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North Beach Development Opportunity
For Sale
$10,000,000

6945 Abbott Ave, Miami Beach, FL 33141

Prime 6,250 SF lot for boutique hotel or mixed-use development.

Property Size6,250 SF
Lot Size0.14 Acres
Price / SF$1,600
Days on Market110

Property Features for 6945 Abbott Ave

General Information

Standard status Active
Size 6,250 SF
Lot size 0.14 Acres
Property subtype Commercial
Listing Agency: Beachfront Realty Inc
Listed By: Marilina Apfelbaum · License #0662372
Source: Elliman
Added: Apr 14 Changed: Jul 10 Last Checked: Jul 31 at 5:45AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beachfront Realty Inc

Investment Insights

Based on property information with market context.

This 6,250 square foot lot presents a development opportunity in North Beach, Miami Beach. The property is suited for a boutique hotel or mixed-use hospitality project. Currently, the property operates with 11 licensed hotel rooms, providing immediate income with redevelopment potential. Proposed plans suggest a six-story project of approximately 21,800 square feet, potentially accommodating up to 48 hotel rooms, rooftop amenities, and ground-floor retail or hospitality space. The location is two blocks from the beach and within walking distance of Collins Avenue, dining, and entertainment options. The property has a bike score of 56, indicating it is bikeable, a walk score of 59, indicating it is somewhat walkable, and a transit score of 47, indicating some transit options are available.

Key Highlights

  • Prime 6,250 SF development opportunity in North Beach, Miami Beach.
  • Potential for a 6‑story, approximately 21,800 SF project with up to 48 hotel keys.
  • Currently operating with 11 licensed hotel rooms, providing immediate income.

Property Analytics

Current Use

Hotels

Suggested Use

Top Pick Dental Office Law Firm Electrical Service Food Market (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,212
Businesses Nearby

Demographics for 33141, FL

35,995
Population
21,793
Households
1.7
Avg Household Size
44
Median Age
44%
College-Educated
91%
High-School Grad
2.3 sq mi
ZIP Area
15,650
Density / Sq Mi
$64,457
Median Household Income
$36,899
Median Earnings
$1,739
Median Rent
$434,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Prime 6,250 SF lot for boutique hotel or mixed-use development.
Where is this hotel located?
The property is located at 6945 Abbott Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Prime 6,250 SF development opportunity in North Beach, Miami Beach.; Potential for a 6‑story, approximately 21,800 SF project with up to 48 hotel keys.; Currently operating with 11 licensed hotel rooms, providing immediate income.
More about this property
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