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6860 Abbott Ave, Miami Beach, FL 33141
$2,089,000
6860 Abbott Ave, Miami Beach, FL 33141View this property at 6860 Abbott Ave, Miami Beach, FL 33141
6860 Abbott AveMiami BeachFL33141
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Property 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.
Full Property Details
Full Property Details for 6860 Abbott Ave
General
- Price: $2,089,000
- Taxes: $22,631
- Status: Active
- Type: Apartment
- MLS ID: A11223028
- Updated: 3/1/2024
- Added to Site: 723 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Rental Information
- Lease/Rent Term: Annual Lease
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Security Fence, Security Lights
Parking
- Parking Features: On Street
Location
- County: Miami-Dade County
- Building Name: 6860 Abbott
Community
- Units Assoc/Comm: 10
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
Utilities
- Sewer: Other
- Water: Public
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: CBS Construction
- Stories/Levels: 2
- Building Size: 7370
- Year Built: 1947
- Other Struct. Feat.: Laundry Facilities
Unit Information
- Units in Complex: 10
Lot Features
- Lot Size (Sq. Ft.): 6,150
- Zoning: 3900
Financial Considerations
- Operating Expenses: $74,417
- Tax Amount: $22,631
- Terms: All Cash, Conventional/Refinance
- Tenant Pays: Electricity
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Sale
- Documents Avail.: Copy Of Lease(S)
- Legal Description: ATLANTIC HGTS PB 9-14 LOT 8 BLK G LOT SIZE 50.000 X 123 OR 19480-3534 01 2001 1
- Inclusions: Building & Land, Leases, Leases
- Property ID: 02-32-11-001-0550
Listed by Elite Ocean View Realty LLC
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Schools
Schools serving 6860 Abbott Ave
School District:Miami-Dade County School District
Rating | Name | Grades | Distance |
---|---|---|---|
800 77th St, Miami Beach, FL 33141 | PK-5 | 0.6 mi | |
12829 Sw 272nd St, Homestead, FL 33032 | PK-8 | 29 mi | |
4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 2.8 mi | |
2231 Prairie Ave, Miami Beach, FL 33139 | 9-12 | 3.8 mi | |
Robert Morgan Educational Center and Technical College
18180 Sw 122 Avenue, Miami, FL 33177 | 9-12 | 24.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6860 Abbott Ave
Date
Details
Price
Change
Source
1/07/2024
Price Reduced
$2,089,000
-12.96%
MLS
4/02/2023
Price Reduced
$2,400,000
-14.22%
MLS
6/15/2022
Listed
$2,798,000
848.47%
MLS
12/08/1999
Sold
$295,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6860 Abbott Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$26,465
17%
$1,538,242
28%
2022
$22,631
1%
$1,204,445
4%
2021
$22,317
5%
$1,155,851
—
2020
$21,263
8%
$1,155,851
19%
2019
$19,644
12%
$967,979
10%
2018
$17,517
1%
$879,981
-19%
2017
$17,276
4%
$1,092,000
50%
2016
$16,674
20%
$727,258
10%
2015
$13,887
3%
$661,144
10%
2014
$13,427
12%
$601,040
2%
2013
$12,008
—
$590,465
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6860 Abbott Ave
6860 Abbott Ave, Miami Beach, FL 33141 (MLS# A11223028) is a Apartment property. 6860 Abbott Ave is currently listed for $2,089,000 and was received on June 15, 2022. Want to learn more about 6860 Abbott Ave? Do you have questions about finding other Apartment real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.