235 18th St, Miami Beach, FL 33139
- $3,950,000
- 4,779
- SqFt
- List Price
- $3,950,000
- MLS#
- A12022142
- Sq. Ft
- 4,779
- Subtype
- Income/MultiFamily
- County
- Miami-Dade
- Community
- Alton Beach 1st Sub
- Subdivision
- Alton Beach 1st Sub
- Year Built
- 1937
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.
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Additional Information
- Status Label
- ACTIVE
- Construction
- Other
- Cooling
- Central Air, Other
- Flooring
- Other
- Heating
- Other
- Lot Description
- Less Than 1/4 Acre Lot
- Roof
- Other
- Taxes
- $37,604
- Total Floors
- 2
- Stories
- 2
- Roofing
- Other
- Price Per Sqft
- $826
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Listing Courtesy Of Majestic Properties LLC, Contact: