235 18th St, Miami Beach FL 33139
Miami Beach, FL 33139
$3,950,000
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- Price
- $3,950,000
- Square feet
- 4,779
- Property type
- Quadruplex
- Year built
- 1937
- MLS number
- A12122588
This listing is courtesy of Majestic Properties LLC, 305-988-2269.
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.
Details
- Property type
- Quadruplex
- Year built
- 1937
Location
Listing information is deemed reliable but is not guaranteed accurate by MIAMI REALTORS®.
Newmar Brokerage, LLC