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 reconver

1018 JEFFERSON AVE, Miami Beach

$2,550,000 USD 12 11
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Address1018 JEFFERSON AVE, Miami Beach
Building NameOCEAN BEACH ADDN NO 3
Type of PropertySingle Family Residence
Property StylePool Only
Price$2,550,000
Previous Price$2,900,000 (5 days ago)
Property StatusActive
MLS NumberA11917345
Bedrooms Number12
Full Bathrooms Number11
Living Area4689
Lot Size7000
Year Built1930
Folio Number02-42-03-009-6880
Zoning Information3900
Days on Market131

Detailed 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. Ideal as a private compound, multi-generational residence, or versatile investment. This is a bank owned property. Buyer must conduct their own due diligence.

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Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address1018 JEFFERSON AVE
Section3
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
Tax Year2024
Full Descriptions
Detailed DescriptionLocated 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. Ideal as a private compound, multi-generational residence, or versatile investment. This is a bank owned property. Buyer must conduct their own due diligence.
Property ViewNone
Design DescriptionAttached, Two Story
Roof DescriptionBarrel Roof
Floor DescriptionWood
Interior FeaturesFirst Floor Entry, Family Room, Florida Room, Separate Guest / In-Law Quarters
Exterior FeaturesNone
Equipment AppliancesDryer, Microwave
Pool DescriptionIn Ground
Cooling DescriptionOther
Heating DescriptionCentral
Water DescriptionMunicipal Water
Sewer DescriptionPublic Sewer
Parking DescriptionDriveway
Property parameters
Bedrooms Number12
Full Baths Number11
Living Area4689
Lot Size7000
Zoning Information3900
Year Built1930
Type of PropertySingle Family Residence
StylePool Only
Building NameOCEAN BEACH ADDN NO 3
Development NameOCEAN BEACH ADDN NO 3
Construction TypeConcrete Block Construction
Listed withDwntwn Realty Advisors LLC