7830 Abbott Ave, Miami Beach FL 33141

Discover a rare Miami Beach investment opportunity at 7830 Abbott Ave, Miami Beach FL 33141, in the ALTOS DEL MAR NO 3 subdivision of Miami-Dade County. This fully operational 25-unit hospitality compound includes 12 apartment-sized hotel keys and 13 residences, producing more than $1 million in gross annual revenue. The property currently delivers a $436,287 NOI and a 5.13% cap rate.
Built in 1963, the 19,155 square foot Residential Income property is recorded as a Quadruplex and features three renovated two-story towers on a 16,950 square foot lot. Each unit offers designer finishes, quartz countertops, rainfall showers, smart entry systems, and full kitchens. Residents and guests enjoy a resort-style pool deck, fitness center, game room, kids’ lounge, and lush tropical grounds.
Located just three blocks from the Atlantic Ocean and one block from Collins Avenue, this North Beach property combines strong income potential with an enviable Miami lifestyle. Enjoy warm, sunny weather, beautiful beaches, waterfront dining, nightlife, cultural attractions, and convenient access to Miami Beach and the greater Miami area.
Additional property details include an electric cooling system, other heating, stairs, and an other architectural style. The investment offers four potential exit strategies: redevelop, rebrand, hold, or resell. With 50% LTV financing, projected annual cash flow after debt service of $113,970, a 10.79% levered IRR, a 2.57x equity multiple, and projected 10-year profit exceeding $7 million, this opportunity offers proven revenue and exceptional flexibility.
For details or to schedule a private conversation, call or message +1 786.468.4380 (Tel/WhatsApp).