ActiveIncome/MultiFamily
235 18th St, Miami Beach FL 33139
Miami Beach, FL 33139 · MLS #A12022142The residence
About this property
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.
At a glance
Property details
- Property type
- Income/MultiFamily
- Listing type
- For sale
- Status
- Active
- Living area
- 4,779 sq. ft.
- Year built
- 1937
- Lot size
- 0 sq. ft.
- Subdivision
- ALTON BEACH 1ST SUB
- County
- Miami-Dade County
- Days on market
- 17
- Original list price
- $3,950,000
- Listing date
- May 20, 2026
- MLS record updated
- May 21, 2026
- Annual property tax
- $37,604 (2025)
- Listing agent
- Silvana Carvalho
- Listing office
- Majestic Properties LLC
- MLS number
- A12022142
Neighborhood & location
Explore ALTON BEACH 1ST SUB
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $19,973
- Property taxes
- $3,134
- Homeowners insurance
- $1,975
- Estimated total
- $25,082
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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$4,300,000Listing courtesy of Majestic Properties LLC, 305-988-2269.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.