The subject property, zoned RM-1, presents a rare value-add opportunity nestled in the heart of South Beach’s iconic Art Deco District — one of Miami Beach’s most sought-after and high-demand hospitality corridors. The property consists of one private vill

1018 JEFFERSON AVE, Miami Beach

$2,550,000 USD
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Address1018 JEFFERSON AVE, Miami Beach
Type of PropertyHotel / Motel
Type of BusinessCommercial / Residential Income, Hotel / Motel
Price$2,550,000
Previous Price$2,900,000 (5 days ago)
Property StatusActive
MLS NumberA11917129
Property Size7000
Lot Size7000
Year Built1930
Folio Number02-42-03-009-6880
Zoning Information3900
Days on Market47

Detailed Description: The subject property, zoned RM-1, presents a rare value-add opportunity nestled in the heart of South Beach’s iconic Art Deco District — one of Miami Beach’s most sought-after and high-demand hospitality corridors. The property consists of one private villa and four poolside suites, offering an intimate resort-style configuration ideally suited for short-term rentals, boutique hospitality, or exclusive event hosting. The private villa features 3 spacious bedrooms and 3 bathrooms, accommodating up to 10 guests, while the four poolside suites — each a well-appointed 1 bedroom / 1 bathroom unit — can collectively accommodate up to 24 additional guests. Formerly operated as a successful short-term rental via Airbnb, the property’s layout and location offer significant income-generating potential for an owner-operator or investor looking to capitalize on South Beach’s thriving tourism market. A new owner will need to reapply for a short-term rental license. Offered as-is, this bank-o

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address1018 JEFFERSON AVE
Zip Code (4 Digits)4810
Financial Information
Price$2,550,000
Price per Foot$0
Previous Price$2,900,000
Folio Number02-42-03-009-6880
Tax Amount$63,784
Full Descriptions
Detailed DescriptionThe subject property, zoned RM-1, presents a rare value-add opportunity nestled in the heart of South Beach’s iconic Art Deco District — one of Miami Beach’s most sought-after and high-demand hospitality corridors. The property consists of one private villa and four poolside suites, offering an intimate resort-style configuration ideally suited for short-term rentals, boutique hospitality, or exclusive event hosting. The private villa features 3 spacious bedrooms and 3 bathrooms, accommodating up to 10 guests, while the four poolside suites — each a well-appointed 1 bedroom / 1 bathroom unit — can collectively accommodate up to 24 additional guests. Formerly operated as a successful short-term rental via Airbnb, the property’s layout and location offer significant income-generating potential for an owner-operator or investor looking to capitalize on South Beach’s thriving tourism market. A new owner will need to reapply for a short-term rental license. Offered as-is, this bank-o
Property parameters
Living Area7000
Lot Size7000
Total Acreage0.000
Zoning Information3900
Maximum Leasable Size7000
Year Built1930
Type of PropertyHotel / Motel
Type of BusinessCommercial / Residential Income, Hotel / Motel
Construction TypeConcrete Block Construction
Stories Number2
Listed withDwntwn Realty Advisors LLC