235 18th St, Miami Beach FL 33139 | Miami-Dade County | A12022142

This property is a fully renovated 12-unit licensed hospitality building located at 235 18th St, Miami Beach, FL 33139. It's part of the Alton Beach 1st Sub subdivision and sits in the heart of the Collins Park district, just steps from the beach and the east end of Lincoln Road. The building was renovated in 2015 and is currently operating under a master lease structure, providing a stable source of income. It is currently licensed for hospitality use and offers potential for operational improvements and revenue growth through direct management. The property occupies 4,779 square feet and is built in 1937. The location benefits from proximity to major Miami Beach attractions such as luxury hotels, the Convention Center, Collins Avenue, and Ocean Drive. The area is experiencing significant investment, with over $4 billion being poured into luxury residential, hospitality, retail, and infrastructure projects. This ongoing development supports strong long-term value and continued demand in the hospitality sector. An Offering Memorandum is available upon request for more detailed information about the property and its operational potential.