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6890 Abbott Avenue

6890 Abbott Avenue, Miami Beach, FL 33141
Commercial in Atlantic Heights
Sold Jul 12, 2022
$4,950,000
$2,880,000 by Axos Bank
Mortgage
Sold Nov 24, 2020
$3,300,000
$1,550,000 by Professional Bank
Mortgage
Local assessors in Miami Beach, FL have categorized 6890 Abbott Avenue as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 12,300 square feet. The linear feet between the front and back of the lot was measured at 1,230 ft and the front of the lot was measured at 1,000 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 20 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 20 full bathrooms. There are also 20 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 6890 Abbott Avenue has a total of 16,268 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a roof that is made of tile. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. The property was last sold in Jun 30, 2022 for $4,950,000. That's $304.28 per sqft. Prior to that sales transaction, the property was also sold in Nov 16, 2020 for $3,300,000. 6890 Abbott Avenue was last assessed in 2023. The total value of the property was assessed at $3,900,000. Specifically, the land the property is located on was valued at $1,599,000. While improvements on the property were assessed at a total of $2,301,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $73,697. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 2
  • Bedroom Count: 20
  • Bathroom Count: 20
  • Full Bathrooms: 20
  • Partial Bathrooms: 20
  • Building Quality: A
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Composition
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 10
  • Business/Commerical Units Count: 7
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,300
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 16,268
  • Gross Building Area: 16,268
  • Building Area: 16,268
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 16,268
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ATLANTIC HGTS
  • Land Acres: 0.282
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 11 53 42 ATLANTIC HGTS PB 9-14 LOT 11 & 12 BLK G LOT SIZE 100.000 X 123 OR 19949-0002 1001 4 COC 22225-3040 04 2004 4

Ownership

  • Current Owner : M & M ASSET MANAGEMENT LLC
  • Previous Owner : 6890 ABBOTT AVE INC
  • Owner Before Previous Owner: RIVIERA TERRACE APTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003914

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 172
  • District: 02
  • Parcel: 02-3211-001-0580
  • Block: G
  • Lot: 11,12
  • Meridian: SEC 11 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.854
  • Longitude: -80.1225

    Address

  • Full Address: 6890 Abbott Ave
  • Address - House Number: 6890
  • Address - Street Name: Abbott
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C013
  • 4-Digit Zip Code: 3876
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 13,088
  • Tax Year: 2023
  • Tax Amount: $73,697
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 4,646,322
  • High Value: 6,682,641
  • Low Value: 2,610,002

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $3,095,000
  • First Open Lien Mortgage Lender: AXOS BANK
  • First Open Lien Mortgage Recording Date: Jul 12, 2022
  • First Open Lien Mortgage Loan Amount: $2,880,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: 6890 ABBOTT AVENUE INC
  • Second Open Lien Mortgage Recording Date: Jul 12, 2022
  • Second Open Lien Mortgage Loan Amount: $215,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $3,900,000
  • Market Land Value: $1,599,000
  • Market Improvement Value: $2,301,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,900,000
  • Assessed Land Value: $1,599,000
  • Assessed Improvements Value: $2,301,000

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 12, 2022
  • Current Sale Transaction ID: 11892634431
  • Current Sale Price: $4,950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 556797
  • Previous Sale Recording Date: Nov 24, 2020
  • Previous Sale Contract Date: Nov 16, 2020
  • Previous Sale Amount: $3,300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AXOS BANK
  • First Mortgage Transaction Date: Jul 12, 2022
  • First Mortgage Loan Amount: $2,880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Lender: 6890 ABBOTT AVENUE INC
  • Second Mortgage Transaction Date: Jul 12, 2022
  • Second Mortgage Loan Amount: $215,000

    Previous Mortgages

  • Previous Mortgage Lender: PROFESSIONAL BANK
  • Previous Mortgage Transaction Date: Nov 24, 2020
  • Previous Mortgage Loan Amount: $1,550,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About North Shore



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Nearby Rentals

Unit for rent at

$2,000 /mo

  • 1 Bed
  • 1 Bath
  • 767 ft²
Listing by Luis Herrera
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$2,150 /mo

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  • 1 Bath
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$2,200 /mo

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  • 1 Bath
  • 546 ft²
Listing by Lorenzo Lynch
Unit for rent at

$2,100 /mo

  • 1 Bed
  • 1 Bath
  • 940 ft²
Listing by Bruce Jordan
Unit for rent at

$2,200 /mo

  • 1 Bed
  • 1.5 Baths
  • 672 ft²
Listing by Charles Morganstern
Unit for rent at

$2,250 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
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Frequently Asked Questions

What neighborhood is 6890 Abbott Avenue located in?
The 6890 Abbott Avenue is a commercial located in the neighborhood of Atlantic Heights in North Shore, Miami Beach.
What is the average sales price for listings in 6890 Abbott Avenue?
The average sales price for units in 6890 Abbott Avenue is $0 currently.

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