6945 Abbott Ave Miami Beach, FL 33141
North Shore NeighborhoodEstimated payment $63,237/month
Highlights
- Beach Access
- No HOA
- 3-minute walk to North Shore Park & Youth Center
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $43,090
Lot Details
- 6,150 Sq Ft Lot
- Lot Dimensions are 50x123
- Property is zoned 3900
Listing and Financial Details
- Assessor Parcel Number 02-32-11-001-0290
Community Details
Overview
- No Home Owners Association
- Atlantic Heights Condos
- Atlantic Heights Subdivision
Building Details
- Net Operating Income $210,000
Recreation
- Beach Access
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $37,395 | $2,230,000 | $1,045,500 | $1,184,500 |
| 2024 | $37,793 | $1,990,000 | $1,045,500 | $944,500 |
| 2023 | $37,793 | $2,000,000 | $1,045,500 | $954,500 |
| 2022 | $23,905 | $1,041,249 | $0 | $0 |
| 2021 | $22,857 | $946,590 | $0 | $0 |
| 2020 | $19,793 | $1,300,000 | $1,045,500 | $254,500 |
| 2019 | $17,788 | $1,150,000 | $861,000 | $289,000 |
| 2018 | $16,328 | $1,150,000 | $861,000 | $289,000 |
| 2017 | $14,596 | $646,536 | $0 | $0 |
| 2016 | $14,178 | $587,760 | $0 | $0 |
| 2015 | $11,163 | $534,328 | $0 | $0 |
| 2014 | $10,817 | $485,753 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/28/2026 04/28/26 | Price Changed | $11,000,000 | -6.8% | -- | |
| 04/13/2026 04/13/26 | For Sale | $11,800,000 | +232.4% | -- | |
| 09/02/2022 09/02/22 | Sold | $3,550,000 | -2.7% | $756 / Sq Ft | View Prior Sale |
| 08/04/2022 08/04/22 | For Sale | $3,650,000 | -- | $777 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $4,000,000 | None Listed On Document | |
| Warranty Deed | $4,000,000 | None Listed On Document | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $295,000 | -- | |
| Deed | $100 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,400,000 | New Conventional | |
| Closed | $2,400,000 | New Conventional | |
| Previous Owner | $2,000,000 | New Conventional | |
| Previous Owner | $221,250 | Commercial |
Source: MIAMI REALTORS® MLS
MLS Number: A11992748
APN: 02-3211-001-0290
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Ask me questions while you tour the home.