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Homes for sale in Miami Beach
Income/MultiFamily

235 18th St

Miami Beach, FL 33139
$3,950,000
Sq ft
4,779
Year built
1937
Price per sq ft
$827

Listing courtesy of Silvana Carvalho, Majestic Properties LLC

About this home

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.

Details

Property

Type
Income/MultiFamily
Building
Fourplex
Year built
1937
Stories
2
Building name
ALTON BEACH 1ST SUB
Subdivision
ALTON BEACH 1ST SUB
County
Miami-Dade County
Flood zone
AE

Interior

Cooling
Central Air

Community and fees

Annual taxes
$37,604
Terms
All Cash, Conventional

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated May 21, 2026.