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| Sold Price | $1,800,000 |
|---|---|
| Last Asking Price | $2,550,000 |
| Price per SqFt | $384 |
| Maintenance fee | Inquire |
| Property Taxes | $63,784 2024 |
| Interior Space | 4,689 SqFt |
| Beds/Baths | 12/11 |
| Year Built | 1930 |
| Garage | 0 spaces |
| Pool | Yes |
| Lot Size | 0.16 acres |
| Closed Date | 7/30/2026 |
| MLS # | A11917345 |
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
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 The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval.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.
Listed by Dwntwn Realty Advisors LLC
Sales History for This Home · 1018 Jefferson Avenue, Miami Beach, FL 33139
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11917129 | $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.
