Quadruplex
235 18th St
235 18th St, Miami Beach FL 33139 Get directions
$3,950,000
4,779 SqFt
See estimated monthly costThis listing is courtesy of Majestic Properties LLC. Silvana Carvalho
Overview
Fully renovated 12-unit boutique hotel located steps from the beach and Lincoln Road in Miami Beach’s rapidly evolving Collins Park district. Renovated in 2015 and currently operated as a boutique hotel under a master lease through 2034, generating stable in-place income. Buyers seeking direct management have the flexibility to terminate the lease prior to closing, unlocking operational and revenue upside. Surrounded by luxury hotels, the Convention Center, Collins Avenue, and over $4 billion in ongoing residential, hospitality, retail, and infrastructure investment. **A rare opportunity to secure a licensed hospitality asset with immediate income and long-term growth potential in a prime Miami Beach location. Request the Offering Memorandum for financial details and investment terms.
Facts & features
Interior
- Living area (sq ft)
- 4,779
Building & exterior
- Year built
- 1937
Taxes
- Annual tax
- $37,604
- Tax year
- 2024
- Parcel number
- 02-32-34-019-0120
Listing
- MLS number
- A12122588
- Property type
- Quadruplex
- Price per SqFt
- $827
- Subdivision
- ALTON BEACH 1ST SUB
- On market since
- Nov 12, 2026
- Days on market
- 0
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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