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Active Hotel/Motel
$10,000,000 ↓ −$1,800,000 (15.3%)
6945 Abbott Ave, Miami Beach FL 33141, Miami Beach, FL 33141
0 Beds
Bedrooms
0 Baths
Bathrooms
— sqft
Living Area
1939
Year Built

About This Property

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 Details

Property Type Hotel/Motel
Days on Market 35 days
HOA Fee None
Parking — spaces
Pool No
Waterfront No
Community
Pets Allowed

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Biscayne Beach Elementary
Elementary 305-868-7727
PK-5
800 77 St., Miami Beach, FL 33141
Nautilus Middle
Middle 305-532-3481
6-8
4301 N Michigan Ave., Miami Beach, FL 33140
Miami Beach Senior High
High School 305-532-4515
9-12
2231 Prairie Ave., Miami Beach, FL 33139

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Comparable Sales

10 closed sales · 1-mile radius · last 12 months · Miami Beach

Est. Market Value
$24,269,075
Range: $17,500,000 – $30,000,000
Listed 58.8% below estimated market value — $14,269,075 under comps. Strong value.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
1350 W 29th St, Miami Beach FL 33140
AMD PLAT OF SUNSET LAKE S · 1934
$26,800,000
Feb 21, 2025
$34,500,000
$3,637/sf
10
9
7,369
-22.3%
1535 W 27th St, Miami Beach FL 33140
SUNSET ISLANDS - ISLAND N · 2009
$29,300,000
Jan 9, 2026
$34,500,000
$2,404/sf
9
10
12,190
-15.1%
5785 Pine Tree Dr, Miami Beach FL 33140
BEACH VIEW SUB · 2023
$17,500,000
Nov 3, 2025
$22,500,000
$1,597/sf
8
8
10,955
-22.2%
5681 Pine Tree Dr, Miami Beach FL 33140
BEACH VIEW SUB · 1935
$8,250,000
Oct 10, 2025
$8,999,000
$1,277/sf
8
8
6,458
-8.3%
6640 Allison Rd, Miami Beach FL 33141
INDIAN CREEK SUB,ALLISON ISLAND · 1992
$16,500,000
Jul 21, 2025
$18,500,000
$1,852/sf
8
9
8,911
-10.8%
88 La Gorce Cir, Miami Beach FL 33141
LA GORCE ISLAND · 2008
$74,250,000
Apr 24, 2025
$88,000,000
$4,658/sf
9
15
15,942
-15.6%
7825 Atlantic Way, Miami Beach FL 33141
ALTOS DEL MAR NO 1 · 2015
$23,500,000
Apr 23, 2025
$23,900,000
$3,637/sf
8
9
6,461
-1.7%
5060 N Bay Rd, Miami Beach FL 33140
LA GORCE GOLF SUB · 1935
$25,500,000
Feb 6, 2025
$25,500,000
$3,822/sf
8
9
6,672
+0%
18 La Gorce Cir, Miami Beach FL 33141
LA GORCE ISLAND · 1936
$122,125,121
Oct 25, 2024
$132,000,000
12
25
-7.5%
5718/5725 N Bay Rd, Miami Beach FL 33140
LA GORCE GOLF SUB · 2022
$30,000,000
Oct 18, 2024
$38,950,000
$2,724/sf
11
15
11,012
-23%
$26,150,000
Median Sale
$30,418,750
Trimmed Avg
$2,845/sf
Avg $/sqft
10 sales
Comps Found

Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.

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Dayron Crespo
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