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Executive Summary

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.

Property Facts

Price $10,000,000
Price Per Room $833,333
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 0.14 AC
Building Size 9,000 SF
No. Rooms 12
No. Stories 2
Year Built/Renovated 1939/2013
Parking Ratio 0.44/1,000 SF
Corridor Interior
Zoning 3900 - Zoning for commercial and residential use. Licensed for Short term-Transient. Zoning recently changed by the City of Miami Beach to add 2 floors.

Amenities

  • High Speed Internet Access
  • Patio
  • Boutique/Lifestyle Hotel
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 12 $95.00 -
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
02-3211-001-0290
Land Assessment
$1,045,500
Improvements Assessment
$1,184,500
Total Assessment
$2,230,000
  • Listing ID: 40883948

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 6945 Abbott Ave, Miami Beach, FL 33141

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