1018 Jefferson Ave, Miami Beach, FL 33139
1018 Jefferson Ave, Miami Beach, FL 33139
1018 Jefferson Ave, Miami Beach, FL 33139
$2,550,000
Est. payment /mo
12 Beds
11 Baths
4,689 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 4,689 sqft

Price per Sqft $383

Subdivision Ocean Beach Addn No 3

MLS Listing ID A11917345

Style Two Story

Bedrooms 12

Full Baths 11

Year Built 1930

Annual Tax Amount $63,784

Tax Year 2024

Lot Size 7,000 Sqft

Property Sub-Type Single Family Residence

Property Description

Located in the heart of South Beach's Art Deco District, this RM-1–zoned former boutique hotel offers rare flexibility. The property features a spacious 3-bed/3-bath private villa plus four 1-bed/1-bath poolside suites. The main villa can be reconverted into a single-family home, while the poolside suites offer potential for cabanas, guest rooms, or in-law quarters. Previously operated as an Airbnb (license inactive), the property remains a strong candidate for future short-term rentals with a buyer reapplying, license not guaranteed. Ideal as a private compound, multi-generational residence, or versatile investment. This is a bank owned property. Buyer must conduct their own due diligence.This is a vacant former hotel offered as-is by a lender following foreclosure. The property has been vacant for an unknown period. The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval. The lender has no historical knowledge of the property's prior operations, financials, or condition. Brokers and their agents make no representations or warranties of any kind regarding the property. No information provided should be relied upon without independent verification. All buyers must perform their own due diligence on all aspects of the property. Brokers are not liable for any inaccuracies or omissions.

Location

State FL

County Miami-dade

Community Ocean Beach Addn No 3

Area 42

Interior

Heating Central

Cooling Other

Flooring Hardwood, Wood

Exterior

Exterior Feature None

Pool In Ground, Pool

View Y/N No

View None

Roof Type Barrel

Building

Lot Description < 1/4 Acre

Story 2

Sewer Public Sewer

Water Public

Structure Type Block

Schools

Middle Schools Nautilus

High Schools Miami Beach

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Real Estate Owned

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Miami Association of Realtors (SEFMIAMI MLS)
Listed by Dwntwn Realty Advisors LLC
Bought with Yarlex International Realty

NEARBY SCHOOL & BUSINESS

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Maria Kunigonis

Maria Kunigonis

+1(305) 300-8164

Broker Associate | BK3327478

Broker Associate BK3327478

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1018 Jefferson Ave