luxury

$10,000,000

6945 Abbott Avenue, Miami Beach, FL 33141

Miami Beach, FL, 33141

— bd · 0 ba · — sqft

Listed by Beachfront Realty Inc

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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

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Prime 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.

Good deal

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.

Your costs (est.)

6945 Abbott Avenue, Miami Beach, FL 33141 · Miami Beach

Location

6945 Abbott Avenue, Miami Beach, FL 33141

Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995