Listed By:
This listing is courtesy of Majestic Properties LLC
Address
235 18th St, Miami Beach, FL
Price
$ 3,950,000
Property Attributes
  • MLS#A12022142
  • TypeSingle Family
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami Beach
  • Area32
  • NeighborhoodALTON BEACH 1ST SUB
  • Zip33139
  • Style
  • Year Built1937
  • Taxes$ 37604
  • Price$ 3,950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4779
Data Source:
Southeast Florida MLS (SEFMLS)
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.

Price History
5/20/2026 Listed $3,950,000

General Features

Sewer PublicSewer
Heating Other
Cooling CentralAir,Other
Utilities CableNotAvailable
Possession CloseOfEscrow
Roof Other
Pool Features None
Construction Materials Other
Year Built 1937
Stories Count 2
Levels Two
Property Subtype MultiFamily
Tax Year 2025
County Miami-Dade
Property Type ResidentialIncome
Subdivision Name ALTON BEACH 1ST SUB
Rent Includes CableTv
Status Active
City Miami Beach
Zoning Description 4000
MLS Area 32
Lot Size Units SquareFeet
Listing Terms Cash,Conventional,Other
Year Built Details Effective Year Built
Tax Annual Amount 37604
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12022142
Standard Status Active
Occupancy Type Tenant
Property Sub Type Additional MultiFamily
PostalCity Miami Beach
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

Interior Features

Flooring Other
Air Conditioning Y/N true
Window Features Other

Exterior Features

Lot Features LessThanQuarterAcre
Water Source Public
Building Area Total 4779
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 33139

Price
AVG $4.17M
$3.95M
Taxes
AVG $103,208
$37,604
Year Built
AVG 1972
1937

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