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.
Features
crop_free6150 sq. ft. lot size
cottageLand
Property history for 6945 Abbott Ave
2022
Sold
$3,550,000
02 Sep 2022 by Susan Gale, of One Sotheby's International Realty
Happy sellers in Miami Beach
95%
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95% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.
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Local market activity for land plots in Miami Beach
Sold
For Sale
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