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Anam Cara Lofts 8035-8045 Abbott Ave 20 Unit Apartment Building $7,770,000 ($388,500/Unit) Miami Beach, FL 33141
INVESTMENT HIGHLIGHTS
- State of the art floor to ceiling renovation, new windows and roof
EXECUTIVE SUMMARY
Complete renovation of units including new paint, flooring, updated interiors, tile and windows
FINANCIAL SUMMARY (PRO FORMA - 2022) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $7,770,000 | Building Class | C |
| Price Per Unit | $388,500 | Lot Size | 0.26 AC |
| Sale Type | Investment | Building Size | 11,300 SF |
| No. Units | 20 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1945/2020 |
| Apartment Style | Low-Rise | Parking Ratio | 0.53/1,000 SF |
| Zoning | RM-1, Miami Beach - Multifamily | ||
| Price | $7,770,000 |
| Price Per Unit | $388,500 |
| Sale Type | Investment |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.26 AC |
| Building Size | 11,300 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1945/2020 |
| Parking Ratio | 0.53/1,000 SF |
| Zoning | RM-1, Miami Beach - Multifamily |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Refrigerator
- Satellite TV
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $2,250 | - |
| Studios | 12 | $1,750 | - |
| 3+2 | 2 | $3,830 | - |
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Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (75)
PROPERTY TAXES
| Parcel Number | 02-3202-007-0320 | Total Assessment | $3,010,000 (2025) |
| Land Assessment | $1,356,000 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,654,000 (2025) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
02-3202-007-0320
Land Assessment
$1,356,000 (2025)
Improvements Assessment
$1,654,000 (2025)
Total Assessment
$3,010,000 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
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Anam Cara Lofts | 8035-8045 Abbott Ave
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