235 18th St Miami Beach, FL 33139
City Center NeighborhoodEstimated payment $24,803/month
Highlights
- No HOA
- Central Air
- Heating Available
About This Home
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 Agent
Silvana Carvalho
Majestic Properties LLC License #3598453 Listed on: 05/20/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $37,604
Year Built
- Built in 1937
Home Design
- Quadruplex
Interior Spaces
- 4,779 Sq Ft Home
- 2-Story Property
Utilities
- Central Air
- Heating Available
Community Details
- No Home Owners Association
- Alton Beach 1St Sub Condos
- Alton Beach 1St Sub Subdivision
Listing and Financial Details
- Assessor Parcel Number 02-32-34-019-0120
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $37,895 | $2,020,000 | $506,250 | $1,513,750 |
| 2024 | $36,240 | $1,960,200 | ||
| 2023 | $36,240 | $1,782,000 | $0 | $0 |
| 2022 | $32,938 | $1,727,638 | $0 | $0 |
| 2021 | $31,232 | $1,570,580 | $0 | $0 |
| 2020 | $31,721 | $2,000,000 | $607,500 | $1,392,500 |
| 2019 | $30,171 | $2,000,000 | $607,500 | $1,392,500 |
| 2018 | $24,535 | $1,350,000 | $607,500 | $742,500 |
| 2017 | $23,458 | $1,163,224 | $0 | $0 |
| 2016 | $21,028 | $1,057,477 | $0 | $0 |
| 2015 | $19,123 | $952,876 | $0 | $0 |
| 2014 | $18,207 | $874,264 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/20/2026 05/20/26 | For Sale | $3,950,000 | -- | $827 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,112,500 | Attorney | |
| Warranty Deed | $750,000 | None Available | |
| Trustee Deed | $400,100 | None Available | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $1,015,000 | -- | |
| Warranty Deed | $411,300 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $1,999,999 | No Value Available | |
| Previous Owner | $250,000 | Unknown | |
| Previous Owner | $712,000 | Commercial |
Source: MIAMI REALTORS® MLS
MLS Number: A12022142
APN: 02-3234-019-0120
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