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7830 Abbott, Miami Beach, FL 33141

Miami Beach
Local realty services provided by:CENTURY 21 Move With Us
7830 Abbott,Miami Beach, FL 33141
$7,499,999
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  • - Beds
  • - Baths
  • 19,155 sq. ft.
  • Multi-family
  • Active
Listed by: santiago rodriguez
Office: stay plus llc.
MLS#:A12019182
Source:FL_RAMC

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
  • Added:57 day(s) ago
  • Updated:October 28, 2026 at 03:34 PM

Rooms and interior

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

Heating and cooling

  • Cooling:Electric

Structure and exterior

  • Roof:Flat Tile
  • Year built:1963
  • Building area:19,155 sq. ft.
  • Construction Materials:Block, Brick, Concrete
  • Levels:2 Stories

Utilities

  • Water:Public Water, Water Available, Water Connected
  • Sewer:Public Sewer, Sewer Available

Finances and disclosures

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

Features and amenities

  • Pool features:Above Ground

Parking

  • Total parking spaces:11
MLS LogoThe data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor<REGISTERED_LOGO> Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than CENTURY 21 Move With Us are marked with the IDX logo (Broker Reciprocity) or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

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