ALTON BEACH 1ST SUB
235 18th St, Miami Beach FL 33139
4,779 ft²
$3,950,000
Est. Payment $21,024/mo
4,779
Sq. Ft.
1937
Year Built
2
Stories
17
Days on Market
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.
Facts
- MLS#
- A12022142
- Subdivision
- ALTON BEACH 1ST SUB
- Property Type
- Residential Income
- Property Sub Type
- Income/MultiFamily
- Year Built
- 1937
- Lot Size
- 0 sqft
- Sq. Ft.
- 4,779 ft²
- Sq. Mt.
- 444 m²
- Price per sq. ft.
- $827/ft²
- Price per sq. mt.
- $8,896/m²
- Stories
- 2
- Garage
- —
- Pool
- —
- Days on Market
- 17 days
- Listed
- May 20, 2026
- Last Updated
- May 21, 2026
- Price/Lot Sq.Ft.
- —
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Market insights for Miami Beach
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
37
Median days to sold
+4.5%
1-year price forecast (est.)
Price & tax history
From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).
| 5/20/2026 | Listed for sale | $3,950,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Allapattah Flats K-8PK,KG,1,2,3,4,5,6,7,8 · public · 2.5 mi
- St. Lucie Virtual Instruction Program
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 2.5 mi
- Somerset Career Academy
6,7,8,9,10,11,12 · charter · 2.9 mi
- Somerset College Prep Academy
6,7,8,9,10,11,12 · charter · 2.9 mi
- Grace Christian Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 3.0 mi
- Grace Christian Academy of St. Lucie County, Inc
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12,UG · private · 3.0 mi
- Homebound Program
KG,1,2,3,4,5,6,7,8,9,10,11,12 · public · 3.7 mi
- Sunlight Christian Academy Upper School, PGA Village
6,7,8,9,10,11 · private · 3.9 mi
- Baron Academy
1,2,3,4,5,6 · private · 3.9 mi
- Barnabas Christian Academy
KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 4.0 mi
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$24,465/mo
Principal & Interest
$21,024
Property Tax
$3,292
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.
Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.
Updated within 24 hours
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