Riviera Terrace Apartments | 20 Units

  • $3,800,000
6890, Abbott Avenue, Atlantic Heights, Miami Beach, Miami-Dade County, Florida, 33141, United States of America

Riviera Terrace Apartments | 20 Units

6890, Abbott Avenue, Atlantic Heights, Miami Beach, Miami-Dade County, Florida, 33141, United States of America
  • $3,800,000

Overview

Property ID: 18562
  • Property Type
  • Retail Properties
  • 10000
  • sqft
  • 1957
  • Year Built

Description

Located in the North Beach neighborhood of Miami Beach, 6890 Abbott Avenue is a retail property currently available for lease. The property is a two storeys building consisting of 20 apartments. Strategically placed on a major road, this investment property offers a great view wherever you look. There is enough area left all around the building, giving tenants ample space. The property is spread across a considerable area of 0.28 acres. Individual units are available for sale. The nearby neighborhoods from this location include North Beach, South Beach, Ocean Front, and Biscayne Point.

 

This investment property is suitable for a 1031 exchange. 

 

Property Details – 

  • Property Type – Retail Property
  • Property Status – Available
  • Location – 6890 Abbott Ave, Miami Beach, FL 33141, USA
  • Number of units – 20
  • Year of Construction – 1957
  • Lease Type – Net Lease
  • Lease Expiration – N/A
  • Property Size – 10000 sq.ft.
  • Total complex area – 0.28 acres
  • 10 Apartments/Storey

Details

Updated on April 14, 2020 at 9:22 am
  • Price: $3,800,000
  • Property Size: 10000 sqft
  • Year Built: 1957
  • Property Type: Retail Properties
  • Property Status: Available
  • Cap Rate: 4.18%
  • Lease Expiration: N/A
  • NOI: $158,704
  • Tenant: Abbott Ave
  • Address 6890, Abbott Avenue, Atlantic Heights, Miami Beach, Miami-Dade County, Florida, 33141, United States of America
  • City Miami Beach
  • State/county Miami-Dade County
  • Zip/Postal Code 33141

Features

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Ronnie Issenberg
  • Ronnie Issenberg

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Ronnie Issenberg
  • Ronnie Issenberg