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$3,950,000
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Property 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.
Full Property Details
Full Property Details for 235 18th St
General
- Price: $3,950,000
- Taxes: $37,604 (2025)
- Status: Active
- Type: Multi-Family
- Source: Greater_Miami
- MLS ID: A12022142
- Updated: 5/21/2026
- Added to Site: 7 day(s) ago
Rental Information
- Rent Includes: Cable TV
Interior
- Flooring: Other
Location
- Area: Alton Beach 1st Sub
- County: Miami-Dade County
- Subdivision: ALTON BEACH 1ST SUB
- Building Name: ALTON BEACH 1ST SUB
Community
- Community Name: Alton Beach 1st Sub
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Other
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Municipal Water
Structural Information
- Architectural Style: Other
- Structure Type: Quadruplex
- Detached/Attached: Detached
- Construction: Other
- Roof: Other
- Windows: Other Windows
- Stories/Levels: 2
- Building Size: 4779
- Square Feet: 4,779
- Living Area: 4,779 Sq. Ft.
- Year Built: 1937
Lot Features
- Lot Features: Less Than 1/4 Acre Lot
- Zoning: 4000
Financial Considerations
- Price Per Sq. Ft.: $826.53
- Tax Amount: $37,604
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Documents Avail.: Financial Statement, None
- 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
- Property ID: 02-32-34-019-0120
Listed by Majestic Properties LLC
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Schools
Schools serving 235 18th St
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Fienberg/Fisher K-8 Center 1420 Washington Avenue, Miami Beach, FL 33139 | PK-5 | 0.6 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.5 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 235 18th St
Date
Details
Price
Change
Source
5/20/2026
Listed
$3,950,000
426.67%
MLS
10/12/2011
Sold
$750,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 235 18th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$37,895
3%
$2,020,000
2%
2024
$36,965
7%
$1,980,000
-9%
2023
$34,431
13%
$2,165,000
20%
2022
$30,439
-3%
$1,800,000
6%
2021
$31,232
—
$1,700,000
-15%
2021
$31,232
4%
$2,000,000
54%
2019
$30,171
36%
$1,298,000
1%
2018
$22,189
-5%
$1,279,546
-5%
2017
$23,458
12%
$1,350,000
28%
2016
$21,028
10%
$1,057,477
11%
2015
$19,123
5%
$952,876
9%
2014
$18,207
8%
$874,264
10%
2013
$16,803
—
$794,786
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 235 18th St
235 18th St, Miami Beach, FL 33139 (MLS# A12022142) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 235 18th St is currently listed for $3,950,000 and was received on May 20, 2026. Want to learn more about 235 18th St? Do you have questions about finding other Multi-Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

