7830 Abbott Ave, Miami Beach, FL 33141

Miami Beach
Local realty services provided by:First Service Realty ERA Powered
7830 Abbott Ave,Miami Beach, FL 33141
$7,499,999
Virtual Tour
  • - Beds
  • - Baths
  • 19,155 sq. ft.
  • Multi-family
  • Active
Listed by: santiago rodriguez
Office: stay plus llc.786-873-3696
MLS#:A12019182
Source:SEFMLS

Price summary

  • Price:$7,499,999
  • Price per sq. ft.:$391.54

About this home

A fully operational 25-unit hospitality compound, 12 hotel keys (apartment size) + 13 residences, generating $1.1M+ in gross annual revenue with a 6.4% cap rate and $483,615 current NOI. Three renovated two-story towers on a 16,950 SF lot, three blocks from the Atlantic Ocean and one block from Collins Ave. Every unit is designer-finished with quartz countertops, rainfall showers, smart entry, and full kitchens. Amenities include a resort-style pool deck, fitness center, game room, kids' lounge, and tropical grounds, rare for North Beach at this price point. Four exit strategies: redevelop, rebrand, hold, or resell, with no capital restructuring required. Miami Beach's stringent STR licensing creates a structural moat that new entrants cannot easily replicate. Prime location. Proven revenue. Real optionality. This is the kind of asset North Beach simply doesn't offer twice. The owner is willing to continue operating the property for up to six months for a management fee of 10% of...

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Home facts

  • Year built:1963
  • Subdivision & Development:ALTOS DEL MAR NO 3
  • Listing ID #:A12019182
  • Updated:October 09, 2026 at 10:04 AM

Rooms and interior

  • Flooring:Tile, Vinyl
  • Living area:19,155 sq. ft.

Heating and cooling

  • Cooling:Electric

Structure and exterior

  • Roof:Concrete, Flat, Tile
  • Year built:1963
  • Building area:19,155 sq. ft.
  • Lot Features:Flood Zone
  • Architectural Style:Fourplex
  • Construction Materials:Block, Brick
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$7,499,999
  • Price per sq. ft.:$391.54
  • Tax amount:$809,106 (2025)

Features and amenities

  • Amenities:Impact Glass Windows
  • Pool features:Above Ground, Pool

Parking

  • Total parking spaces:11
Information deemed reliable but not guaranteed. Information is provided, in part, by Greater Miami MLS. This information being provided is for consumer's personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing.

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