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.
For sale
$3,950,000
235 18th St, Miami Beach, FL 33139
--beds
--baths
4,779sqft
Quadruplex
Built in 1937
-- sqft lot
$-- Zestimate®
$827/sqft
$-- HOA
What's special
- 43 days |
- 198 |
- 13 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Silvana Carvalho 786-767-0131,
Majestic Properties LLC
Source: MIAMI,MLS#: A12022142
Originating MLS: A-Miami Association of REALTORS
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Facts & features
Interior
Heating
- Other
Cooling
- Central Air, Other
Features
- Flooring: Other
- Windows: Other Windows
Interior area
- Total structure area: 4,779
- Total interior livable area: 4,779 sqft
Video & virtual tour
Property
Features
- Stories: 2
Lot
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 0232340190120
- Zoning: 4000
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Quadruplex
Materials
- Other
- Roof: Other
Condition
- Year built: 1937
Utilities & green energy
- Sewer: Public Sewer
- Water: Municipal Water
Community & HOA
Community
- Subdivision: Alton Beach 1st Sub
HOA
- Has HOA: No
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $827/sqft
- Annual tax amount: $37,604
- Date on market: 5/20/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2026 | Listed for sale | $3,950,000+1624.9%$827/sqft |
Source: | ||
| 6/25/2019 | Sold | $229,000-69.5%$48/sqft |
Source: Agent Provided Report a problem | ||
| 10/12/2011 | Sold | $750,000-24.2%$157/sqft |
Source: | ||
| 2/15/2011 | Listing removed | $990,000$207/sqft |
Source: Esslinger Wooten Maxwell, Inc. #M1457220 Report a problem | ||
| 1/10/2011 | Listed for sale | $990,000$207/sqft |
Source: Esslinger Wooten Maxwell, Inc. #M1457220 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: City Center
Nearby schools
GreatSchools rating
- 5/10Fienberg/Fisher K-8 CenterGrades: PK-8Distance: 0.6 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 0.4 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.








