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235 18th Street, Miami Beach, FL 33139
Active
11 Days on Market
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How this price compares

List price
$3,950,000
Price per sq ft
$827
Original price
Unchanged
Days on market
11

This multi-family property in ZIP 33139 is listed at $3,950,000, or $827 per square foot. It has been on the market for 11 days.

0
Bedrooms
0
Bathrooms
4,779
Living Sq Ft
1937
Year Built

Estimated monthly payment

$20,759 /mo

Principal and interest only, based on $790,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.

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Listing Snapshot

Price
$3,950,000
Days on Site
11 Days
Bedrooms
0
Total Baths
0
Living Area
4,779 sqft
Total Sq Ft
4,779 sqft
Year Built
1937
Property Type
Multi-Family
MLS #
A12022142
Property Tax
$37,604 (2025)
Subdivision
ALTON BEACH 1ST SUB
County
Miami Dade
Status
Active

About This Property

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.

MLS media link

General Features

Property Type
Multi-Family
Status
Active
Year Built
1937
Number of Stories
2
Living Sq Ft
4,779
Total Sq Ft
4,779
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
4000

Interior Features

Cooling
Central Air / Other
Heating
Other / Separate Meters
Flooring
Other

Exterior Features

Construction
Other
Roof
Other

Community & HOA

Utilities
Cable Not Available
Financing Terms
Cash / Conventional / Other
MLS Area
2320

Schools

Elementary School
Miami Beach Fienberg / Fisher K-8
High School
Miami Beach
Homes for Sale
3
Under Contract
0
Median List Price
$3,950,000
Median $/Sq Ft
$827
Avg Days on Market
9
View all 3 homes for sale in Alton Beach 1st Sub →
How do I schedule a tour of 235 18th Street, Miami Beach, FL 33139?
Use the Tour button on this listing to request a showing of 235 18th Street, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 235 18th Street, Miami Beach, FL 33139 still available?
235 18th Street, Miami Beach, FL 33139 is currently listed as Active, and has been on the market 11 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 235 18th Street, Miami Beach, FL 33139?
With 20% down ($790,000) on the $3,950,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 235 18th Street, Miami Beach, FL 33139 is about $20,759/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 235 18th Street, Miami Beach, FL 33139?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 235 18th Street, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
What schools serve 235 18th Street, Miami Beach, FL 33139?
235 18th Street, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 235 18th Street, Miami Beach, FL 33139?
Often, yes. The right offer on 235 18th Street, Miami Beach, FL 33139 depends on how it's priced against comparable multi-family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Majestic Properties LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

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Listed by Silvana Carvalho, Majestic Properties LLC

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