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7830-7842 Abbott Ave
Miami Beach, FL 33141
Abbott Apartments · Multifamily Property For Sale
·
25 Units
Investment Highlights
- 15 hotel keys + 10 residences, generating $1M+ in gross annual revenue, Three renovated two-story towers on a 16,950 SF lot, three blocks from the Atl
- 4-2 bedrooms units have the potential to turn into 4 studios, and 4-1 bedrooms, bringing the total unit count to 29
- Miami Beach's stringent STR licensing creates a structural moat that new entrants cannot easily replicate. Units:8-2 bedrooms, 16-1 bedrooms,1 Studio
Property Facts
| No. Units | 25 | Building Size | 19,155 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1940/2022 |
| Building Class | C | Parking Ratio | 0.57/1,000 SF |
| Lot Size | 0.39 AC | ||
| Zoning | 3900 - Multifamily Dwelling | ||
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 19,155 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1940/2022 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | 3900 - Multifamily Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Pool
- Tenant Controlled HVAC
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 16 | $4,192 | 550 - 650 |
| 2+1 | 8 | $4,547 | 850 |
| Studios | 1 | $4,042 | 450 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,424,000 | |
| Land Assessment | $1,356,000 | Total Assessment | $4,408,861 |
Property Taxes
Parcel Numbers
Land Assessment
$1,356,000
Improvements Assessment
$1,424,000
Total Assessment
$4,408,861
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