235 18th Street, Miami Beach, Florida 33139 USA

$3,950,000 Single Family MLS® A12122588

Living Area
4,779

HOA Fees
$0
Year Built
1937

Subdivision
ALTON BEACH 1ST SUB
Community
ALTON BEACH 1ST SUB

About this Property

Fully renovated 12-unit boutique hotel located steps from the beach and Lincoln Road in Miami Beach’s rapidly evolving Collins Park district. Renovated in 2015 and currently operated as a boutique hotel under a master lease through 2034, generating stable in-place income. Buyers seeking direct management have the flexibility to terminate the lease prior to closing, unlocking operational and revenue upside. Surrounded by luxury hotels, the Convention Center, Collins Avenue, and over $4 billion in ongoing residential, hospitality, retail, and infrastructure investment. **A rare opportunity to secure a licensed hospitality asset with immediate income and long-term growth potential in a prime Miami Beach location. Request the Offering Memorandum for financial details and investment terms.

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Disclaimer

MIAMI Association of REALTORS® is not responsible for the accuracy of the information listed above. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program and the South East Florida Regional MLS and is provided here for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than the office owning this website are marked with the IDX logo and detailed information about them includes the name of the listing brokers. Data provided is deemed reliable but not guaranteed. Copyright MIAMI Association of REALTORS®, MLS All rights reserved. This property is courtesy of Majestic Properties LLC.

$3,950,000

Living Area
4,779
HOA Fees
$0
Year Built
1937
Subdivision
ALTON BEACH 1ST SUB
Community
ALTON BEACH 1ST SUB

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