7619 Abbott Ave, Miami Beach FL 33141

Closed

$3,500,000

7.89%

Est. Payment $18,628/mo

MLS Sheet Video

1947

Year Built

Stories

241

Days on Market

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 also significant potential for appreciation. Seize the moment—schedule a viewing today and position yourself to capitalize on this prime real estate opportunity!

Facts

MLS#: A11594384
Subdivision: —
Property Type: Commercial Sale
Property Sub Type: Income/MultiFamily
Year Built: 1947
Lot Size: 5,227 ft²
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 2
Garage: —
Pool: —
Days on Market: 241 days
Listed: Jun 3, 2024
Last Updated: Apr 2, 2025
Price/Lot Sq.Ft.: $670/ft²

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Market insights for Miami Beach

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100

Buyers marketSellers market

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

4/2/2025	Sold	$3,500,000
11/5/2024	Price change	$3,500,000-7.9%
6/3/2024	Listed for sale	$3,800,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

7619 Abbott Ave, Miami Beach FL 33141Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

Alonzo And Tracy Mourning Senior High Biscayne Bay Campus
9,10,11,12 · public · 0.8 mi
Amikids Miami-Dade North
6,7,8,9,10,11,12 · public · 0.8 mi
Aventura Learning Center I, II
PK,TK,KG,1,2,3,4,5 · private · 0.8 mi
Aventura Learning Center
PK,KG,1,2,3 · private · 0.8 mi
David Lawrence Jr. K-8 Center
PK,KG,1,2,3,4,5,6,7,8 · public · 0.9 mi
Fulford Christian Academy
PK,TK,KG,1 · private · 1.1 mi
Treehouse Learning
TK,KG,1,2,3,UG · private · 1.2 mi
Young Leaders Academy K-8
KG,1,2,3,4,5,6,7,8 · private · 1.2 mi
Allison Academy
6,7,8,9,10,11,12 · private · 1.2 mi
Biscayne Academy
UG · private · 1.3 mi

Estimated Monthly Payment

$21,695/mo

Principal & Interest

$18,628

Property Tax

$2,917

Insurance

$150

HOA

Down Payment20% ($700,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

Hablo Español

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