Do Real Estate on the Go!
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- Property Details
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Do Real Estate on the Go!
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$8,499,000
32 Beds
25 Baths
19,155sqft
7830 Abbott Ave, Miami Beach, FL 33141
$8,499,000
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Quadruplex
Built in 1963
$-- HOA
-- sqft lot
$444/sq.ft
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 service, a projected 10.79% lever...
Continue Reading- Houzeo last checked: 8 minutes ago
- Listing updated: June 6, 2026 at 12:41 am
- Listing Provided by: Santiago Rodriguez (786) 250-1810 DRE #3312335 | Stay Plus LLC (786) 250-1810
- Source: Miami MLS-FL | MLS#: A12019182
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1963
HOA Fees
-
Finished Area
19,155 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Miami MLS
MLS Number
A12019182
MLS Status
Active
Days on Market
56
Cumulative Days on Market
3
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
TREC: Info About Brokerage Services, Consumer Protection Notice.
§ 442‑H New York Standard Operating Procedure.
New York State Fair Housing Notice.
