7830 Abbott Avenue, Miami Beach, FL 33141 (MLS# A12019182)

7830 Abbott Avenue, Miami Beach, FL 33141

$8,499,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12019182

Property Type: Residential Income Square Footage: 19,155 Status: Active

Current Price: $8,499,000 List Date: 5/15/2026 Last Modified: 6/04/2026

Overview

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% levered IRR, 2.57x equity multiple, and $7M+ in profit over a 10-year hold. 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 ... (Read more)

Listing Details MLS# A12019182

General Property Information

Number Of Units Total: 3
Property Sub Type: Quadruplex
Building Area Main: 19155
Living Area Main: 19155
Adjusted Area Main: 19155
Year Built: 1963
Parking Total: 11
Stories Total: 2
Pool Private YN: Yes

Property Features

Documents Available: Financial Statement; Investment Analysis; Other Available Information Electric: Circuit Breakers Flooring: Tile; Vinyl Property Condition: Resale; Updated/Remodeled Structure Type: Multi Family Construction Materials: Block; Brick Heating: Separate Meters; Other Listing Terms: Cash; Conventional Pool Features: Above Ground Possession: Close Of Escrow; Negotiable Roof: Concrete; Flat; Tile Sewer: Public Sewer Tax Information: City/County Utilities: Cable Not Available Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent Unit 1 Appliances: Microwave; Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen Unit 2 Appliances: Disposal; Microwave; Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 3 Appliances: Microwave; Range; Refrigerator Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Open Parking Acreage Description: 1/4 To Less Than 1/2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 8499000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 7830
Street Name: Abbott
Street Suffix: Avenue
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33141
Postal Code +4: 2092
Postal Zip: 33141
Subdivision Name: ALTOS DEL MAR NO 3
Area: 2320
Elementary School: Biscayne Beach
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0232020071180
Subdivision Number: 7
Zoning: 3900
Flood Zone: AE

Financial Information

Tax Annual Amount: 809106
Tax Year: 2025
Tax Legal Description: ALTOS DEL MAR NO 3 PB 8-41 LOT 10 BLK 16 LOT SIZE 50.000 X 113 OR 17257-2417 0696 5 (2)

Status Change Information

Major Change Timestamp: 2026-05-15T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-05-18

More Information

Meter Information

Separate Electric Meters YN: Yes

Income and Expenses

Gross Income: 91000

Unit 1 Details

Actual Rent: 3640
Baths Full: Yes
Efficiency YN: Yes
Furnished: Furnished
SqFt: 500

Unit 1 Lease Description

Lease Term: Month To Month

Unit 2 Details

Actual Rent: 29120
Baths Full: 8
Efficiency YN: No
Furnished: Furnished
SqFt: 750

Unit 2 Lease Description

Lease Term: Month To Month

Unit 3 Details

Actual Rent: 58240
Baths Full: 16
Efficiency YN: No
Furnished: Furnished
SqFt: 620

Unit 3 Lease Description

Lease Term: Month To Month

Section Details

Parcel Number MLX: 1180

Originating Details

Originating System Key: 475856202
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Electric

Circuit Breakers: Yes

Flooring

Tile: Yes
Vinyl: Yes

Property Condition

Resale: Yes
Updated/Remodeled: Yes

Documents Available

Financial Statement: Yes
Investment Analysis: Yes
Other Available Information: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Not Available: Yes

Heating

Separate Meters: Yes
Other: Yes

Construction Materials

Block: Yes
Brick: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Above Ground: Yes

Roof

Concrete: Yes
Flat: Yes
Tile: Yes

Water Source

Public: Yes

Cooling

Electric: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Tax Information

City/County: Yes

Unit 1 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 1 Rooms

Kitchen: Yes

Unit 2 Appliances

Disposal: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 3 Appliances

Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes
Smoke Detector(s): Yes

Unit 3 Parking Features

Open Parking: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes

Listing Office: Stay Plus LLC

Last Updated: June - 04 - 2026

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