartments. Ideally located just steps from the beach, Collins Avenue, world-class dining, shopping, and entertainment. Strong cash flow with current gross rental income exceeding $11.300/month and significant upside potential driven by high rental demand in the area. Upgrades throughout provide low-maintenance ownership and excellent tenant appeal. Perfect for investors seeking stable income, short- or long-term rental potential, and prime Miami Beach real estate appreciation. Seller highly motivated. for financials, additional details, and a private tour.
7630 Byron Ave, Miami Beach, FL, 33141
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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