$10,000,000
Miami Beach, FL 33141
MLS# A11992748
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Property Description
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.
Details
Maps
Contract Information
Comp Sale YN: No
LP/Acre: 71428571.43
LP/Frontage: 200000
Listing Date: 2026-04-13
Status: Active
Original List Price: 11800000
List Price: $10,000,000
Current Price: $10,000,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami Beach
Municipal Code: 2
Postal Zip: 33141
Subdivision Number: 1
Flood Zone: AE
Country: United States
Street Number: 6945
Street Name: Abbott
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33141
Postal Code +4: 3104
Subdivision Name: ATLANTIC HEIGHTS
Area: 2320
Elementary School: Biscayne Beach
Middle Or Junior School: Miami Beach Nautilus
High School: Miami Beach
Parcel Number: 0232110010290
Zoning: 3900
General Property Information
Lot Size Dimensions: 6150
Lot Depth: 123
Lot Frontage: 50
LP/SqFt: 1626.02
Property Sub Type: Unimproved Land
Lot Size Acres: 0.14
Lot Size Square Feet: 6150
Financial Information
Estimated Monthly Assoc Recurring Fee: 0
Tax Year: 2025
Tax Annual Amount: 43090
Tax Legal Description: ATLANTIC HGTS CORR PL PB 9-14 LOT 1 BLK E LOT SIZE 50.000 X 123 OR 17712-0058 0697 1
Office/Member Information
DXORIGMLSID: SEF
Comprehensive Plan Use
Intensive Development: 1
Current Use
Hotel/Motel: 1
Multi-Family: 1
Unimproved: 1
Environmental Audit
Phase 1: 1
Location of Property
Central Business District: 1
Urban Area Development: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Special Information
City Jurisdiction: 1
Utilities
Electricity Available: 1
Sewer Available: 1
Water Available: 1
Water View
Beach: 1
Road Frontage Type
Public Road: 1
Road Responsibility
Public Maintained Road: 1
Water Source
Public: 1
Income and Expenses
Inc/Exp Statement Period: Pro-Forma
Gross Scheduled Income: 30000000
Net Operating Income: 210000
Showing Requirements
Call Listing Agent: 1
Price Calculations
Current Price To SqFt: 1639.77
Section Details
Parcel Number MLX: 0290
Acreage Description
1/2 To Less Than 1 Acre Lot: 1
1 To Less Than 2 Acre Lot: 1
2 To Less Than 3 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-06-12T18:04:03Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-12T18:04:03Z
Status Change Date: 2026-04-13
Originating Details
Originating System Key: 448282963
Originating System ID: M00000151
Property Features
Comprehensive Plan Use: Intensive Development
Current Use: Hotel/Motel; Multi-Family; Unimproved
Environmental Audit: Phase 1
Location of Property: Central Business District; Urban Area Development
Possession: Close Of Escrow; Negotiable
Sewer: Public Sewer
Special Information: City Jurisdiction
Utilities: Electricity Available; Sewer Available; Water Available
Road Frontage Type: Public Road
Road Responsibility: Public Maintained Road
Water Source: Public
Water View: Beach
Showing Requirements: Call Listing Agent
Acreage Description: 1/2 To Less Than 1 Acre Lot; 1 To Less Than 2 Acre Lot; 2 To Less Than 3 Acre Lot
Listing Office: Beachfront Realty Inc
Last Updated: August - 26 - 2026
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