CENTURY 21 Edge
Hotel/Motel

Commercial Sale · Hotel/Motel

$10,000,000$11,800,0005,900 sq ft$1,695 /sq ft

6945 Abbott Ave, Miami Beach FL 33141, MIAMI BEACH, FL, 33141

Active121 days on marketListed Apr 13, 2026MLS #A12000184

About this property

The property at a glance

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.

5,900

Building sq ft

$1,695

Price / sq ft

6,150

Lot sq ft

1939

Year built

3900

Zoning

Hotel/Motel

Property type

Building size5,900 sq ft
Lot size6,150 sq ft
Year built1939
Zoning3900
Business typeHotel/Motel

The numbers

Investment snapshot

Income and lease details aren’t published in the MLS for this listing. Ask for the offering memorandum and rent roll to run cap rate, NOI and cash-on-cash.

Estimated payment (illustrative)

Down payment25% · $2,500,000
Interest rate6.00%
Loan term

Estimated payment

$54,293/mo

Principal & interest$44,966
Est. property taxes$9,167
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask Krystina to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

21,500vehicles / day · 202571 St to Beg 87060001/Sr A1a · Traffic count · Florida DOT

What’s nearby

M Boutique HotelLodging0 mi
King's LiquorsRetail0.1 mi
Chivito TecaRestaurant0.1 mi
Banchero MiamiRestaurant0.1 mi
The Wrapper MiamiRestaurant0.1 mi
Costa Norte Boutique HotelLodging0.1 mi
Iron SushiRestaurant0.1 mi
Buenos Aires Bakery & CafeRestaurant0.1 mi
Locura MarinaRestaurant0.1 mi
On The RocksRestaurant0.1 mi
Fifi Beach ClubRestaurant0.1 mi
Publix Liquor StoreRetail0.1 mi
City National BankBank0.1 mi
Little BrazilRestaurant0.1 mi
7-Six The Vacation Supply CoRetail0.1 mi
Cachito Coffee & BakeryRestaurant0.1 mi
El Rancho GrandeRestaurant0.1 mi
Beach Life Of MiamiRetail0.1 mi
Kuromon SushiRestaurant0.1 mi
AT&TRetail0.1 mi
Ceviches PeruRestaurant0.1 mi
George's Restaurant & LoungeRestaurant0.1 mi
Vincenzos NY PizzaRestaurant0.1 mi
Crystal Beach Suites HotelLodging0.1 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

13,497

Population

$32,213

Median income

46

Median age

2

Avg household

$316,046

Median home value

$1,748/mo

Median rent

1,027

Households w/ kids

Consumer profile

Party LifeTop 13%

The party don't stop until the sun comes up. Loud music, crowds, and shots are a recipe for a great night out for these people.

Wealth SignalingTop 19%

Interested in the finer things life has to offer, this population wants to display their lifestyle by discussing luxury products. Often references jewelry, cars, and home features.

Mindfulness & SpiritualityTop 20%

Seeking peace and well-being through meditation, gratitude and spirituality.

NetworkingTop 23%

Driven to succeed in the business world, this population seeks to progress in their career through networking happy hours, summits, and connecting with other professionals online.

Yoga AdvocatesTop 27%

Improving flexibility, strength, and overall well-being is the yogi's aim. This population is looking for the right community, instruction, and accessories.

Pieces of HistoryTop 34%

You can find these people researching an upcoming exhibit at the natural history museum or learning about a famous monument. This population enjoys learning about the past.

Recent sales

What actually sold near 6945 Abbott Ave

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

841 W 40th St, Miami Beach FL 33140

$1,855,000

841 W 40th St, Miami Beach FL 33140

Sold Nov 21, 2025

6856 Abbott Ave, Miami Beach FL 33141

$875,000

6856 Abbott Ave, Miami Beach FL 33141

Sold Sep 19, 2025

13499 Biscayne Blvd, North Miami FL 33181

$2,200

13499 Biscayne Blvd, North Miami FL 33181

Sold Jul 15, 2025

Your team

The pros in your corner

Krystina Allen

Your agent

Krystina Allen

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 6945 Abbott Ave — start here.

Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 6945 Abbott Ave.

See it in person

Schedule a tour

Live availability from Krystina's calendar — pick a time and it's booked.

Listing courtesy of Beachfront Realty Inc · Marilina Apfelbaum. MLS #A12000184.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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