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7830 Abbott Ave # 25, Miami Beach FL 33141

Commercial For Sale
$8,499,000

BTC: 130.75384615

ETH: 4,721.66666667

12 days
0 room(s)

Overview

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.

Location

Florida • Miami Beach • 33141 • Commercial • For Sale

Details

Type:
Commercial Sale
Parking:
Common / Free Parking / Garage
Year Built:
1963
Lot:
16950 Square Feet
Heating:
Other
Price/sqft:
No Data
Cooling:
Wall/Window Unit(s)
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,950,000
$907K – $7.7M
Confidence Low
List vs. estimate
$5.5M above estimate
List $8,499,000 · +188.1%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $340K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$80,916
Parking
11 spaces
All facts and features

  • Flooring

    • Ceramic Floor

    • Tile

    • Vinyl

    Heating

    • Other

    Cooling

    • Wall/Window Unit(s)

  • Parking

    • Common

    • Free Parking

    • Garage

    Lot

    • Lot: 16950 Square Feet

    Other Property Information

    • Parcel Number: 02-32-02-007-1180

    • Zoning: 3900

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Income/MultiFamily

  • Other financial information

    • Annual tax amount: $80,916

  • Source details

    • MLS ID: A12022628

    Other facts

    • Construction Materials: Concrete Block Construction / Brick

    • Lot Features: Corner Lot

    • Window Features: Clear Impact Glass

    • Water Source: Public

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
634
median $627K
Active
Same city
Miami Beach
2,576
median $650K
Active
Same type
Commercial
148
median $1.9M
Active
Similar price
$5.9M – $11.0M
112
median $8.0M
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: Stay Plus LLC