Closed

Altos Del Mar, 7922 Abbott Ave, Miami Beach, FL 33141

1,850,000(-2.7% )
4,215SqFt

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Details

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Status:
Sold - Jan 13, 2023
Size: 4,215 SqFt (392 m2)
Price: $427/SqFt ($4,597/m2)
Type: Multi Family
Built: 1937
MLS Number: A11297126
On Site: 1009 Days
Updated: 890 Days ago
Page Views: 0
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.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Other
        • Cooling Description: CeilingFans,Electric
        Building and Construction
        • Floor Description: Other
        • Year Built: 1937
        • Year Built Description: Effective Year Built
        • Style: Fourplex
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-11-08T09:53:42.000-00:00
          Taxes, Fees & More
          • Taxes: 14963

          Price History

          01/12/2023

          Date

          Sold

          Event

          $1.8M

          Price

          -2.7%

          Change Rate

          $427 ft2 / $4,597 m2

          Price Per

          11/01/2022

          Date

          Listed

          Event

          $1.9M

          Price

          $439 ft2 / $4,724 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Sheila McCutcheon1St Class Realty & Management Co. • Buyer Agency Compensation .

          Instant Comps

          $200/ft²
          $1,900/ft²
          $3,700/ft²
          $5,500/ft²

          Unit 7922 Abbott Ave – Asking

          $427/ft²

          (-83%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $2,523/ft²
          Community $/Price Range (Closed) $364/ft² – $5329/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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