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Buildings/Miami Beach/COLONNADE BAY CONDO

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COLONNADE BAY CONDO

8530 Byron Ave, Miami Beach 33141

1979

Year Built

Units

For Sale

$490K

Avg Price

$448

Sale $/SF

—

For Rent

—

Avg Rent

$1.29

Rent $/SF

-4.2%

YoY

For Sale

For Rent

Investor-Owned

39%

Avg HOA

$530/mo

Building Details

Address

8530 Byron Ave, Miami Beach, 33141

Neighborhood

Miami Beach

Year Built

1979

Total Units

Avg Unit Sqft

1,106 SF

Tier

Premium

Avg $/SF

$448.35

Rent $/SF

$1.29/SF

HOA Range

$530 – $530

Neighborhood Rank

Top 27%

Avg Unit Value

$355K

Total Sales (All-Time)

Investment Analysis

Yield Metrics

Rental Yield (annualized)—

YoY Appreciation-4.2%

Total Yield113.1%

Liquidity & Demand

Closed Sales (120d)0

Investor-Owned39%

For Sale1

For Rent0

Top 27%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$448

Rental Price Trend ($/SF)

$0.00

Building Activity

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Mar 11, 2025	$410K	$411.65	2/2	996
Jun 3, 2024	$535K	$484.6	2/2	1,104
Apr 1, 2024	$413K	$377.75	2/2	1,092
Oct 10, 2023	$530K	$480.07	2/2	1,104
Sep 5, 2023	$500K	$457.88	2/2	1,092
Feb 17, 2023	$403K	$364.58	2/2	1,104
Jun 30, 2022	$400K	$303.49	2/2	1,318
Nov 2, 2021	$300K	$301.2	2/2	996
Aug 27, 2021	$300K	$271.74	2/2	1,104
Jun 29, 2021	$295K	$267.21	2/2	1,104
Jan 16, 2020	$130K	$119.05	2/2	1,092
Oct 16, 2019	$221K	$200.18	2/2	1,104
Jul 10, 2019	$207K	$207.83	2/2	996
Jun 25, 2019	$33K	$29.76	2/2	1,092
Sep 19, 2017	$282K	$258.24	2/2	1,092
May 28, 2015	$185K	$168.96	2/2	1,092
Dec 30, 2014	$146K	$133.7	2/2	1,092
Mar 7, 2014	$170K	$155.68	2/2	1,092
Nov 6, 2013	$149K	$136.54	2/2	1,092
May 7, 2012	$160K	$146.52	2/2	1,092
Jan 1, 2007	$250K	$226.45	2/2	1,104
Dec 1, 2006	$245K	$224.36	2/2	1,092
Nov 1, 2004	$245K	$224.36	2/2	1,092
Oct 1, 2004	$195K	$176.63	2/2	1,104
Sep 1, 2004	$210K	$192.31	2/2	1,092

Units & Ownership

Total Units

Avg Sqft

1,106 SF

Avg Assessed

$231K

Owner-Occupied

61%

Tax & Ownership

Investor-Owned

39%

Owner-Occupied

61%

Avg Assessed Value

$231K

Avg Taxable Value

$197K

Effective Year Built

1979

Zoning

3900

Unit Mix

2 BR28

Avg 1,106 SF

Unit Directory

Showing 10 of 28 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
201	2	2	1,092	$228K	—	$60K	$55	Nov 1979
202	2	2	1,092	$136K	✓	$100	$0	Jul 2025
203	2	2	1,104	$121K	✓	$175K	$159	Mar 2004
204	2	2	1,104	$367K	✓	$530K	$480	Oct 2023
205	2	2	1,092	$136K	✓	$245K	$224	Dec 2006
206	2	2	1,092	$175K	✓	$170K	$156	Mar 2014
207	2	2	1,104	$236K	—	$195K	$177	Oct 2004
301	2	2	1,092	$178K	✓	$282K	$258	Sep 2017
302	2	2	1,092	$138K	✓	$89K	$82	Sep 1996
303	2	2	1,104	$245K	—	$110K	$100	Feb 1997