235 18th St
Miami Beach, FL 33139
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.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: OtherWindow Features: Other -
Heating & Cooling
Heating: Other Has Cooling: Yes Cooling: CentralAir, Other
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Building Information
Year Built: 1937Building Area Total: 4779Construction Materials: OtherStories: 2Pool Features: NonePrivate Pool: No
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Lot Information
Lot Description: LessThanQuarterAcreProperty Information
Subdivision: ALTON BEACH 1ST SUB Source Property Type: ResidentialIncome Postal Code Plus 4: 2011 Zoning Description: 4000 Property SubType: Multi Family Levels: Two Property Age: 89
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Listing Price Information
Listing Price: $3950000Cash, Conventional, Other
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Tax Information
Parcel Number: 02-32-34-019-0120 Tax Year: 2025 Annual Tax: $37604 Tax Legal Desc: 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
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Utility Information
CableNotAvailable -
Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 901 Pennsylvania Ave, Miami Beach, FL, 33139 | $3,450,000 | -- | -- | -- | |
| 1438 Meridian Ave, Miami Beach, FL, 33139 | $2,400,000 | 6 | 6 | 4,644 | 4,644 SqFt |
| 632 15th St, Miami Beach, FL, 33139 | $2,650,000 | 8 | 8 | 5,939 | 5,939 SqFt |
| 1561 Jefferson Avenue, Miami Beach, FL, 33139 | $4,500,000 | 5 | 4 | 10,334 | 10,334 SqFt |
| 1345 Pennsylvania Ave, Miami Beach, FL, 33139 | $4,700,000 | 1 | 2 | 8,219 | 8,219 SqFt |
| 711 Lenox Ave, Miami Beach, FL, 33139 | $2,850,000 | 8 | 8 | 2,558 | 2,558 SqFt |
| 734 Michigan Ave, Miami Beach, FL, 33139 | $2,940,000 | 4 | 5 | 2,809 | 2,809 SqFt |
| 1508 Meridian Ave, Miami Beach, FL, 33139 | $1,200,000 | 4 | 4 | 1,776 | 1,776 SqFt |
| 1460 E West Ave, Miami Beach, FL, 33139 | $1,791,000 | 6 | 6 | 4,952 | 4,952 SqFt |
| 1355 Drexel Ave, Miami Beach, FL, 33139 | $7,000,000 | -- | -- | 816 | 816 SqFt |
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Nearby For Sale
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ByOwner last updated this listing 06/15/2026 @ 15:28
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