1018 Jefferson Ave, Miami Beach, FL 33139
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1018 Jefferson Ave, Miami Beach, FL 33139
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
Est.Price: ?

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1018 Jefferson Ave Miami Beach, FL 33139

4,689 SqFt

SOLD DATE : 07/30/2026

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Sold

Purchase Type For Sale

Square Footage 4,689 sqft

Price per Sqft $383

MLS Listing ID A11917129

Sold Date 07/30/26

HOA Y/N No

Year Built 1930

Annual Tax Amount $63,784

Contingent No Contingencies

Lot Size 7,000 Sqft

Property Sub-Type Hotel/Motel

Property 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-owned asset with deferred maintenance represents an exceptional opportunity to acquire and reposition a unique hospitality property at a compelling basis in one of the most iconic zip codes in the country. Investors with vision and the ability to execute a value-add strategy will find strong upside in both short-term rental income and long-term asset appreciation.

Location

State FL

County Miami-dade

Area 42

Zoning 3900

Exterior

Private Pool Yes

Building

Story 2

Level or Stories Two

Structure Type Block

Others

Tax ID 02-42-03-009-6880

Financing 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
Michael Sanson

Michael Sanson

Global Real Estate Advisor License ID: 3334375

+1(786) 290-6500

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