Multi-Family
19,155
SQUARE FEET
Quadruplex
Type
1963
Built
Listing courtesy of
Stay Plus LLC
Santiago Rodriguez
MLS® #A12019182
Listing information last updated May 19, 2026
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Overview
This quadruplex in Miami Beach offers 19,155 square feet, and is listed for sale at $8,499,000 (about $444 per square foot). Built in 1963.
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 optionality. This is the kind of asset North Beach simply doesn’t offer twice.
Listing history
Listed for sale
May 15, 2026 · MIAMI MLS
$8,499,000
Days on market
as of today
67 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
Annual property tax (2025)
$809,106
Association type
None
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A12019182
Price$8,499,000
Size19,155 Square Feet
Year built1963
TypeQuadruplex
StatusFor Sale
Price / Square Feet$444
Features & amenities
Has Cooling System
Has Heating System
Stairs
Location
7830 Abbott Ave, Miami Beach FL 33141
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Property tax (est.)—
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 67 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.