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Income/MultiFamily at ALTON BEACH 1ST SUB in Miami Beach

$3,950,000

Listing courtesy of Majestic Properties LLC; Silvana Carvalho. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedrooms

n/a

bathrooms

n/a

Square Footage

4779

Type of Property

Income/MultiFamily, Residential Income

Details

Overview

Sub Type
Income/MultiFamily
Price Per Sqft
$827/sqft
Built In
1937
Taxes
$37,604/yr

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.

This income/multifamily home located at 235 18th St, Miami Beach FL 33139 is currently for sale and has been available on Brickellsold for 17 days. This property is listed at $4M. It has N/A beds, N/A bathrooms, and is 4779 square feet. It was built in 1937. 235 18th St, Miami Beach FL 33139 is in Miami Beach county Miami-Dade County.

Interior

Features
  • Flooring: Other
  • Common walls with other units/homes: Other
Heating
Other
Cooling
Central Air, Other
Appliances
Total structure area
4,779
Total interior livable area
4,779 sqft

Property

Parking
  • Parking Features:
Parcel Number
02-32-34-019-0120
Features
  • Entry location:
  • Exterior Features:
  • View Description:

Construction

Property subtype
Income/MultiFamily, Residential Income
Materials
Other
Condition
  • Year Built: 1937

Community & HOA

Community
  • Security Features:
  • Subdivision: ALTON BEACH 1ST SUB
HOA
  • Amenities:
Region
Miami Beach

Financial

Price Per Sqft
$827/sqft
Taxes
$37,604/yr
On Market Date
5/19/2026
Listing Terms
All Cash, Conventional

Metadata

Added
5/20/2026
Updated
6/6/2026
MLS#
A12022142
Days on Market
17
Listed By
Majestic Properties LLC
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • Miami Beach Senior High • 0.0 mi • K-12
  • Miami Beach Fienberg/Fisher K-8 Center • 0.0 mi • K-12
  • Miami Beach Adult & Community Education Center • 0.0 mi • K-12
  • North Beach Elementary • 0.0 mi • K-12
  • Miami Beach Nautilus Middle • 0.0 mi • K-12
  • Miami Beach South Pointe Elementary • 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$3,950,000May 20, 2026

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Compare this income/multifamily with current Miami Beach, FL inventory, nearby properties, local market context, and practical Miami buyer guidance. Listing prices and availability are refreshed from the MLS.