6945 Abbott Ave, Miami Beach, FL 33141 — MLS photo

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6945 Abbott Ave, Miami Beach, FL 33141

Active · HotelMotel

$10,000,000

6945 Abbott Ave, Miami Beach, FL 33141

Beds
—
Baths
0
Living area
— sq ft
$ / sq ft
—
Year built
1939
Lot size
6,150 sq ft
HOA fee
—
Annual tax
—

About this property

PLEASE SEE OM FOR MORE DETAILS!!! Once-in-a-cycle opportunity to own a turnkey boutique hotel with a fully designed redevelopment play in the heart of North Beach, Miami Beach — just two blocks from the sand. Currently operating as an 11-key licensed hotel generating income from day one, this trophy asset comes with stunning architectural plans for a showstopping 6-story, ±48-key boutique hotel spanning ±21,800 SF on a ±6,250 SF lot. Picture sculptural curved balconies wrapped in a custom perforated metal façade, a dramatic glass-walled lobby spilling into a lush tropical courtyard, ground-floor retail/café frontage, and a resort-style rooftop oasis with infinity pool, sunset lounge, and open-air fitness deck overlooking Miami Beach. This is design-forward hospitality at its finest — purpose-built for premium ADRs and an iconic brand identity. Walk to North Beach Oceanside Park, Miami Beach Bandshell, and the Collins Avenue corridor; minutes to Bal Harbour Shops, Surfside, Mid-Beach, South Beach, the Convention Center, Downtown Miami, and MIA. North Beach is Miami's hottest emerging hospitality submarket, with limited boutique supply and surging demand. Whether you hold, brand, flag, or flip post-stabilization — the upside is extraordinary. Hospitality opportunities of this caliber rarely come to market. Buyer to verify all measurements, zoning, and entitlements.

Property location

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6945 Abbott Ave, Miami Beach, FL 33141

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Facts & features

Interior

Bathrooms
0

Exterior & Structure

Property type
HotelMotel
Year built
1939
Lot size
6,150 sq ft

Parking

Not provided in the MLS listing.

HOA, Community & Financials

County
Miami-Dade
MLS listing ID
A12000184
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$19,572

Cap rate
3.3%
Net yield
3.3%
Cash-on-cash return
-8.4%
Gross yield
6.6%
Mortgage payment
$47,405/mo
Down payment
$2,500,000
Loan amount
$7,500,000
Annual NOI
$334,000

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.