Miami Neighborhoods
Beds
Price
Search
 


Multifamily Residential
$7,499,999
$8,499,000
12%
7830 Abbott Ave #25, Miami Beach, FL

A12022628

124 of 134 for Sale
Contact
an agent
  • Listed On:

    May 20, 2026
  • Days on Market:

    138
  • Year:

    1963
  • Taxes:

    $80,916 per year
  • Floor Description:

    Ceramic Floor, Tile, Vinyl
  • Occupancy:

  • Zoning:

  • Parking:

    Common, Free Parking, Garage

7830 Abbott Ave #25, Miami Beach, FL A fully operational 25-unit hospitality compound, 12 hotel keys (apartment size) + 13 residences, generating $1.1M+ in gross annual revenue with a 6% cap rate and $483,165 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.

Interested in this Listing?

Miami Residence will connect you with an agent in a short time.

Required

For Sale Details

  • Floor Description

    Ceramic Floor, Tile, Vinyl

  • Heating Description

    Other

  • Parking Description

    Common, Free Parking, Garage

  • Photo Count

    37

  • Property Type

    Commercial Sale

  • SqFt Total

    16950

  • Terms Considered

    All Cash, Conventional/Refinance

  • Year Built

    1963

Any questions about Multifamily Residential?
Contact our Miami Beach Real Estate Specialist today.

Need to sell your condo at Multifamily Residential?

We will sell it for you!
We are the leading Real Estate sales team in Miami, Florida. Our agressive marketing program and result-driven strategies will sell your Multifamily Residential condo fast.
Contact us for free professional market analysis and marketing plan customized for your property.
Call our office (305) 751-1000
0.160998106003