235 18th Street, Miami Beach, FL 33139 (MLS# A12022142)

235 18th Street, Miami Beach, FL 33139

$3,950,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12022142

Property Type: Residential Income Square Footage: 4,779 Status: Active

Current Price: $3,950,000 List Date: 5/20/2026 Last Modified: 5/31/2026

Overview

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.

Listing Details MLS# A12022142

General Property Information

Building Area Main: 4779
Living Area Main: 4779
Adjusted Area Main: 3943
Year Built: 1937
Stories Total: 2
Pool Private YN: No
Parking Total: 0

Property Features

Documents Available: Financial Statement; None Flooring: Other Structure Type: Multi Family Construction Materials: Other Cooling: Central Air; Other Heating: Separate Meters; Other Listing Terms: Cash; Conventional; Other Possession: Close Of Escrow Roof: Other Sewer: Public Sewer Tax Information: Tax Reflects No Exemptions Utilities: Cable Not Available Water Source: Public Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 3950000

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 235
Street Name: 18th
Street Suffix: Street
City Name: Miami Beach
Municipal Code: 2
State Or Province: FL
Postal Code: 33139
Postal Code +4: 2011
Postal Zip: 33139
Subdivision Name: ALTON BEACH 1ST SUB
Area: 2320
Elementary School: Miami Beach Fienberg / Fisher K-8
High School: Miami Beach
Parcel Number: 0232340190120
Subdivision Number: 19
Zoning: 4000
Flood Zone: AE

Financial Information

Tax Annual Amount: 37604
Tax Year: 2025
Tax Legal Description: ALTON BEACH 1ST SUB PB 2-77 E45FT OF S1/2 LOT 13 & E45FT LOT 14 BLK 2 LOT SIZE 45.000 X 75 OR 19676-1396 0401 1 COC 24133-4484 01 2006 1

Status Change Information

Major Change Timestamp: 2026-05-20T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-05-20

More Information

Section Details

Parcel Number MLX: 0120

Originating Details

Originating System Key: 484174791
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Flooring

Other: Yes

Documents Available

Financial Statement: Yes
None: Yes

Structure Type

Multi Family: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Not Available: Yes

Heating

Separate Meters: Yes
Other: Yes

Construction Materials

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Other: Yes

Roof

Other: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes
Other: Yes

Showing Requirements

Call Listing Agent: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Listing Office: Majestic Properties LLC

Last Updated: May - 31 - 2026

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