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7830 Abbott Avenue, Miami Beach, FL 33141
Active
138 Days on Market
Virtual Tour
1 / 21
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How this price compares

List price
$7,499,999
Price per sq ft
$392
Vs. nearby sales
14.3% above
Days on market
138

This multi-family property in Altos Del Mar No 3 is listed at $7,499,999, or $392 per square foot. The asking price has come down 11.8% from its original $8,499,000. It has been on the market for 138 days. The 3 most recent multi-family property sales in the closings shown below sold at a median of $343 per square foot, so the asking price is 14.3% above what comparable homes here actually sold for.

0
Bedrooms
0
Bathrooms
19,155
Living Sq Ft
1963
Year Built

Estimated monthly payment

$39,416 /mo

Principal and interest only, based on $1,500,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$7,499,999
Days on Site
138 Days
Bedrooms
0
Total Baths
0
Living Area
19,155 sqft
Total Sq Ft
19,155 sqft
Year Built
1963
Property Type
Multi-Family
MLS #
A12019182
Property Tax
$809,106 (2025)
Subdivision
ALTOS DEL MAR NO 3
County
Miami Dade
Status
Active

About This Property

A fully operational 25-unit hospitality compound, 12 hotel keys (apartment size) + 13 residences, generating $1.1M+ in gross annual revenue with a 6.4% cap rate and $483,615 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. 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. The owner is willing to continue operating the property for up to six months for a management fee of 10% of gross rental revenue, allowing the new owner time to learn the business and either transition to a new property manager or assume operations directly. The owner is willing to continue operating the property for up to six months for a management fee of 10% of gross rental revenue, allowing the new owner time to learn the business and either transition to a new property manager or assume operations directly.

MLS media link

General Features

Property Type
Multi-Family
Status
Active
Year Built
1963
Property Condition
Resale / Updated Remodeled
Number of Stories
2
Living Sq Ft
19,155
Total Sq Ft
19,155
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
3900

Interior Features

Cooling
Electric
Heating
Other / Separate Meters
Flooring
Tile / Vinyl

Exterior Features

Construction
Brick / Block
Roof
Concrete / Flat / Tile
Private Pool
Yes
Pool Features
Above Ground
Lot Features
Quarter To Half Acre Lot

Community & HOA

Utilities
Cable Not Available
Financing Terms
Cash / Conventional
MLS Area
2320

Schools

Elementary School
Biscayne Beach
Middle School
Miami Beach Nautilus
High School
Miami Beach

Features & Amenities

Above Ground
Pool

Altos Del Mar No 3 is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,100,000 to $2,800,000. Pure Equity lists homes in Altos Del Mar No 3 and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
6
Under Contract
1
Median List Price
$1,574,000
Median $/Sq Ft
$438
Avg Days on Market
145
View all 6 homes for sale in Altos Del Mar No 3 →
How do I schedule a tour of 7830 Abbott Avenue, Miami Beach, FL 33141?
Use the Tour button on this listing to request a showing of 7830 Abbott Avenue, Miami Beach, FL 33141. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 7830 Abbott Avenue, Miami Beach, FL 33141 still available?
7830 Abbott Avenue, Miami Beach, FL 33141 is currently listed as Active, and has been on the market 138 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 7830 Abbott Avenue, Miami Beach, FL 33141?
With 20% down ($1,500,000) on the $7,499,999 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 7830 Abbott Avenue, Miami Beach, FL 33141 is about $39,416/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 7830 Abbott Avenue, Miami Beach, FL 33141?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 7830 Abbott Avenue, Miami Beach, FL 33141. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 7830 Abbott Avenue, Miami Beach, FL 33141?
7830 Abbott Avenue, Miami Beach, FL 33141 is zoned for Biscayne Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 7830 Abbott Avenue, Miami Beach, FL 33141?
Often, yes. The right offer on 7830 Abbott Avenue, Miami Beach, FL 33141 depends on how it's priced against comparable multi-family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Stay Plus LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

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Listed by Santiago Rodriguez, Stay Plus LLC

Recently sold homes in Altos Del Mar No 3

These are the last 4 recorded closings in Altos Del Mar No 3, with the price each home actually sold for rather than what it was listed at. They closed at a median of $343 per square foot. The most recent closed on July 22, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.

See every recorded sale in Altos Del Mar No 3 or find out what your Altos Del Mar No 3 home is worth.

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