Alton Beach 1St Sub Multifamily For Sale
235 18th St, Miami Beach, FL 33139

$3,950,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:A12022142
  • Virtual Tour: YES
  • List Price: $3,950,000
  • Living Area: 4779 Ft² / 444 M²
  • Price Per Foot/Meter: $827 / $8,897
  • Taxes:$37,604
  • Year Built:1937
  • Listing Date:May 20, 2026
  • Days On Market:17

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.

Features


  • Floor:Other
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker