Upgraded Apartment Building with 20
8035 ABBOTT AV Miami Beach, FL 33141
8035 ABBOTT AV, Miami Beach, FL, 33141
$7,130,000
For Sale
$7,130,000
Anam Cara Lofts is a 20-unit apartment building renovated in 2022, including electrical, plumbing, fire systems, and landscaping.
Property Size13,410 SF
Price / SF$531.69
Days on Market369
Property Features for 8035 ABBOTT AV
General Information
- Standard status
- Active
- Size
- 13,410 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1945
Listing agency
Beachfront Realty Inc
(786) 287-3633
Listed by
Marilina Apfelbaum · License #0662372
(786) 287-3633
Source
Xome
Added: Jul 20, 2025 Updated: Jul 23 at 3:47AM Checked: Jul 23 at 3:47AM
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 Beachfront Realty Inc
Investment Insights
Based on property information with market context.
Anam Cara Lofts is a for-sale apartment building offering 20 upgraded units within approximately 6,705 square feet of building area. The property underwent a comprehensive revitalization in 2022, with work completed to the electrical, plumbing, fire system, and landscaping. Units feature stainless steel appliances and upgraded window treatments.
The building is located at 8035 Abbott Ave in Miami Beach, Florida 33141.
For buyers seeking a multifamily asset with recent interior and systems updates, Anam Cara Lofts presents a defined 20-unit configuration with modernization completed in 2022.
The building is located at 8035 Abbott Ave in Miami Beach, Florida 33141.
For buyers seeking a multifamily asset with recent interior and systems updates, Anam Cara Lofts presents a defined 20-unit configuration with modernization completed in 2022.
Key Highlights
- Anam Cara Lofts: 20‑unit apartment building renovated in 2022
- 2022 upgrades include electrical, plumbing, fire system, and landscaping
- Building size: 6,705 SF
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $392.6k | $29.28 |
| − Vacancy | −$17.7k | −$1.32 |
| EGI | $375.0k | $27.96 |
| − OpEx | −$168.7k | −$12.58 |
| NOI | $206.2k | $15.38 |
13,410 SF · lease $29.28/SF/yr · vacancy 4.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$2.95M
$2.58M – $3.44M
NOI $206,237 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.80M
$5.95M – $7.94M
NOI $476,242 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Anam Cara Lofts is a 20-unit apartment building renovated in 2022, including electrical, plumbing, fire systems, and landscaping.
Where is this apartment building located?
The property is located at 8035 ABBOTT AV Miami Beach, FL.
What is the asking price?
The asking price for this property is $7,130,000.
What are key features of this property?
This property features: Anam Cara Lofts: 20‑unit apartment building renovated in 2022; 2022 upgrades include electrical, plumbing, fire system, and landscaping; Building size: 6,705 SF
