1018 Jefferson Avenue Miami Beach FL 33139

Foreclosure - Adult 55+

Address

1018 Jefferson Avenue, Miami Beach, FL

Listing Type

Active Under Contract

Price

$ 2,550,000

Your Agent

Darci Margeson

Homes by Darci | REALTOR®

561-701-3223

Property Attributes

MLS#A11917345
TypeSingle Family
Listing Status Active Under Contract
CountyMiami-Dade
CityMiami Beach
Area2420
NeighborhoodOCEAN BEACH ADDN NO 3
Zip33139
Style
Year Built1930
Taxes$ 63784
Price$ 2,550,000
Bedrooms12
Full Bathrooms11
Half Bathrooms0
Sqr Footage4689
Lot Size0.16 Acres

Data Source:

Beaches MLS (FL)

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 The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval.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

Elementary School	High School
Miami Beach Fienberg / Fisher K-8 Elementary School	Miami Beach High School

Price History
6/9/2026	Listed $2,550,000

General Features

Sewer	Public Sewer
Heating	Central
Cooling	Other
Possession	Negotiable
Roof	Barrel
Appliances	Dryer,Microwave
Pool Features	In Ground
Construction Materials	Block
Year Built	1930
Stories Count	2
Levels	Two
Property Subtype	Single Family Residence
Tax Year	2024
County	Miami-Dade
New Construction	false
Property Type	Residential
Association Amenities	None
Contingency	Inspection
Subdivision Name	OCEAN BEACH ADDN NO 3
Facing Direction	East
Garage Y/N	false
Total Rooms	3
Full Baths	11
Status	Active Under Contract
High School	Miami Beach
City	Miami Beach
Senior Community Y/N	true
MLS Area	2420
Elementary School	Miami Beach Fienberg / Fisher K-8
Tax Annual Amount	63784
Property Condition	Resale
Virtual Tour	https://www.propertypanorama.com/instaview/mia/A11917345
Standard Status	Active Under Contract
Occupancy Type	Call Agent
Property Sub Type Additional	Single Family Residence
PostalCity	Miami Beach
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

Interior Features

Interior Amenities	Upper Level Primary
Flooring	Wood
Total Stories	2
Air Conditioning Y/N	true
Heating Y/N	true
Total Bedrooms	12
Entry Level	1
Total Baths	11

Exterior Features

Exterior Amenities	None
Parking Features	Driveway
Water Source	Public
Lot Size Area	7000
Building Area Total	4689
Lot Size Acres	0.16
Waterfront Y/N	false