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$2,550,000 Sale Pending

  • For Sale
  • Pending
  • Single Family
  • 12 Beds
  • 11 Full Baths
  • 4,689 Sq. Ft.
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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 The existing hotel license is no longer valid - any new owner must independently apply for all required licenses and permits with no guarantee of approval.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.

Full Property Details for 1018 Jefferson Ave

General

  • Price: $2,550,000
  • Taxes: $63,784 (2024)
  • Status: Pending
  • Type: Single Family
  • Source: Greater_Miami
  • MLS ID: A11917345
  • Updated: 6/24/2026
  • Added to Site: 248 day(s) ago

Interior

  • Interior Features: First Floor Entry, Family Room, Florida Room, Separate Guest/In-Law Quarters
  • Appliances: Dryer, Microwave
  • Flooring: Wood

Rooms

Bathrooms

  • Total Bathrooms: 11
  • Full Bathrooms: 11

Bedrooms

  • Total Bedrooms: 12
  • Bedroom Features: Primary Bedroom Upstairs

Other Rooms

  • Living Room: Family Room, Florida Room, Sq. Ft.

Additional Information

  • Pool: Yes
  • Pool Description: In Ground

Exterior

  • Exterior Features: None

Parking

  • Parking Features: Driveway

Location

  • Area: Ocean Beach Addn No 3
  • County: Miami-Dade County
  • Subdivision: OCEAN BEACH ADDN NO 3
  • Building Name: OCEAN BEACH ADDN NO 3
  • Direction Faces: East

School Information

  • Middle School: Nautilus
  • High School: Miami Beach

Community

  • Community Name: Ocean Beach Addn No 3

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Other
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Municipal Water

Structural Information

  • Architectural Style: Attached, Two Story
  • Structure Type: Pool Only, House
  • Detached/Attached: Detached
  • Construction: Concrete Block Construction
  • Roof: Barrel Roof
  • Building Size: 4689
  • Square Feet: 4,689
  • Living Area: 4,689 Sq. Ft.
  • Year Built: 1930

Lot Features

  • Property View: None
  • Lot Size (Sq. Ft.): 7,000
  • Lot Features: Less Than 1/4 Acre Lot
  • Zoning: 3900

Financial Considerations

  • Price Per Sq. Ft.: $543.83
  • Tax Amount: $63,784
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • 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
  • Restrictions: No Restrictions
  • Property ID: 02-42-03-009-6880

Listed by Dwntwn Realty Advisors LLC

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Listing agent

— 1018 Jefferson Ave —

  • Dwntwn Realty Advisors LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1018 Jefferson Ave

School District:Dade County School District
NameGradesDistance
Fienberg/Fisher K-8 Center
1420 Washington Avenue, Miami Beach, FL 33139
PK-50.5 mi
Nautilus Middle School
4301 N Michigan Ave, Miami Beach, FL 33140
6-82.3 mi
Miami Beach Senior High School
2231 Prairie Avenue, Miami Beach, FL 33139
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1018 Jefferson Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/17/2026
Price Reduced
$2,550,000
-12.07%
MLS
11/20/2025
Listed
$2,900,000
-30.95%
MLS
12/14/2022
Sold
$4,200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1018 Jefferson Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$63,784
—
$3,400,000
—
2024
$63,890
-4%
$3,400,000
-4%
2023
$66,611
97%
$3,525,000
96%
2022
$33,821
-3%
$1,800,000
—
2021
$34,755
—
$1,800,000
-28%
2021
$34,755
-18%
$2,500,000
14%
2019
$42,633
3%
$2,200,000
—
2018
$41,369
-1%
$2,200,000
—
2017
$41,895
-5%
$2,200,000
—
2016
$44,198
12%
$2,200,000
10%
2015
$39,625
-2%
$2,000,000
—
2014
$40,635
91%
$2,000,000
93%
2013
$21,260
—
$1,037,963
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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with our affiliated lender
NMLS#: 1598647

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Listed by Dwntwn Realty Advisors LLC

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1018 Jefferson Ave, Miami Beach, FL 33139 (MLS# A11917345) is a Single Family property with 12 bedrooms and 11 full bathrooms. 1018 Jefferson Ave is currently listed for $2,550,000 and was received on November 20, 2025. Want to learn more about 1018 Jefferson Ave? Do you have questions about finding other Single Family real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

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