Exceptional investment opportunity in Miami Beach’s North Shore neighborhood. Prime location just two blocks from the beach and close to parks, shopping, dining, and public transportation.
The property consists of two two-story buildings (8021 and 8031) with a total of 20 units: 8 one-bedroom/one-bath, 8 junior one-bedroom/one-bath, and 4 studios.
Recent improvements include new railings throughout.
Miami Beach continues to experience strong rental demand and limited multifamily supply, supporting long-term value growth.
Significant income upside available by aligning rents with current market levels.
An attractive multifamily asset for investors seeking both cash flow and appreciation, and a compelling opportunity to acquire a well-located property in one of Miami Beach’s most vibrant and rapidly improving neighborhoods.
DO NOT TRESPASS OR DISTURB RESIDENTS. SHOWINGS BY APPOINTMENT ONLY
8021 Abbott Ave, Miami Beach, FL, 33141
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan. Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable -rate mortgages [if applicable], are subject to change without prior notice.
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