6945 Abbott Ave,Commercial Condo, Hotel/Motel, Income Non-Waterfront, Hotel/Motel, Commercial/Residential Income

6945 Abbott Ave, Miami Beach, Florida, 33141

Price $3,750,000.00

  • Lot size 6150
  • Year Build 1939
  • Waterfront Ocean Access
  • Zip 33141
  • Style
  • Parking Description Loading Spaces
  • Pool Yes
  • Status Active

Description

HUGE OPPORTUNITY Priced to Sell-1 block from Beach, TURNKEY Multi-Family Apartment allowed for Short-term(Airbnb), daily, monthly/yearly rentals. Can be a Hotel with all licenses.2 building, main building with welcome lobby, office,storage,laundry facility.2nd building is 1 Bed/1Bath Villa. Low Real Estate Tax. Easy Transfer.Art Deco building, RENOVATED, 40-year Building re-certification until 2029. New Plumbing,Electrical systems, new AC,Security cameras, impact windows and doors. Gated Private tropical garden. Prime location in North Beach Development,2min walk to Beach,Supermarket,shops,restaurants. Big opportunity for investor, Below market value. New owner can add 2 more floors, Property size provide a safer environment.No staff needed (virtual management) Low maintenance.14% CAP Rate

Submit all offers via MLS Offers: http://www.mlsoffers.com/propertysearch.php?mls=A10937875 Serious Inquiry only please. great opportunity Commercial/Residential, zoning ideal for development. For showing, please make a appointment 48h in advance.

ATLANTIC HGTS CORR PL PB 9-14 LOT 1 BLK E LOT SIZE 50.000 X 123 OR 17712-0058 0697 1

Beach Access, City Location

HUGE OPPORTUNITY Priced to Sell-1 block from Beach, TURNKEY Multi-Family Apartment allowed for Short-term(Airbnb), daily, monthly/yearly rentals. Can be a Hotel with all licenses.2 building, main building with welcome lobby, office,storage,laundry facility.2nd building is 1 Bed/1Bath Villa. Low Real Estate Tax. Easy Transfer.Art Deco building, RENOVATED, 40-year Building re-certification until 2029. New Plumbing,Electrical systems, new AC,Security cameras, impact windows and doors. Gated Private tropical garden. Prime location in North Beach Development,2min walk to Beach,Supermarket,shops,restaurants. Big opportunity for investor, Below market value. New owner can add 2 more floors, Property size provide a safer environment.No staff needed (virtual management) Low maintenance.14% CAP Rate

City:Miami Beach,Roof:1:Tile Roof,Zoning:TC-3,Cooling:1:Central Individual A/C,Heating:1:Central Individual A/C,List A O R:A-Miami Association of REALTORS,Tax Year:2020,Flooring:1:Tile,Latitude:25.8550766,Malone Id:1001866440,Cooling Y N:1,Heating Y N:1,List Price:3750000,Listing Id:A10937875,Longitude:-80.1220306,Mls Status:Active,Ownership:Corporation,Year Built:1939,Inclusions:Building & Land,Business,Furniture, Furniture/Fixtures,Inventory,License,Trade Name,Postal Code:33141,Street Name:Abbott Ave,Coordinates:1:25.8550766,Gross Income:586000,Lot Features:1:City Location,Photos Count:47,Supplements:1:Order:2,Mime Type:application/pdf,Class Name:Residential,Resource Name:Property,Media Category:PDF,Media Object I D:351194103_2,Short Description:New Attachment,2:Order:3,Mime Type:application/pdf,Class Name:Residential,Resource Name:Property,Media Category:PDF,Media Object I D:351194103_3,Short Description:New Attachment,Business Type:1:Commercial/Residential Income,Days On Market:175,Listing Terms:1:Conventional/Refinance,2:Other Terms,3:Owner Will Carry,Lot Size Units:Square Feet,On Market Date:2020-10-05,Parcel Number:02-32-11-001-0290,Parking Total:2,Property Type:Commercial Sale,Stories Total:2,Street Number:6945,Waterfront Y N:1,Public Remarks:HUGE OPPORTUNITY Priced to Sell-1 block from Beach, TURNKEY Multi-Family Apartment allowed for Short-term(Airbnb), daily, monthly/yearly rentals. Can be a Hotel with all licenses.2 building, main building with welcome lobby, office,storage,laundry facility.2nd building is 1 Bed/1Bath Villa. Low Real Estate Tax. Easy Transfer.Art Deco building, RENOVATED, 40-year Building re-certification until 2029. New Plumbing,Electrical systems, new AC,Security cameras, impact windows and doors. Gated Private tropical garden. Prime location in North Beach Development,2min walk to Beach,Supermarket,shops,restaurants. Big opportunity for investor, Below market value. New owner can add 2 more floors, Property size provide a safer environment.No staff needed (virtual management) Low maintenance.14% CAP Rate,Structure Type:1:Hotel/Motel,County Or Parish:Miami-Dade County,Expiration Date:2021-05-31,Standard Status:Active,Living Area Units:Square Feet,Major Change Type:Price Increase,New Taxes Expense:17788,Postal Code Plus4:3104,Special Licenses:1:County Licenses,2:State Licenses,State Or Province:FL,Tax Annual Amount:17788,Unparsed Address:6945 Abbott Ave, Miami Beach FL 33141,Building Features:1:Exterior Lighting,2:Kitchen Facilities,3:Laundry Facilities,4:Lobby,5:Office,6:Private Restrooms,7:Reception Area,8:Separate Office Area,9:Storage,Listing Agreement:Exclusive Agency,Road Frontage Type:1:County Road,Security Features:1:Smoke Alarm,2:Smoke Detector(s),3:Security Fence,4:Motion Detector,5:Security System,Year Built Details:New Construction,Building Area Total:5600,Building Area Units:Square Feet,Lot Size Square Feet:6150,Number Of Buildings:2,Original List Price:3490000,Previous List Price:3490000,Public Survey Range:32,Documents Available:1:Books & Records,2:Environment Study,3:Financial Statement,4:Inventory,5:Personal Property Inventory,6:Tax Return,I D X Participation Y N:1,Net Operating Income:420000,Syndication Remarks:HUGE OPPORTUNITY Priced to Sell-1 block from Beach, TURNKEY Multi-Family Apartment allowed for Short-term(Airbnb), daily, monthly/yearly rentals. Can be a Hotel with all licenses.2 building, main building with welcome lobby, office,storage,laundry facility.2nd building is 1 Bed/1Bath Villa. Low Real Estate Tax. Easy Transfer.Art Deco building, RENOVATED, 40-year Building re-certification until 2029. New Plumbing,Electrical systems, new AC,Security cameras, impact windows and doors. Gated Private tropical garden. Prime location in North Beach Development,2min walk to Beach,Supermarket,shops,restaurants. Big opportunity for investor, Below market value. New owner can add 2 more floors, Property size provide a safer environment.No staff needed (virtual management) Low maintenance.14% CAP Rate,Listing Contract Date:2020-10-05,Originating System I D:miamire,Public Survey Section:11,Showing Instructions:Appointment Only,Call Listing Agent,Street Number Numeric:6945,Tax Legal Description:ATLANTIC HGTS CORR PL PB 9-14 LOT 1 BLK E LOT SIZE 50.000 X 123 OR 17712-0058 0697 1,Electric On Property Y N:1,Green Energy Efficient:1:Doors,2:Lighting,Public Survey Township:32,Originating System Name:Miami Association of REALTORS?,Sub Agency Compensation:2%,Contract Status Change Date:2020-10-05,Distance To Freeway Numeric:3,Internet Consumer Comment Y N:1,Transaction Broker Compensation:2%,Internet Entire Listing Display Y N:1,Transaction Broker Compensation Type:%,Internet Automated Valuation Display Y N:1,

  • Price $3,750,000.00
  • Price Change: 2020-11-10
  • Lot size sq. ft.
  • Price per sq.ft.
  • Year Build 1939
  • Waterfront Ocean Access
  • View
  • Pool Yes
  • Style
  • Construction Concrete Block Construction
  • Parking Description Loading Spaces
  • Flooring Type Marble/Slate Floors, Tile
  • Property Type Commercial Sale
  • Status Active
  • Listed 2020-11-10
  • Days on Market 221
  • Furnished
  • City Miami Beach
  • Zip 33141
  • State Florida
  • Subdivision
  • Development Name
  • HOA Fees 0
  • Taxes 17788
  • Taxes Year 2020