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1018 Jefferson Ave, Miami Beach FL 33139

House Active With Contract
$2,550,000

BTC: 42.21854305

ETH: 1,599.05686999

-$350K (2026/02/18)
140 days
12 bds
11 ba
4,689 sqft

Overview

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 The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval.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

Florida • Miami Beach • 33139 • House • Active With Contract

Details

Type:
Residential
Parking:
Driveway
Year Built:
1930
Lot:
7000 Square Feet
Heating:
Central
Price/sqft:
$544
Cooling:
Other
HOA:
No Data

Valuation

Recent sales nearby
30 public-records sales within 0.5 mi
Median actual sale: $393K
Not enough MLS comparables for a model estimate on this property. Public-records data shown instead.

Highlights

Annual tax
$63,784
2024
Pool
In Ground
View
None
All facts and features

  • Flooring

    • Wood

    Heating

    • Central

    Cooling

    • Other

    Appliances

    • Dryer

    • Microwave

    Other interior features

    • First Floor Entry

    • Family Room

    • Florida Room

    • Separate Guest/In-Law Quarters

    Bedrooms and bathrooms

    • Bedrooms: 12

    • Full bathrooms: 11

  • Parking

    • Driveway

    Property

    • Exterior Features: None

    Lot

    • Lot: 7000 Square Feet

    Other Property Information

    • Parcel Number: 02-42-03-009-6880

    • Zoning: 3900

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Other financial information

    • Annual tax amount: $63,784

  • Source details

    • MLS ID: A11917345

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Pool Features: In Ground

    • Direction Faces: East

    • Architectural Style: Attached / Two Story

    • Living Area: 4689

    • Water Source: Municipal Water

    • Subdivision Name: OCEAN BEACH ADDN NO 3

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Commercial
0 room(s)
Miami Beach
1018 Jefferson Ave, Miami Beach FL 33139

Market around this address

Live counts in the same area.
View all
This zip
33139
471
median $550K
Active
Same city
Miami Beach
1,141
median $650K
Active
Same type
House
149
median $2.7M
Active
Similar price
$1.8M – $3.3M
120
median $2.4M
Active

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Dwntwn Realty Advisors LLC