Introducing 8500 Byron, a rare waterfront multifamily investment located in the rapidly developing North Beach neighborhood of Miami Beach. This property features nearly 70 feet of water frontage on the Tatum Waterway, offering both lifestyle appeal and substantial income potential. The building comprises seven spacious units, including a renovated two-story two bed 2 bath townhouse with a private rooftop terrace ideal for an owner-occupant, along with six additional residences (1 studio, 3 one-bedroom units, and 2 two-bedroom units).
Amenities include a private dock with unobstructed boat access to the bay, dedicated off-street parking, lush landscaping, and in-unit laundry facilities in townhouse, onsite coin laundry for other units. Situated steps from beaches, parks, shops, and dining establishments, 8500 Byron benefits from strong tenant demand in a vibrant, walkable community.
Recent significant capital improvements—including a new roof, replacement of the main sewer line, fresh paint, landscaping enhancements, and rooftop deck—ensure low-maintenance ownership while below-market rents provide immediate opportunities for financial growth.