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Back 1018 Jefferson Ave
Off Market

1018 Jefferson Ave

Miami Beach FL 33139

12
11
4689 sq. ft.
0.16 ac.
Single-Family
Last sold for $1,800,000
Rayza PerezRayza Perez, last sold this property on 30 July 2026 after 251 days on market.

Overview

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 The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval.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

Features

12 bedrooms
11 bathrooms
4689 sq. ft. floor area
0.16 ac. lot size
Single-Family

Estimated Value

We need at least 3 similar 12 bedroom single-family properties sold in Miami Beach over the last 12 months.

Property history for 1018 Jefferson Ave

2026
Sold
$1,800,000
30 Jul 2026 by Rayza Perez, of Dwntwn Realty Advisors LLC
2021
Sold
$2,100,000
01 Feb 2021 by Susan Gale, of One Sotheby's International Realty

Happy sellers in Miami Beach

89%
89% of sellers in Miami Beach reported that their sale price either exceeded or met their price expectations.

Miami Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Miami Beach over the last 12 months.

Local market activity for 12 bedroom single-family properties in Miami Beach

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