Property Details
| Sold Price | $1,800,000 |
|---|---|
| Last Asking Price | $2,550,000 |
| Price per SqFt | — |
| Maintenance fee | Inquire |
| Property Taxes | $63,784 |
| Interior Space | — |
| Beds/Baths | —/— |
| Year Built | 1930 |
| Closed Date | 7/30/2026 |
| MLS # | A11917129 |
Estimated Costs
An estimate of condo or HOA fees and property taxes
Monthly carry is not computed when the association fee or the taxes are not provided.
From the listing
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.
Listed by Dwntwn Realty Advisors LLC
Sales History for This Home · 1018 Jefferson Avenue, Miami Beach, FL 33139
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11917345 | $1,800,000 | 7/30/26 |
| A11146730 | $4,200,000 | 12/14/22 |
| A2159012 | $2,100,000 | 2/1/21 |
| A2159024 | $2,100,000 | 2/1/21 |
| A1652695 | $2,600,000 | 4/4/13 |
Listed by Dwntwn Realty Advisors LLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
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Location
The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.