10 bed 7 bath 4,215 sqft

7922 Abbott Ave, Miami Beach, FL 33141

Neighborhood: North Shore
Multi Family last sold on 1/13/2023 for $1,800,000
MLS Status: Closed

MultiFamily, 2 Blocks From Beach, Highly Desired Area, 2 Separate buildings, 1 - 4 plex and 1 Duplex, 6 units total. 4 - 1 bedroom/1 bath remodeled and 2 - 2 bedroom/1 Bath Completely remodeled. Fully Leased. 6.2% Cap rate at current leases. Impact Windows on Front Building. Great investment in an up and coming area to the new North Beach development Project. Serious Buyers only - Low Ball Offers will not be considered.

All About The Home

Property Details for 7922 Abbott Ave

Home Highlights
Price/Sqft.:
$427/sqft
Time on ZeroDown:
5 months
Heating/Cooling:
Other, Ceiling Fan(s), Electric
Property Facts
Status
Closed
Property Type
Residential Income, Quadruplex
Style
Detached
Community
Miami Beach
Year Built
1937
MLS #
A11297126
Virtual Tour
Floor Size
4,215 sqft.
Interior Features

Heating & Cooling Information

Heating:
Other
Cooling:
Ceiling Fan(s), Electric

Interior Information

Flooring:
Other

Multi-Unit Information

# of Units:
6
Total Actual Rent:
$144,000.0
Rent Includes:
Hot Water, Gardener, Sewer, Trash Collection, Water

Unit Type 1 Information

# of Units:
2
# of Baths/unit:
1
# of Beds/unit:
2
Furnishing:
Unfurnished
Monthly Income:
$2,700.0
Lease Status:
Leased

Unit Type 2 Information

# of Units:
6
# of Baths/unit:
6
# of Beds/unit:
8
Furnishing:
Unfurnished
Monthly Income:
$11,950.0
Equipments:
Air Conditioning Unit, Electric Meter, Microwave, Range, Refrigerator, Smoke Detector
Lease Status:
Leased
See 20+ more property details
Listed by: Sheila McCutcheon
Brokerage: 1St Class Realty & Management Co.
MLS#: A11297126
Source: MIAMIRE
Details provided by MIAMIRE and may not match the public record.

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Financials

Market Comparison

Competition is low in North Shore, with homes selling 5% below asking price over the last three months.

Can I rent this place out?

How much rent can I earn on this place? What's the rental earnings potential? Learn more about the rental earnings potential for this area.
Home History

What work has been done on 7922 Abbott Ave?

Has there been any major remodeling? What work has been done recently? Check out the work permit history for this address.

Public Facts about 7922 Abbott Ave

Last sold date
Sep 17, 2014
Last assessed price
$844K
Around The Neighborhood

How Are the Schools in North Shore?

Greater Miami percentile
89.98%
National percentile
62.09%

Can I raise a family in North Shore?

Owner occupied
25.94%
Renter occupied
74.06%

What's nearby 7922 Abbott Ave?

Number of stores nearby
19

What are my public transportation options in North Shore?

Transit Score
52
Walk Score
96

Where Can I Charge My Electric Vehicle near 7922 Abbott Ave?

Number of charging stations nearby
2
Level 3 chargers nearby
0

Recently Sold Homes in North Shore

Homes sold this month
28
Homes sold last month
19
Quality of Life
Milkyway

How is the night sky in Miami Beach?

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Natural Hazards risk in Miami Beach

Flood Risk
High

How are the noise levels in North Shore?

This area sounds like a undefined.

Will I Like My Neighbors in North Shore?

Average Household Size
2.00
High School or Higher
85.80%

Who provides the best cell coverage in North Shore?

Best Cellular Provider
AT&T Mobility
Number of Towers
69

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