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.
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
- 2 days
- 40
- 6
Zillow last checked:
Listing updated:
Listed by:
Silvana Carvalho 786-767-0131,
Majestic Properties LLC
Source: MIAMI,MLS#: A12122588
Originating MLS: A-Miami Association of REALTORS
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: 11/12/2026
- Listing terms: All Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2026 | Listed for sale | $3,950,000$827/sqft |
Source: | ||
| 11/12/2026 | Listing removed | $3,950,000$827/sqft |
Source: | ||
| 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







