Home/Search/235 18th St, Miami Beach FL 33139
235 18th St, Miami Beach FL 331391 / 41
For Sale
Income/MultiFamily

$3,950,000

235 18th St, Miami Beach FL 33139

—

Bedrooms

—

Bathrooms

4,779

Sq Ft

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.

Property Details

MLS #:A12022142
Price:$3,950,000
Status:For Sale
Days on Market:17
Date Listed:May 20, 2026
Living Area:4779 sqft
Building Area:4779 sqft
Price per Sqft:$827/sqft
Year Built:1937
Property Type:Residential Income
Property Sub Type:Income/MultiFamily

Heating:Other
Cooling:Central Air, Other
Flooring:Other
Window Features:Other Windows
Stories:2
Virtual Tour:Available

Architectural Style:Other
Construction Materials:Other
Structure Type:Quadruplex
Roof:Other
Lot Features:Less Than 1/4 Acre Lot
Sewer:Public Sewer
Water Source:Municipal Water

Total Parking:0

Area/Region:Alton Beach 1st Sub
Zoning:4000

Price per Sqft:$827/sqft
Annual Tax Amount:$37,604
Tax Year:2025
Listing Terms:All Cash, Conventional
Parcel Number:02-32-34-019-0120
Legal Description:ALTON BEACH 1ST SUB PB 2-77 E45FT OF S1/2 LOT 13 & E45FT LOT 14 BLK 2 LOT SIZE 45.000 X 75 OR 19676-1396 0401 1 COC 24133-4484 01 2006 1

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$3,950,000
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Estimated Monthly Payment

$26,399/mo

Principal & Interest$19,973
Property Tax$3,134
Insurance$3,292
Loan Amount$3,160,000
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REsource

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Listing courtesy of Majestic Properties LLC. Data last updated May 21, 2026 at 03:01 AM.