7830 Abbott Ave, Miami Beach, FL 33141

Miami Beach
Local realty services provided by:Better Homes and Gardens Real Estate Florida 1st
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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1963
  • Subdivision & Development:ALTOS DEL MAR NO 3
  • Listing ID #:A12019182
  • Updated:November 06, 2026 at 11:06 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.

New listings near 7830 Abbott Ave