Income/MultiFamily
235 18th St
235 18th St, Miami Beach FL 33139
$3,950,000
4,779 SqFt
See estimated monthly costThis listing is courtesy of Majestic Properties LLC. Silvana Carvalho
Overview
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.
Facts & features
Interior
- Living area (sq ft)
- 4,779
Building & exterior
- Year built
- 1937
Taxes
- Annual tax
- $37,604
- Tax year
- 2025
- Parcel number
- 02-32-34-019-0120
Listing
- MLS number
- A12022142
- Property type
- Income/MultiFamily
- Price per SqFt
- $827
- Subdivision
- ALTON BEACH 1ST SUB
- On market since
- May 20, 2026
- Days on market
- 17
Estimated monthly cost
$26,070 per month
- Principal & interest (30 yr)
- $19,973
- Property tax
- $3,134
- Insurance (estimated)
- $2,963
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- Miami Beach Senior High
- Rabbi Alexander S. Gross Hebrew Academy
- Lincoln-Marti Community Agency 41
- Miami Beach Fienberg/Fisher K-8 Center
- Miami Beach Adult & Community Education Center
- Daughters of Israel Mikvah
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