Property 7830 Abbott Avenue 25, Miami Beach, FL 33141 for sale with MLS# A12022628

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. 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. 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.

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Days on the market

7830 Abbott Avenue 25, Miami Beach, FL 33141

Price
Price:
$7,999,990.00
Original List Price:
$8,499,000.00
List Price per Sq Ft (Calculated, Approx.):
$417.64
Lease Details
Tenant Pays:
Electricity, Interior Electric
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Commercial Sale
Property Type:
Multi Family
Description of Last Important Update:
Price Reduced
Last Major Update on:
August 21, 2026 7:52 pm
Measures
Built-Up Area:
19,155 Sqft
Lot Size Acres:
0.39
Property Features
Security:
Smoke Detector(s), Fire Alarm, Security Fence
Air Conditioning
Air Conditioning System:
Wall/window Unit(s)
Heating
Heating System:
Other
Building:
Fitness Center
Construction
Year Built:
1963
Roof:
Concrete
Number of Buildings:
3
Number of Units Total:
3
Construction Materials:
Block, Brick
Flooring:
Tile, Vinyl, Ceramic Tile
Number of stories:
2
Structure Type:
Hotel/motel
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$80,916.00
Parking
Parking Total Spaces:
11
Parking Features:
Common, Ground Level, Free
Utilities
Utilities Available:
Sewer Available
Water Source:
Public
Community
Senior Community:
No
Terms
Documents Available:
Aerial Photo(s), Financial Statement, Other Available Information, Investment Analysis
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
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)
Real Estate Folio Number (Parcel Number):
0232020071180
Zoning:
3900
Listing History
Active on the market since:
May 18, 2026
Listing Agreement executed on:
May 18, 2026
Price change occurred on:
August 21, 2026 7:52 pm
Listing Status Last Changed On:
May 18, 2026 4:00 am
Photos updated on:
August 21, 2026 6:55 pm
Last Modified:
August 21, 2026 6:56 pm
Additional Information
Courtesy of:
Stay Plus LLC
Attribution:
Not provided
Location
Street Name:
Abbott
Street Number:
7830
Unit Number:
25
City:
Miami Beach
State:
Florida
Zip Code:
33141
County:
Miami-Dade
Latitude:
N25° 51' 49.2''
Longitude:
W81° 52' 36.2''
Street Suffix:
Avenue
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $64,457
Median Home Value $434,500
Median Rent $1,739/mo
Median Age 45
Population 36,016

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 Good
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Association of REALTORS®
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