6838 Abbott Ave, Miami Beach, FL 33141

8 Unit Apartment Building | $1,950,000 ($243,750/Unit) | 6.34% Cap Rate | Miami Beach, FL 33141

Asking Price $1,950,000

Property Type
Multifamily
Square Feet
6,544 SF

Listing Contacts

Laura Veitia
Laura Veitia
  • Property Info

Property Overview

Explore the charm of this delightful MiMo building nestled in the Historic Resort District. With its prime location just steps away from Town Center, the new 72nd St Civic Center, and Ocean Terrace; convenience meets charm effortlessly. Featuring impact windows, new electrical service, and a gated entrance, the building exudes resilience, security, and style. Each spacious residence features corner windows,

Property Details

Class
C
Year Built/Renovated
1937/2018
Stories
2
Lot Size (sq. ft)
7,405 SF
Units
8

Highlights

  • Centrally located near Town Center - walk everywhere
  • New electrical service including new individual panels
  • 7 out of 8 units fully renovated including electrical and plumbing
  • Increase CAP over 6% simply by bringing rents to market
  • Near Mass Transit, Beach, & shopping

FAQ

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