Home » Properties » 8220 Byron Ave, Miami Beach FL 33141

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Income MultiFamily Waterfront Property in Miami Beach

Unique twin-building multifamily package with 24 waterfront units in North Beach, Miami Beach. Must buy together for full potential.

$3,500,000

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MLS #A11845224

Listing Updated: 2026-07-13 18:35:28

Listed By: Casa De Maria, Inc.

Overview

This rare multifamily commercial package includes two twin buildings side by side, offering a total of 24 waterfront units in vibrant North Beach, Miami Beach. Comprising 4 one-bedroom, one-bathroom units and 20 studios, this income property built in 1956 provides a unique opportunity for investors seeking a diversified portfolio with strong location appeal. Buyers benefit from the serene waterfront setting combined with the energetic urban lifestyle Miami Beach offers.Located at 8220 Byron Ave, this property offers access to the dynamic cultural scene and coastal amenities that define North Beach. Proximity to beaches, dining, and entertainment options enhances tenant appeal, while ownership of both buildings ensures operational efficiency and economies of scale in this sought-after neighborhood.

Property Highlights

Twin buildings combined for 24 waterfront units. Mix of 1-bedroom and studios. Prime North Beach location with strong lifestyle appeal. Built 1956 with unique investment potential.

Property Details

City: Miami Beach

State: FL

Zip Code: 33141

Address: 8220 Byron Ave, Miami Beach FL 33141

Year Built: 1956

Property Type: Commercial Sale

Property Sub Type: Income/MultiFamily

Listing Office Name: Casa De Maria, Inc.

County: Miami-Dade County

Garage Spaces:

Parking Features:

Interior Features:

Exterior Features:

Waterfront: No

Pool: No

HOA Fee: $0

Annual Tax: $29,720

Days On Market: 356 Days

Original Listing Description

THIS PACKAGE IS PART OF A TWIN BUILDING SIDE BY SIDE. MUST BE PURCHASED TOGETHER, SAME OWNER. AMAZING WATERFRONT TOTAL 24 UNITS, 4 1/1 AND 20 STUDIOS. PLEASE CALL ME FOR DETAILS AND ASK ME ABOUT MY OTHER OFF MARKET BUILDINGS IN NORTH BEACH

Property Location

Explore the surrounding area, nearby amenities, and neighborhood access for this property.

8220 Byron Ave, Miami Beach FL 33141

About This Neighborhood

Nestled in Miami Beach's North Beach neighborhood, this property combines waterfront living with urban convenience. North Beach has cultivated a relaxed yet vibrant atmosphere, offering residents easy access to the beach as well as nearby shops and restaurants. The area blends residential charm with a growing cultural presence, appealing to tenants who enjoy both calm coastal vibes and dynamic community life.Living or investing here means engaging with a neighborhood that prioritizes outdoor recreation, local art, and accessibility. Its location on Byron Avenue offers seamless connectivity to Miami Beach's broader attractions while maintaining a welcoming local feel.

Walkability & Lifestyle

This property on Byron Avenue boasts excellent walkability to numerous local attractions in North Beach. Residents can easily enjoy morning walks to nearby cafes, boutiques, and waterfront parks. The neighborhood invites outdoor activity with beach access just steps away, along with bike paths and green spaces that support an active lifestyle.The vibrant restaurant scene and casual shopping options within walking distance contribute to a lively neighborhood feel, making the area attractive for both tenants and owners seeking convenience and community connectivity.

Things To Do Nearby

North Beach offers an array of lifestyle experiences that combine relaxation and entertainment. Residents near 8220 Byron Ave can explore nearby beaches, enjoy waterfront dining, or participate in water sports along Biscayne Bay. The local arts scene, parks, and marinas further enrich daily life.With nightlife and cultural events within a short drive, this locale offers a balance of tranquility and urban flair. Outdoor enthusiasts appreciate easy access to scenic walking trails and golf courses, enhancing the neighborhood's year-round recreational appeal.

Nearby Schools

Families in the North Beach area benefit from access to a range of educational options within Miami Beach, offering convenience for those with school-aged children. The neighborhood's size and coastal setting make it appealing for residents seeking a balanced lifestyle with good school access.While this property is primarily an investment opportunity, its location also supports residents prioritizing nearby educational institutions and family-friendly amenities, adding to its overall residential appeal.

Why Buyers Like This Area

Buyers are drawn to this waterfront multifamily package for its strategic location in North Beach, offering both lifestyle amenities and strong rental unit variety. The combined buildings provide operational efficiencies that appeal to those managing larger property portfolios.The neighborhood's blend of beach access, diverse dining options, and local culture creates ongoing demand from renters seeking quality coastal living. For those looking for multifamily properties with character and scale in Miami Beach, this offering stands out.

Investment Potential

This multifamily package in North Beach, Miami Beach, offers diversified rental options through a mix of studios and one-bedroom units, all ideally situated on the waterfront. The combined twin buildings provide a unique opportunity for investors looking to manage multiple units efficiently in a desirable coastal neighborhood. Buyers will appreciate the strategic location near Miami Beach's cultural and recreational hubs, which supports consistent tenant interest throughout the year.While rental income can fluctuate with seasonal demand, the property's proximity to the beach and vibrant local scene enhances its appeal. Those seeking a multifamily investment that balances lifestyle and potential cash flow may find this offering particularly suited to their goals.

Market Trends

Miami Beach's multifamily market continues to show resilience, driven by demand for rental units within walkable coastal communities like North Beach. Properties with waterfront access and a mix of unit sizes attract a broad tenant base seeking lifestyle-oriented rentals. Despite broader economic fluctuations, the area's appeal to seasonal and long-term tenants remains strong.The combined twin buildings encompass a significant number of units, offering a rare scale that meets the demand for rental diversity. Current trends support steady interest in such properties, particularly those located near the beach and convenient amenities.

Rental Income Potential

The rental mix of 20 studios and 4 one-bedroom units caters to varied tenant needs, from singles to couples seeking waterfront living near Miami Beach's vibrant North Beach area. This diversity enhances rental appeal in a market known for both seasonal visitors and longer-term residents.While rental returns can vary, the property's location near popular beaches and cultural venues supports year-round demand. Investors interested in multifamily holdings will find that offering multiple unit types within a single package may help optimize occupancy and income potential.