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7830 Abbott Avenue 25, Miami Beach, FL 33141

$7,999,990

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https://www.propertypanorama.com/instaview/mia/A12022628

Property Type: Commercial Sale Square Footage: 19,155 Status: Active

Current Price: $7,999,990 List Date: 5/18/2026 Last Modified: 8/21/2026

Overview

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 ... (Read more)

Supplements: The owner is willing to continue operating the property for up to six months for a management fee of 10% of gross rental revenue, allowing the new owner time to learn the business and either transition to a new property manager or assume operations directly.

Listing Details MLS# A12022628

General Property Information

Number Of Buildings: 3
Property Sub Type: Multi Family
Number Of Units Total: 3
Occupant Type: Call Listing Agent
Building Area Main: 19155
Year Built: 1963
Parking Total: 11
Lot Size Area: 16950
Lot Size Acres: 0.39
Stories Total: 2

Property Features

Building Features: Fitness Center Documents Available: Aerial Photo(s); Financial Statement; Investment Analysis; Other Available Information Flooring: Ceramic Tile; Tile; Vinyl Heating: Other Location of Property: Corner Lot Parking Features: Common; Free; Ground Level Possession: Close Of Escrow; Negotiable Property Condition: Resale Sale Includes: Furniture; Machinery Tenant Pays: Electricity; Interior Electric Construction Materials: Block; Brick Cooling: Wall/Window Unit(s) Listing Terms: Cash; Conventional Roof: Concrete Security Features: Fire Alarm; Security Fence; Smoke Detector(s) Structure Type: Hotel/Motel Utilities: Sewer Available Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 8499000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 7830
Street Name: Abbott
Street Suffix: Avenue
Unit Number: 25
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33141
Postal Code +4: 2092
Area: 2320
Parcel Number: 0232020071180
Subdivision Number: 7
Zoning: 3900
Flood Zone: AE

Financial Information

Tax Annual Amount: 80916
Tax Legal Description: ALTOS DEL MAR NO 3 PB 8-41 LOT 10 BLK 16 LOT SIZE 50.000 X 113 OR 17257-2417 0696 5 (2)

Status Change Information

Major Change Timestamp: 2026-08-21T19:52:40Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-21T19:52:40Z
Status Change Date: 2026-05-20

More Information

Description of Unit Type 1

Unit Type: 1 Bedroom
Units Total: 16
Furnished: Yes
Annual Rent: 49713
Seasonal Rent: 565366

Description of Unit Type 2

Unit Type: 2 Bedroom
Units Total: 8
Furnished: Yes
Annual Rent: 34200
Seasonal Rent: 394276.68

Description of Unit Type 3

Unit Type: Efficiency
Units Total: Yes
Furnished: Yes
Annual Rent: 48371.88

Price Calculations

Current Price To SqFt: 417.64

Section Details

Parcel Number MLX: 1180

Originating Details

Originating System Key: 485592537
Originating System ID: M00000151

Listing Office: Stay Plus LLC

Last Updated: August - 21 - 2026

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7830 Abbott Avenue 25, Miami Beach, FL 33141 (MLS# A12022628)