235 18th St, Miami Beach FL 33139

For sale Days on market 17

ALTON BEACH 1ST SUB [ Income/MultiFamily ]

$3,950,000

$827/sq ft

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Overview

Year Built

1937

Sqft

4779

Property Type

Income/MultiFamily

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.

Property Details

MLS#

A12022142

Total Floor in Bldg

Building

ALTON BEACH 1ST SUB

Address

235 18th St

City

Miami Beach

State/county

Zip/Postal Code

33139

Area

Alton Beach 1st Sub

Country

United States

HOA

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$37,604

Maint Fee

$--

Tax Year

2025

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