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+7 photosLuxury estate — 6945 Abbott Avenue · Atlantic Heights · Miami Beach












$10,000,000
6945 Abbott Avenue, Miami Beach, FL 33141
Miami Beach, FL, 33141
— bd · 0 ba · — sqft
Listed by Beachfront Realty Inc
6945 Abbott Avenue, Miami Beach, FL 33141
Listed by Beachfront Realty Inc
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Know your costs before you buy
Work through the cash needed at closing, including property taxes.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
About this home
Find similar homesPrime development opportunity in the heart of North Beach, Miami Beach. This 6,250 SF lot offers exceptional potential for a boutique hotel or mixed-use hospitality project in one of the city’s fastest-growing areas. Currently operating with 11 licensed hotel rooms, the property presents immediate income with significant upside through redevelopment. Proposed plans envision a 6-story, approximately 21,800 SF project with up to 48 hotel keys, rooftop amenities, and ground-floor retail or hospitality space. Ideally located just two blocks from the beach, within walking distance to Collins Avenue, dining, and entertainment. Rare opportunity to develop a design-forward hospitality asset in a high-demand tourism market with strong long-term growth.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 15%
The seller has come down from $11,800,000 to $10,000,000 — a $1,800,000 reduction since it came on the market.
212 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Property Details
Your costs (est.)
6945 Abbott Avenue, Miami Beach, FL 33141 · Miami Beach
Location
6945 Abbott Avenue, Miami Beach, FL 33141
What buyers ask about this home
What are the estimated monthly carrying costs at 6945 Abbott Avenue, Miami Beach, FL 33141?+
Property tax (after sale): $12,677/month est. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 6945 Abbott Avenue, Miami Beach, FL 33141?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 6945 Abbott Avenue, Miami Beach, FL 33141 need flood insurance, and what drives the premium?+
Most of Miami Beach sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should an inspection focus on for a home like 6945 Abbott Avenue, Miami Beach, FL 33141?+
In coastal South Florida, prioritize roof age and permit history, whether windows and doors are impact-rated, the seawall and dock condition on waterfront lots, drainage and elevation, plumbing type, and any open or expired permits with the city. These items, not cosmetics, drive both price and insurability.
Is there room to negotiate on 6945 Abbott Avenue, Miami Beach, FL 33141?+
This listing has been on the market 212 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Miami Beach. Beachside neighborhoods with local dining, Lincoln Road shopping and connections across the causeways to Miami.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Biscayne Beach Elementary School
Elementary · 0.5 mi from this home · 800 77Th St, Miami Beach
Miami Beach Nautilus Middle School
Middle school · 2.9 mi from this home · 4301 N Michigan Ave, Miami Beach
Miami Beach Senior High School
High school · 3.9 mi from this home · 2231 Prairie Ave, Miami Beach
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Archdiocese Of Miami Virtual Catholic School
Pre-K & Kindergarten · Private · Catholic · Grades K–12 · Miami Shores
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.

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