Share this with your friends
305-901-5880 (Office)
Real Estate Company
235 18th St, Miami Beach, FL 33139
- $3,950,000
- 4,779
- SqFt
- List Price
- $3,950,000
- MLS
- A12122588
- Complex Name
- Alton Beach 1st Sub
- Status
- ACTIVE
- Type
- Multifamily
- Living Area
- 4,779
Property Description
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.
/u.realgeeks.media/resivestrealty/logo_dropbox.png){kind=logo}
Additional Information
- Days on Market
- 0
- Style
- Quadruplex, Fourplex
- Year Built
- 1937
- Development Name
- Alton Beach 1st Sub
- #Stories
- 2
- Construction Type
- Other
- Section
- 34
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing Courtesy of Majestic Properties LLC, Contact: