
Property photos —
MIAMI REALTORS® MLS235 18th Street, Miami Beach, FL 33139
- Beds
- —
- Baths
- 0
- Sqft
- 4,779
- Home type
- Residential Income
- Year built
- 1937
- Lot size
- —
- Price / sqft
- $827
- HOA
- —
- Community
- ALTON BEACH 1ST SUB
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.
Listing activity
- Days on market
- 156
- Listed
- May 20, 2026
- MLS listing updated
- May 31, 2026
- Feed last checked
- 15 minutes ago
Listed by Silvana Carvalho · Majestic Properties LLC
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms
- 0
- Bathrooms (decimal)
- 0
Rooms & features
- Flooring
- Other
Heating & cooling
- Heating
- Separate Meters, Other
- Cooling
- Central Air, Other
Property
Exterior
- Stories
- 2
- Building area
- 4,779 sqft
- Pool
- No
- Waterfront property
- No
Lot
- Zoning
- 4000
Construction
Type & style
- Home type
- Residential Income
- Structure type
- Multi Family
- Year built
- 1937
Materials
- Construction
- Other
- Roof
- Other
Utilities & green energy
Utilities
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Not Available
Community & HOA
Community
- Subdivision
- ALTON BEACH 1ST SUB
- MLS area
- 2320
Association
- Has association
- No
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami Beach
- County
- Miami-Dade
- ZIP code
- 33139
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12022142
- Possession
- Close Of Escrow
- Original list price
- $3,950,000
- Parcel number
- 0232340190120
- Annual property tax
- $37,604
- Tax year
- 2025
- 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
Additional MLS details
Reported by the listing source
- Association
- No
- Bathrooms Total Decimal
- 0
- Bathrooms Total Integer
- 0
- Building Area Total
- 4779
- Construction Materials
- Other
- County Or Parish
- Miami-Dade
- Days On Market
- 156
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
- List Price
- 3950000
- Listing Contract Date
- 2026-05-20
- Living Area
- 4779
- MLSArea Major
- 2320
- Mls Status
- Active
- On Market Date
- 2026-05-20
- Photos Count
- 41
- Postal Code
- 33139
- Property Type
- Residential Income
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-05-20T04:00:00Z
- Stories Total
- 2
- Subdivision Name
- ALTON BEACH 1ST SUB
- Water Source
- Public
- Tax Annual Amount
- 37604
- Pool Private
- No
- Waterfront
- No
Market value
Price history
| Date | Event | Price |
|---|---|---|
| May 20, 2026 | ListedMIAMI REALTORS® MLS | $3,950,000$827/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2025 | $37,604 | — |
Payment calculator
- Principal & interest
- $20,496
- Property taxes
- $3,134
- Insurance
- $1,975
- Association dues
- —
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
ALTON BEACH 1ST SUBMiami Beach · Miami-Dade County · 33139
Climate risk
—No licensed climate-risk source is connected.
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