1018 Jefferson Ave

1018 Jefferson Ave Miami Beach 33139
12 bedrooms | 11 bathroom | 0 half bath | 4,689 sqft

$2,550,000

Property Details

MLS #
A11917345
Unit #
Address
1018 JEFFERSON AVE  map  
Bedrooms
12
Bathrooms
11
Living Area (f2)
4,689
Living Area (M2)
436
Lot Size (f2)
7,000
Year Built
1930
Waterfront
Status
Listing Type
Single Family
Maintenance Fee
$0
Complex
OCEAN BEACH ADDN NO 3
Days On Market
183
Pool
Yes
Pets Allowed
N/A
Parking Spaces
0

Corey Schwartz

Broker Associate
Gravity Real Estate

 305-726-2100 

Inquire About this Property

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 The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval.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.

Property Amenities

Equipment

  • Dryer
  • Microwave

Interior Features

  • First Floor Entry
  • Family Room
  • Florida Room
  • Separate Guest/In-Law Quarters

Exterior Features

  • None

Similar Properties

Address Unit # Price %Chng Bed/Bath
1231 Pennsylvania Ave $259,000 1/1
240 Collins Ave $385,000 1/1
234 SE 3rd Ter $515,000 2/2
507 NW 8th Ave #1 $579,900 3/2
507 NW 8th Ave #2 $579,900 3/2
1405 Lenox Ave $2,200,000 4/2
1255 Lenox Ave $2,300,000 3/3
1335 Lenox Ave $2,499,000 5/3
1018 Jefferson Ave $2,550,000 12/11

Recent Sales

Unit # Closed Date Sold Price List Price Bed Bath
01/13/2026 $1,200,000 $1,499,000 3 2

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Corey Schwartz | Broker Associate | Gravity Real Estate
Gravity Real Estate is an independent real estate brokerage servicing the South Florida real estate community
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Equal Housing Opportunity  Realtor®