$3,950,000
Active
$3,950,000
939 47th
Miami Beach, FL 33140
5 bd4 ba3,630 sqft
Nautilus Addn
$3,950,00011 days on marketActive
235 18th Street, Miami Beach, FL 33139
Miami Beach, FL 33139
4,779
Sq Ft
$827
$/Sq Ft
1937
Year Built
Listing Snapshot
| List Price | $3,950,000 |
| Price / Sq Ft | $827 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 4,779 sqft |
| Year Built | 1937 |
| Property Tax | $37,604/yr |
| MLS # | 1169148948 |
| Status | Active |
| Days on Market | 11 |
About This Home
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.
General Features
- Property Type
- ResidentialIncome
- Stories
- 2
- Zoning
- 4000
- Utilities
- CableNotAvailable
- Subdivision
- ALTON BEACH 1ST SUB
Interior Features
- Flooring
- Other
- Heating
- Other,SeparateMeters
- Cooling
- CentralAir,Other
Exterior Features
- Construction
- Other
- Roof
- Other
- Pool
- No
- Waterfront
- No
Community Features
- MLS Area
- 2320
Schools
ElementaryMiami Beach Fienberg / Fisher K-8
HighMiami Beach
Map
Virtual Tour
View Virtual TourListed by Silvana Carvalho · Majestic Properties LLC
MLS# 1169148948 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1169148948 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $3,160,000
%
Est. Monthly$24,690
Principal & Interest$21,557
Property Tax$3,134
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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