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6945 Abbott Ave, Miami Beach FL 33141

Commercial For Sale
$10,000,000

BTC: 170.94017094

ETH: 6,270.81125485

-$2M (2026/06/12)
78 days
0 room(s)

Overview

Prime development opportunity in the heart of North Beach, Miami Beach. This 6,250 SF lot offers exceptional potential for a boutique hotel or mixed-use hospitality project in one of the city’s fastest-growing areas. Currently operating with 11 licensed hotel rooms, the property presents immediate income with significant upside through redevelopment. Proposed plans envision a 6-story, approximately 21,800 SF project with up to 48 hotel keys, rooftop amenities, and ground-floor retail or hospitality space. Ideally located just two blocks from the beach, within walking distance to Collins Avenue, dining, and entertainment. Rare opportunity to develop a design-forward hospitality asset in a high-demand tourism market with strong long-term growth.

Location

Florida • Miami Beach • 33141 • Commercial • For Sale

Details

Type:
Commercial Land
Parking:
No Data
Year Built:
No Data
Lot:
0.14 Acres
Heating:
No Data
Price/sqft:
No Data
Cooling:
No Data
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$1,125,000
$549K – $5.0M
Confidence Low
List vs. estimate
$8.9M above estimate
List $10,000,000 · +788.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
7 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $490K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$43,090
2025
All facts and features

  • Lot

    • Lot: 0.14 Acres

    Other Property Information

    • Parcel Number: 02-32-11-001-0290

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Land

  • Utility

    • Electricity Connected

    • Sewer Connected

    • Water Connected

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $43,090

  • Source details

    • MLS ID: A11992748

    Other facts

    • Lot Features: Beach Area / Central Business District / Urban Area Development / 1-2.5 Acres

    • Water Source: Municipal Water

    • Lot Size Dimensions: 50x123

    • Subdivision Name: ATLANTIC HEIGHTS

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33141
259
median $574K
Active
Same city
Miami Beach
1,059
median $665K
Active
Same type
Commercial
54
median $2.8M
Active
Similar price
$7.0M – $13.0M
27
median $8.8M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Beachfront Realty Inc