Multifamily in Miami Beach, FL 33139235 18th St
$3,950,000
Beds
4,779
SqFt$827
$/SqFtMultifamilyProperty Type
1937Year Built
$827/SqFtPrice per sq ft
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 Courtesy Of: Majestic Properties LLC
Local Realty Services Provided By: Best of Luxury Realty
On Site: 170 DaysUpdated: 170 Days agoPage Views: 0
Features
MLS Number: A12022142
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Other
- Cooling Description: CentralAir,Other
Building and Construction
- Floor Description: Other
- Windows/Treatment: Other
- Year Built: 1937
- Year Built Description: Effective Year Built
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2026-05-20T19:39:14.000-00:00
Taxes, Fees & More
- Taxes: 37604
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
05/19/2026
Listed
$4M
$827 ft2
$8,897 m2
05/19/2026
$4M
Event
Listed
Price Per
$827 ft2
$8,897 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Silvana Carvalho • Majestic Properties LLC • Buyer Agency Compensation .
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