7619 Abbott Avenue

Miami Beach, FL 33141

$3,800,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing an unparalleled investment opportunity nestled in the heart of Miami Beach: a meticulously renovated 16-unit income property, merely two blocks from the ocean. This two-story gem has undergone an extensive transformation, featuring a new roof, plumbing, impact-resistant windows, AC units, lighting, bathrooms, and kitchens. Each unit radiates modern luxury and functionality, ensuring high tenant demand. With Miami Beach's perennial allure, this property offers not only steady returns but...Introducing an unparalleled investment opportunity nestled in the heart of Miami Beach: a meticulously renovated 16-unit income property, merely two blocks from the ocean. This two-story gem has undergone an extensive transformation, featuring a new roof, plumbing, impact-resistant windows, AC units, lighting, bathrooms, and kitchens. Each unit radiates modern luxury and functionality, ensuring high tenant demand. With Miami Beach's perennial allure, this property offers not only steady returns but also significant potential for appreciation. Seize the moment—schedule a viewing today and position yourself to capitalize on this prime real estate opportunity!
  1. Listed by Luis Dominguez • Premium Estates Realty Corp
  2. Listed by Luis Dominguez • The Lab Realty Group, LLC

Property Details for 7619 Abbott Avenue

Waterfront
No
Area
32
Auction
No
Num Stories
2
Year Built Description
New Construction
LISTING UPDATED: 06/05/2024 03:41 PM

Property Details for 7619 Abbott Avenue

StatusActive
MLS #A11594384
Days on Market172
Taxes$35,904 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial/Industrial / Income/Multi Family
Year Built1947
Lot Size0.13 AC / 5,650 SF
CountyMiami-Dade County

Building Information for 7619 Abbott Avenue

Stories-Residences-Year Built1947Building Size-Lot Size0.13 AC / 5,650 SF

Property Information for 7619 Abbott Avenue

Location Information
Location Information
  • Parcel Number Free Text: 02-32-02-007-0690
  • Parcel Number MLX: 0690
  • MLS Area: 32
  • Municipal Code: 2
  • Township Range: 32
  • Section: 2
  • Subdivision Number: 7
  • Unit Count: 3
  • Zoning Information: 3900
General Information
Parking
  • Parking Description: Street Parking
General Information
  • Style of Property: Income Non-Waterfront
  • Property Description: 16 unit income property.
  • Type of Building: Free Standing
  • Prop Type-Type of Building: Apartments, Commercial/Residential Income
  • Road Type: Two Lane
  • Building Sq Ft: 7,134
  • Num Tenants: 16
  • Num Meters: 10
  • Num Toilets: 16
  • Miles to Expressway: 3
  • Miles to Beach: 0
  • Occupancy Percentage: 50.00%
  • Total Acreage: 0
  • Approximate Lot Size: 5650
  • Property Sq Ft: 5650
  • Interior Ceiling Height: 8
  • Num Buildings: 1
  • Num Floors: 2
  • Road Frontage: City Road
  • Construction: CBS Construction
  • Construction Type: CBS Construction
  • Flooring: Tile Floors, Vinyl Floors
  • Floor Description: Tile Floors, Vinyl Floors
Additional Property Information
Utilities
  • Heating Description: Wall/Window Units
  • Cooling Description: Wall/Window Unit Cooling
  • Water Description: Public Water
  • Sewer Description: Other Sewer
Additional Property Information
  • Guest Accommodations: No
  • Num Units: 16
  • Tenant Pays: Interior Electric, Inside Insurance
  • Miscellaneous Information: Balconies, Exterior Lighting, Pedestrian Traffic
  • Storm Protection: Clear Impact Glass
  • Green Energy Efficient: Windows
Financial Information
Financial Information
  • Assumable: No
  • Flood Zone: AE
  • Information Available: Aerial Photo(S), Photos, Rent Rolls
Rental Information
Rent Information
  • Deposit Information: First Month Rent, Last Month Rent, Security Deposit
Agent / Office Information
Listing Information
  • Sale Includes: Building & Land, Leases
  • Sale Includes INCL: Leases

Property History for 7619 Abbott Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7619 Abbott Avenue

Taxable ValueLand$678,000Additions$1,222,000Total$1,900,000
Tax Record2023$35,904 ($2,992 / month)
Home Facts
Total Finished SqFt7,134 SqFtAbove Grade Finished SqFt7,134 SqFtStories2Lot Size5,650 SqFtStyleMulti-Family Dwelling (2-4)Year Built1947Zoning3900:MULTI-FACountyMIAMI-DADEAPN02-3202-007-0690

Schools near 7619 Abbott Avenue

This home is within Miami-Dade County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Biscayne Elementary School
PublicPK to 5

Nautilus Middle School
Public6 to 8

Robert Morgan Voc-Tech Institute
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7619 Abbott Avenue is a multi-family home for sale in Miami Beach, FL 33141. This property was listed for sale on June 3, 2024 by Premium Estates Realty Corp, it's currently listed at $3,800,000. It has been on the market for a total of 172 days and was last sold on June 24, 2022. This listing's school district is Miami-Dade County Public Schools. Nearby schools include Biscayne Elementary School, Air Base K-8 Center for International Education and Nautilus Middle School. 7619 Abbott Avenue is a 0-bed, 0-bath, multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Premium Estates Realty Corp; The Lab Realty Group, LLC

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.