Income/MultiFamily for sale

$3,950,000

235 18th StMiami Beach, FL 33139

  • 4,779 Sq ft
  • 1937 Built

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

MLS #
A12022142
Property type
Income/MultiFamily
Status
Active
Days on market
17
Neighborhood
ALTON BEACH 1ST SUB
County
Miami-Dade County
Property taxes
$37,604 (2025)
Waterfront
No
Private pool
No
Cooling
Central Air, Other

Location

Estimated payment

$23,107/mo with 20% down at 6.5% for 30 years, including taxes, before insurance.

Adjust in the mortgage calculator

Listing courtesy of Majestic Properties LLC · Silvana Carvalho. Listing last updated May 20, 2026 11:01 PM.

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The multiple listing information is provided by the MIAMI Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 MIAMI Association of REALTORS®. All rights reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Data last updated October 24, 2026 10:52 PM.

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