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Listed price in listed location currency (USD).
$8,499,000

0011

MLS® A12022628

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage Yes
Taxes $80,916
Days Active 0
Lot Size 
Approx. Age 1963
MLS® Number A12022628

Property Address: 25-7830 Abbott Ave, Miami Beach, FL, 33141

Average square foot calculated using Size range provided by listing agent.

Description

A fully operational 25-unit hospitality compound, 12 hotel keys (apartment size) + 13 residences, generating $1M+ in gross annual revenue with a 5.13% cap rate and $436, 287 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. The numbers speak clearly: 50% LTV financing, $113, 970 annual cash flow after debt service, a projected 10.79% levered IRR, 2.57x equity multiple, and $7M+ in profit over a 10-year hold. 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.
MLS® NumberA12022628
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1963
Basement
DrivewayCommon, Free Parking, Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 20, 2026List Date
$8,499,000List Price
  • Commute

Commute

Starting Address
Destination Address
7830 Abbott Ave, Miami Beach, FL

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