6940 Abbott Avenue

6940 Abbott Avenue in Miami Beach, FL was first built in 1967 and is 57 years old. This has been categorized as a exempt property type. It is a single story home. 6940 Abbott Avenue has 1,894 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 2,000 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 25,000 square feet.

Learn more about the property and building on this page. The home has a steel frame or truss style roof made of tile. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of concrete block. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 6940 Abbott Avenue was last sold in Feb 14, 2023 for $5,500,000. According to our calculations, that's $2,903.91 per sqft. Current property owners are expected to pay $71,648 in taxes per year. The property on 6940 Abbott Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $3,456,427. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.