Public market commentary. This property is not listed for sale by Justin Crow · Mattis Advisors.

7320 Byron Ave

Miami Beach, FL 33141  ·  Hotel/Motel  ·  Folio 0232020030810
Building
9,121
square feet
Lot
7,500
0.17 acres
Year built
1941
85 years old
Assessed value
$2,420,000
$265/SF assessed

Ownership and recorded sale history

Owner of recordSUNSHINE LAND DEVELOPMENT LLC
Entity statusActive — Florida Division of Corporations
Last recorded sale2021 — $3,100,000
At that sale$340/SF
Years since5 years
Miami-Dade County Property Appraiser and Florida Division of Corporations. Public records; may lag actual events.

What has actually traded in North Beach / Harding Avenue

Recorded transactions for commercial properties in North Beach along Collins and Harding Avenues, narrowed to the buildings closest to this one in size and age.

Recorded sales
6
2023–2026
Median price/SF
$762
$513 – $1,303
Median size
4,604
square feet
Median vintage
1939
year built
Computed across the 6 sales listed below — the closest matches to this building by size and vintage. Transfers under $100,000, multi-parcel portfolio deals that cannot be allocated, and land-dominant parcels are excluded.

Reading this against the corridor

The county assesses this building at $265/SF. Recorded sales of commercial properties in North Beach / Harding Avenue since 2023 have a median of $762/SF, across a range of $513/SF to $1,303/SF.

Across those 6 recorded sales, the median sale price came in at 1.28× the county assessed value. Assessed values are set for taxation and are reset on their own schedule, so they routinely sit apart from transaction prices — in either direction.

At 9,121 SF this building is materially larger than the 4,604 SF median for commercial properties trading in this corridor, which narrows the pool of directly comparable transactions.

By footprint it sits in roughly the 71th percentile of commercial properties that have traded in this corridor — 2 of the 7 recorded sales were of larger buildings.

The assessment works out 65% below the median price per square foot of the comparable sales shown below. That is an arithmetic comparison of a tax figure against transaction prices, not a statement about what this building would sell for.

What this means for this building depends on what no public record contains — the leases, the condition, the rent roll.

Recorded sales of comparable size and vintage

PropertySizeBuiltSoldPricePer SF
6979 Collins Ave
Hotel/Motel
21,17519362026$26,000,000$1,228
6345 Collins Ave Cu-45
Hotel/Motel
24019482025$125,000$521
6945 Abbott Ave
Hotel/Motel
4,54719392024$4,000,000$880
7337 Harding Ave
Hotel/Motel
4,66219372024$3,000,000$644
7300 Ocean Ter 314
Hotel/Motel
23419402024$305,000$1,303
6985 Collins Ave
Hotel/Motel
34,98019502023$17,955,000$513
Recorded sale prices from Miami-Dade County public records. Comparable transactions — not an appraisal, and not an opinion of value for this or any property.

Important Disclosures

Not a listing. The property described on this page is not listed for sale or lease by Justin Crow or Mattis Advisors. Justin Crow has no listing authority for this property and does not represent the owner unless explicitly engaged in a written agreement.

Not an appraisal. Nothing on this page constitutes an appraisal, a Broker's Opinion of Value, or a Broker Price Opinion under Florida Statute 475.612. The submarket benchmarks shown are general market observations and are not specific opinions of value for this property.

Public records. All property data is sourced from the Miami-Dade County Property Appraiser's public records and is reproduced here for informational purposes. Property data may be inaccurate or out of date. Justin Crow makes no warranty as to the accuracy or completeness of any information on this page.

Owner opt-out. If you are the owner of this property and would prefer this page be removed, please email justin@mattisadvisors.com with the subject "Opt-out — Folio 0232020030810." We will remove the page within 24 hours of receipt, no questions asked.

About. Justin Crow is a Florida-licensed real estate associate operating under Mattis Advisors. Brokerage activity is conducted through Mattis Advisors.