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Multi-Family Apartment Building
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6860 Abbott Ave, Miami Beach, FL 33141

Ten-unit multi-family building is fully occupied and producing income.

Property SizeContact for details
Days on Market125

Property Features for 6860 Abbott Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Financials

Cap Rate 6.39%
Business Included Yes

Additional Details

Multifamily Units 10

Building Details

Tenancy Multi
Listing Agency: Elite ocean View Realty
Listed By: Teo Palmieri · License #3066859
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 8:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite ocean View Realty

Investment Insights

Based on property information with market context.

This 10-unit multi-family apartment building is presented for sale fully occupied. According to the remarks, the property is generating positive cash flow from day one.

The building is located at 6860 Abbott Ave in the North Beach neighborhood of Miami Beach, Florida.

With 10 total units and current occupancy, the property is positioned as an income-producing residential asset for prospective buyers seeking an occupied multifamily investment.

Key Highlights

  • 10‑unit multi‑family building at 6860 Abbott Ave in Miami Beach’s North Beach neighborhood
  • Building is fully occupied, producing income
  • Positive cash flow reported by listing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Electrical Service Food Market (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,212
Businesses Nearby

Demographics for 33141, FL

35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Ten-unit multi-family building is fully occupied and producing income.
Where is this apartment building located?
The property is located at 6860 Abbott Ave Miami Beach, FL.
What are key features of this property?
This property features: 10‑unit multi‑family building at 6860 Abbott Ave in Miami Beach’s North Beach neighborhood; Building is fully occupied, producing income; Positive cash flow reported by listing
More about this property
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