$2,550,000

$544/sq ft

$350,000
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Overview

Bedroom

12

Bath

11

Year Built

1930

Sqft

4689

Property Type

Single Family Residence

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. 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 Details

MLS#

A11917345

Address

1018 Jefferson Ave

City

Miami Beach

State/county

FL

Zip/Postal Code

33139

Area

Ocean Beach Addn No 3

Country

United States

HOA

No

Assoc Fee

$--

Assoc Fee Pd

Tax Amount

$63,784

Maint Fee

$--

Tax Year

2024

Dryer

Microwave

None

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Boris Gelfand