235 18th Street, Miami Beach, FL 33139 (MLS# A12122588)

235 18th Street, Miami Beach, FL 33139

New Listing

$3,950,000

Aerial perspective of a multi-story urban location featuring proximity to the coastline, sandy beaches, and high-density neighborhood infrastructure

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12122588

Two-story exterior featuring white stucco finish, recessed entryways with glass-panel doors, and concrete paver hardscaping complemented by mature landscaping

Exterior walkway featuring stone-finish flooring, metal railing, and wall-mounted lantern-style lighting

Aerial perspective of coastal property site featuring direct ocean frontage, proximity to sand beaches, and surrounding urban infrastructure

Aerial perspective of a multi-story building featuring a flat roof and ground-level surface parking

Wood-finish flooring, lantern-style ceiling light, wall-mounted floating nightstands, and window with roller shade

Kitchenette featuring two-tone cabinetry and glass-front upper cabinets, wood-finish flooring, gold-tone multi-arm pendant light, and integrated closet shelving

Wood-finish flooring, neutral walls, recessed lighting, and large horizontal windows

Multi-purpose interior space featuring wood-finish flooring, a wall-mounted PTAC heating and cooling unit, a modern gold-tone multi-arm chandelier, and a walk-in closet with built-in shelving

Wet bar featuring white solid-surface countertops, horizontal wood-grain lower cabinetry, frosted-glass upper cabinet doors, an integrated sink with a metal faucet, and built-in under-counter refrigerator space

Bathroom featuring dark floor-to-ceiling tile work, a wall-mounted rectangular vessel sink with chrome fixtures, and stainless steel grab bars

Neutral-toned wood-finish flooring, mid-century modern sputnik-style chandelier, and multiple windows providing natural illumination

Kitchenette area featuring wood-finish cabinetry, a white basin sink with a chrome faucet, frosted glass upper cabinets, wood-finish flooring, and a tray ceiling with a multi-arm light fixture

Bathroom featuring a vanity with geometric patterned cabinet doors, matte black faucet hardware, a glass-enclosed shower with rainfall showerhead, and textured wall tiling

Bathroom featuring floor-to-ceiling textured stone wall cladding, a white two-drawer vanity with matte black hardware, an organic-shaped mirror, a dark metal faucet, and a glass-enclosed shower

Aerial perspective of urban location featuring high-rise architecture, proximity to the coastline, and established street-level infrastructure

Aerial perspective featuring an urban coastal location with proximity to waterways and surrounding high-density development

Aerial perspective showcasing urban positioning within a metropolitan district, featuring surrounding mid-rise architecture and proximity to coastal waters

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

Current Price: $3,950,000 List Date: 11/12/2026 Last Modified: 11/12/2026

Overview

Description

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.

Listing Details MLS# A12122588

General Property Information

Property Sub Type: Quadruplex
Building Area Main: 4779
Living Area Main: 4779
Adjusted Area Main: 3943
Year Built: 1937
Stories Total: 2
Pool Private YN: No

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; 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: 2024
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: 2026-11-12T05:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-11-12

More Information

Price Calculations

Current Price To SqFt: 826.53

Section Details

Parcel Number MLX: 0120

Originating Details

Originating System Key: 570817255
Originating System ID: M00000151

Listing Office: Majestic Properties LLC

Last Updated: November - 12 - 2026

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235 18th Street, Miami Beach, FL 33139 (MLS# A12122588)