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6890 Abbott Ave, Miami Beach FL 33141

Commercial Recently Sold
$4,950,000

BTC: 77.34375000

ETH: 2,835.05154639

Sold on: 2022-07-08
4 days
0 room(s)

Overview

The Elaine Group is proud to present 6890 Abbott, a 20 unit multifamily located a short walk from the sandy beach. The property is fully occupied and consists of 16 spacious one bedroom units and 4 spacious studios. The subject sits on the corner of 69th street and Abbott Avenue between the intracoastal and beach within walking distance to publix, starbucks, walgreens, restaurants, parks, the beach and more. The property has recently been updated with a new roof (2021), a newly remodeled 1 bedroom unit (2022) and new AC mini-splits in many units.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1957
Lot:
12300 Square Feet
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,100,000
$1.3M – $4.5M
Confidence Low
List vs. estimate
$3.6M above estimate
List $5,700,000 · +171.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $443K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$51,939
All facts and features
  • Lot

    • Lot: 12300 Square Feet

    Other Property Information

    • Parcel Number: 02-32-11-001-0580

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $51,939

  • Source details

    • MLS ID: A11181505

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: The Elaine Group, Inc.