235 18th St, Miami Beach, FL 33139
235 18th St, Miami Beach, FL 33139
235 18th St, Miami Beach, FL 33139
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$3,950,000
Est. payment /mo
4,779 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,779 sqft

Price per Sqft $826

Subdivision Alton Beach 1St Sub

MLS Listing ID A12022142

HOA Y/N No

Year Built 1937

Annual Tax Amount $37,604

Tax Year 2025

Property Sub-Type Multi Family

Property Description

Boutique 18 Miami Beach – Fully renovated 12-unit licensed hospitality property located steps from the beach and the east end of Lincoln Road in the heart of Miami Beach's rapidly evolving Collins Park district. Renovated in 2015 and currently operated as a boutique hotel under a master lease structure generating stable in-place income. Positioned near luxury hotels, the Convention Center, Collins Avenue, Ocean Drive, and major lifestyle destinations driving year-round tourism demand. The surrounding area is undergoing over $4 billion in luxury residential, hospitality, retail, and infrastructure investment, further strengthening long-term value and hospitality demand. Existing hotel licensing in place with operational upside through direct hospitality management and revenue optimization. Offering Memorandum available upon request.

Location

State FL

County Miami-dade

Community Alton Beach 1St Sub

Area 32

Interior

Heating Other

Cooling Central Air, Other

Flooring Other

Window Features Other

Exterior

Pool None

Utilities Available Cable Not Available

Roof Type Other

Private Pool No

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Other

Others

Tax ID 02-32-34-019-0120

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12022142


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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Majestic Properties LLC

NEARBY SCHOOL & BUSINESS

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William Gartin

William Gartin

+1(305) 842-6097

Agent | License ID: 3422133

Agent License ID: 3422133

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