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7830 Abbott Ave, Unit 25
Miami Beach, FL
Listing Details
- $8,499,000
- MLS# A12022628
- Type Commercial - Business
- 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 07/04/2026. The listing information on this page last changed on 07/04/2026. 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 Sat 07/04/2026 6:31:44 AM EST) or Miami MLS (last updated Sat 07/04/2026 12:28:49 AM EST) or Stellar MLS (last updated Sat 07/04/2026 1:58:51 AM EST) or SPC MLS (last updated Sat 07/04/2026 6:21:09 AM EST) or Martin MLS (last updated Fri 07/03/2026 11:38:10 PM EST) or Indian River MLS (last updated Fri 07/03/2026 11:30:10 PM EST) or Northeast Florida MLS (last updated Sat 07/04/2026 12:18:50 AM EST) or Beaches MLS (last updated Sat 07/04/2026 2:40:55 AM EST) or Naples MLS (last updated Fri 07/03/2026 11:40:18 PM EST) or PBI MLS (last updated Fri 07/03/2026 11:21:23 PM EST) or Florida Keys MLS (last updated Sat 07/04/2026 12:28:31 AM 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.
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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 07/04/2026. The listing information on this page last changed on 07/04/2026. 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 Sat 07/04/2026 6:31:44 AM EST) or Miami MLS (last updated Sat 07/04/2026 12:28:49 AM EST) or Stellar MLS (last updated Sat 07/04/2026 1:58:51 AM EST) or SPC MLS (last updated Sat 07/04/2026 6:21:09 AM EST) or Martin MLS (last updated Fri 07/03/2026 11:38:10 PM EST) or Indian River MLS (last updated Fri 07/03/2026 11:30:10 PM EST) or Northeast Florida MLS (last updated Sat 07/04/2026 12:18:50 AM EST) or Beaches MLS (last updated Sat 07/04/2026 2:40:55 AM EST) or Naples MLS (last updated Fri 07/03/2026 11:40:18 PM EST) or PBI MLS (last updated Fri 07/03/2026 11:21:23 PM EST) or Florida Keys MLS (last updated Sat 07/04/2026 12:28:31 AM 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: Commercial - Business
- Building Features: Exercise Room
- Cooling: Wall/Window Unit(s)
- Crops Included Y/N: No
- Days on Site: 45
- Exterior: Concrete Block Construction, Brick
- Fenced: Yes
- Flooring: Ceramic Floor, Tile, Vinyl
- Heating: Other
- Home Warranty Y/N: No
- Lease Considered Y/N: Yes
- Listing Terms: All Cash, Conventional/Refinance
- Lot Description: Corner Lot
- Lot Size: 0.39 Acres
- Parcel#: 02-32-02-007-1180
- Parking: Common, Free Parking, Garage
- Parking Notes: Common, Free Parking, Garage
- Property Attached Y/N: No
- Property Sub-Type: Income/MultiFamily
- Roof Type: Concrete
- Security: Smoke Alarm, Smoke Detector(s), Security Fence
- Sewer: Other
- Stories: 2.0
- Taxes: $80,916
- Water: Public
- Window: Clear Impact Glass
- Year Built: 1963