69th & Abbott Apartments is a 28-unit apartment portfolio that is made up of three, two-story buildings on the corner of 69th Street and Abbott Avenue in the North Beach area of Miami Beach. The properties have been extensively renovated by the current ownership over the last few years. The property has three folios and sit on a .56-acre site. The buildings have a very attractive unit mix of four studios, 16 one-bed/one bath units, six two-bed/one-bath units and two three-bed/two-bath units. The buildings were constructed between 1948 and 1954 of concrete block construction. Water, sewer and trash removal are included in the rent.

The property has gone through a tremendous renovation both inside and out. The units have received varying renovations ranging from full gut renovations to units which were in better shape receiving minor upgrades. Most units have new impact windows and doors, new kitchens and bathrooms, appliances, air-conditioners, flooring and lighting and plumbing fixtures and receptacles. The exterior of the property received new landscaping and custom secured fencing, custom railing and sealcoating and painting.

The North Beach market is in the process of revitalization and growth with the implementation of the Town Center District which spans from 69th Street, north to 72nd Street and from Collins Avenue to the Indian Creek Waterway. The district has a high-density zoning with increased height restrictions which vary depending on the zone. There are a number of projects in various stages of development with several projects already being developed. There are several other projects in the area that are underway including updating the North Beach Oceanside Park and Ocean Terrace Park.