6860 Abbott Avenue

Miami Beach, FL 33141

$2,089,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Huge price reduction! Phenomenal opportunity 10 units multi-family is located at 6860 Abbott Ave in the North Beach neighborhood in Miami Beach. Building is fully occupied and generates positive cash flow and income from day one! Over 6.2% CAP at asking price! Please see Broker Remarks.Huge price reduction! Phenomenal opportunity 10 units multi-family is located at 6860 Abbott Ave in the North Beach neighborhood in Miami Beach. Building is fully occupied and generates positive cash flow and income from day one! Over 6.2% CAP at asking price! Please see Broker Remarks.
  1. Listed by Teodoro Palmieri • Elite Ocean View Realty LLC

Property Details for 6860 Abbott Avenue

Waterfront
No
Area
32
Auction
No
Num Stories
2
Year Built Description
Resale

Location

Listing Courtesy of Elite Ocean View Realty LLC
Add your commute
LISTING UPDATED: 05/31/2024 06:00 PM

Property Details for 6860 Abbott Avenue

StatusActive
MLS #A11223028
Days on Market672
Taxes$22,631 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1947
Lot Size0.14 AC / 6,150 SF
CountyMiami-Dade County

Location

Listing Courtesy of Elite Ocean View Realty LLC
Add your commute

Building Information for 6860 Abbott Avenue

Stories-Residences-Year Built1947Building Size-Lot Size0.14 AC / 6,150 SF

Payment Calculator

$13,286 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,401

Property Taxes

$1,886

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6860 Abbott Avenue

Location Information
Location Information
  • Parcel Number Free Text: 02-32-11-001-0550
  • Parcel Number MLX: 0550
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 11
  • Subdivision Number: 1
  • Subdivision Complex Bldg: 6860 Abbott
  • Unit Count: 1
  • Zoning Information: 3900
General Information
Parking
  • Parking Description: Street Parking
General Information
  • Prop Type-Type of Building: Apartments, Residential-Multi-Family
  • Building Sq Ft: 7,370
  • Num Meters: 10
  • Occupancy Percentage: 100.00%
  • Approximate Lot Size: 6,150
  • Property Sq Ft: 6150
  • Num Buildings: 1
  • Num Floors: 2
  • Road Frontage: City Road
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Flooring: Tile Floors
  • Floor Description: Tile Floors
  • Security Information: Fenced, Security Lighting
Additional Property Information
Utilities
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Public Water
  • Sewer Description: Other Sewer
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 10
  • Tenant Pays: Interior Electric
  • Miscellaneous Information: Laundry Facilities
Financial Information
Financial Information
  • Flood Zone: AE
  • Information Available: Copy Of Lease(S)
Rental Information
Rent Information
  • Deposit Information: Security Deposit
Agent / Office Information
Listing Information
  • Sale Includes: Building & Land, Leases
  • Sale Includes INCL: Leases

Property History for 6860 Abbott Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6860 Abbott Avenue

Taxable ValueLand$799,500Additions$738,742Total$1,538,242
Tax Record2023$26,465 ($2,205 / month)
Home Facts
Total Finished SqFt7,370 SqFtAbove Grade Finished SqFt7,370 SqFtStories2Lot Size6,150 SqFtStyleMulti-Family Dwelling (2-4)Year Built1947Year Renovated1955Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3211-001-0550

Schools near 6860 Abbott Avenue

This home is within Miami-Dade.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Biscayne Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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6860 Abbott Avenue is a multi-family home for sale in Miami Beach, FL 33141. This property was listed for sale on June 15, 2022 by Elite Ocean View Realty LLC, it's currently listed at $2,089,000. This listing's school district is Miami-Dade. Nearby schools include Biscayne Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 6860 Abbott Avenue is a 0-bed, 0-bath, multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elite Ocean View Realty LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.