Property Listing No Longer Available for Sale

6890 Abbott ave, Miami Beach, FL

Multi-family for Sale - $4,000,000 - 13,084 Sq. Ft. on 0 acres


Property Info

CIMLS#960430
Location
  6890 Abbott ave
  Miami Beach FL 33141
UpdatedNovember 1st, 2017
TypeMulti-family
Price$4,000,000
Building13,084 Sq. Ft.
Land0 acres

Property Description

Exceptional income producing property located one block from the beach and Miami Beach Publix Shopping Center. One of the premier corners in the area, this 20 unit building is comprised of sixteen generously sized one-bedroom apartments and four sizable studios.

This apartment building is fully rented, and also incorporates a beautiful courtyard terrace and brand new roof. Any investor who purchases this property is buying into this vibrant & thriving area, nestled in-between the exciting and fast changing South beach; and to the north the renown shops and area of Bal Harbor. This is an amazing opportunity to purchase twenty units today and take advantage of the rapidly increasing rents.

Location Description:

This northern stretch of Miami Beach includes an old fashioned band shell, a community center and an adjoining park at the north end. Frequented by locals as well as visitors, it's quieter than beaches to the south, but just as beautiful. The beach is wide and sandy, with concessions and showers.

Concerts are held at the North Beach Bandshell, which is a popular Miami Beach music venue. Miami Beach - North is located near fast food restaurants and sidewalk cafes. It's easy to walk across the street to find something to eat or drink after a long day of soaking up some rays, playing beach volleyball at the nets on the beach and enjoying the ocean views.


Financials


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