Adult 55+
Address
1018 Jefferson Avenue, Miami Beach, FL
Price
$ 2,550,000
Property Attributes
- MLS#A11917345
- TypeSingle Family
- Listing Status ActiveUnderContract
- CountyMiami-Dade
- CityMiami Beach
- Area2420
- NeighborhoodOCEAN BEACH ADDN NO 3
- Zip33139
- Style
- Year Built1930
- Taxes$ 63784
- Price$ 2,550,000
- Bedrooms12
- Full Bathrooms11
- Half Bathrooms0
- Sqr Footage4689
- Lot Size0.16 Acres
Data Source:
Beaches MLS (FL)
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 The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval.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.
| Elementary School | High School |
|---|---|
| Miami Beach Fienberg / Fisher K-8 Elementary School | Miami Beach High School |
| Price History | |
|---|---|
| 6/9/2026 | Listed $2,550,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Heating | Central |
| Cooling | Other |
| Possession | Negotiable |
| Roof | Barrel |
| Appliances | Dryer,Microwave |
| Pool Features | InGround |
| Construction Materials | Block |
| Year Built | 1930 |
| Stories Count | 2 |
| Levels | Two |
| Property Subtype | SingleFamilyResidence |
| Tax Year | 2024 |
| County | Miami-Dade |
| New Construction | false |
| Property Type | Residential |
| Association Amenities | None |
| Contingency | Inspection |
| Subdivision Name | OCEAN BEACH ADDN NO 3 |
| Facing Direction | East |
| Garage Y/N | false |
| Total Rooms | 3 |
| Full Baths | 11 |
| Status | ActiveUnderContract |
| High School | Miami Beach |
| City | Miami Beach |
| Senior Community Y/N | true |
| MLS Area | 2420 |
| Elementary School | Miami Beach Fienberg / Fisher K-8 |
| Tax Annual Amount | 63784 |
| Property Condition | Resale |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A11917345 |
| Standard Status | ActiveUnderContract |
| Occupancy Type | CallAgent |
| Property Sub Type Additional | SingleFamilyResidence |
| PostalCity | Miami Beach |
| Legal Description | OCEAN BEACH ADD NO 3 PB 2-81 LOT 6 BLK 89 LOT SIZE 50.000 X 140 OR 23507-0233 06 2005 1 |
Interior Features
| Interior Amenities | UpperLevelPrimary |
|---|---|
| Flooring | Wood |
| Total Stories | 2 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 12 |
| Entry Level | 1 |
| Total Baths | 11 |
Exterior Features
| Exterior Amenities | None |
|---|---|
| Parking Features | Driveway |
| Water Source | Public |
| Lot Size Area | 7000 |
| Building Area Total | 4689 |
| Lot Size Acres | 0.16 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 33139
Price
Taxes
Year Built
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
