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7830 Abbott Ave
Miami Beach, FL
Listing Details
- $8,499,000
- MLS# A12019182
- Type Multi Unit - Multiple
- Status Active
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... Read more
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Luxury Homes Specialist
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/28/2026. The listing information on this page last changed on 06/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 06/28/2026 12:00:37 AM EST) or Miami MLS (last updated Sat 06/27/2026 11:48:55 PM EST) or Stellar MLS (last updated Sat 06/27/2026 11:45:50 PM EST) or SPC MLS (last updated Sat 06/27/2026 11:21:03 PM EST) or Martin MLS (last updated Sat 06/27/2026 11:38:16 PM EST) or Indian River MLS (last updated Sat 06/27/2026 11:30:14 PM EST) or Northeast Florida MLS (last updated Sat 06/27/2026 11:58:54 PM EST) or Beaches MLS (last updated Sat 06/27/2026 11:50:30 PM EST) or Naples MLS (last updated Sat 06/27/2026 11:40:20 PM EST) or PBI MLS (last updated Sat 06/27/2026 11:21:19 PM EST) or Florida Keys MLS (last updated Sat 06/27/2026 8:30:16 PM EST). Real estate listings held by brokerage firms other than Illustrated Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/28/2026. The listing information on this page last changed on 06/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 06/28/2026 12:00:37 AM EST) or Miami MLS (last updated Sat 06/27/2026 11:48:55 PM EST) or Stellar MLS (last updated Sat 06/27/2026 11:45:50 PM EST) or SPC MLS (last updated Sat 06/27/2026 11:21:03 PM EST) or Martin MLS (last updated Sat 06/27/2026 11:38:16 PM EST) or Indian River MLS (last updated Sat 06/27/2026 11:30:14 PM EST) or Northeast Florida MLS (last updated Sat 06/27/2026 11:58:54 PM EST) or Beaches MLS (last updated Sat 06/27/2026 11:50:30 PM EST) or Naples MLS (last updated Sat 06/27/2026 11:40:20 PM EST) or PBI MLS (last updated Sat 06/27/2026 11:21:19 PM EST) or Florida Keys MLS (last updated Sat 06/27/2026 8:30:16 PM EST). Real estate listings held by brokerage firms other than Illustrated Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
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All Property Features
- Property Type: Multi Unit - Multiple
- Cooling: Electric
- Crops Included Y/N: No
- Days on Site: 40
- Exterior: Concrete Block Construction, Brick
- Flooring: Tile, Vinyl
- Heating: Other
- Home Warranty Y/N: No
- Interior Features: Stairs
- Lease Considered Y/N: No
- Listing Terms: All Cash, Conventional
- Lot Description: 1/4 To Less Than 1/2 Acre Lot
- Parcel#: 02-32-02-007-1180
- Pool: Above Ground
- Property Attached Y/N: No
- Property Sub-Type: Quadruplex
- Roof Type: Concrete, Flat Tile
- Sewer: Public Sewer
- Stories: 2.0
- Taxes: $809,106
- Units: 25
- Water: Municipal Water
- Window: Clear Impact Glass
- Year Built: 1963