7830 Abbott Ave, Miami Beach, FL 33141
As of , this home is for sale at $7,499,999. It was listed on .
MLS data updated .
Key facts
- Type
- Home
- Year built
- 1963
- Property tax
- $809,106 (2025)
- Waterfront
- No
- Cooling
- Electric
- Heating
- Other, Separate Meters
- MLS number
- A12019182
Listing information
Listing courtesy of Stay Plus LLC, 786-250-1810, sales@stayplusmia.com
Listing agent: Santiago Rodriguez, santiago@stayplusmia.com
BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.
MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.
Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.
Listing last changed .
From the listing
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 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.
The text above is the listing description from the MLS, as written by the listing agent.
The Miami Beach market
As of , the median asking price in Miami Beach is $649,000, or $684 per sq ft, across 1,949 listings for sale. The median listing for sale there has been on the market for 112 days.
Price and status history
- Listing date
- Days on market
- 158
- Original list price
- $8,499,000
- Price changes
- 1
| Date | Event | Price |
|---|---|---|
| Price changed | $8,499,000 → $7,499,999 | |
| Listed | $8,499,000 |
From the MLS. RealVista does not show sold prices.
