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8035-8045 Abbott Ave
Miami Beach, FL 33141 North Shore

$7,770,000 USD

Apartments For Sale • 11,300 SF

Property Details

Property Type Apartments
Total Building Size 11,300 SF
Lot Size 0.26 AC
Building Class C
Year Built 1945
Zoning RM-1, Miami Beach

49 Transit Score

74 Walk Score

                
                    Highlights
                
                                Fully renovated coastal multifamily asset delivering turnkey performance with modern interiors and upgraded major systems
                            
                                Strong investment fundamentals supported by 100 percent occupancy and robust rent growth across all unit types
                            
                                Prime North Beach location offering walkable access to beaches, parks, dining, and recreation amenities
                            
                                Proven income stability with high household incomes and demand drivers throughout Miami Beach and surrounding districts
                            
                                Attractive pro forma cap rate potential supported by recent modernization and market rent alignment
                            
                                Approximately $4M was invested in complete renovation in 2022, see attached itemized renovation details

Amenities

Air Conditioning
Laundry Facilities
Gated
Refrigerator
Satellite TV
Oven
Range

Public Transportation

Commuter Rail	Drive	Walk	Distance
	21 min	-	9.1 mi
Golden Glades (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	24 min	-	9.8 mi
Airport	Drive	Walk	Distance
Miami International	36 min	-	17.3 mi
Fort Lauderdale/Hollywood International	35 min	-	18.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Ed Roberts 305-528-7984 Beachfront Realty, Inc

8035-8045 Abbott Ave Miami Beach, FL 33141 North Shore