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. Ideal as a private compound, multi-generational residence, or versatile investment. This is a bank owned property. Buyer must conduct their own due diligence.
Property Details
Price:
$2,550,000
MLS #:
A11917345
Status:
Active
Beds:
12
Baths:
11
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
OCEAN BEACH ADDN NO 3
Neighborhood:
oceanbeachaddnno3
Listed Date:
Nov 20, 2025
Finished Sq Ft:
4,689
Total Sq Ft:
4,689
Year Built:
1930
See this Listing
Schools
Middle School:
Nautilus
High School:
Miami Beach
Interior
Appliances
Dryer, Microwave
Bathrooms
11 Full Bathrooms
Cooling
Other
Flooring
Wood
Heating
Central
Exterior
Architectural Style
Attached, Two Story
Community Features
None
Construction Materials
Concrete Block Construction
Exterior Features
None
Parking Features
Driveway
Roof
Barrel Roof
Financial
Tax Year
2024
Taxes
$63,784
Map
Community
- Address1018 Jefferson Ave Miami Beach FL
- SubdivisionOCEAN BEACH ADDN NO 3
- CityMiami Beach
- CountyMiami-Dade County
- Zip Code33139
Market Summary
Current real estate data for Single Family in Miami Beach as of Mar 06, 2026
374
Single Family Listed
181
Avg DOM
2,070
Avg $ / SqFt
$10,673,961
Avg List Price
Property Summary
- Located in the OCEAN BEACH ADDN NO 3 subdivision, 1018 Jefferson Ave Miami Beach FL is a Single Family for sale in Miami Beach, FL, 33139. It is listed for $2,550,000 and features 12 beds, 11 baths, and has approximately 4,689 square feet of living space, and was originally constructed in 1930. The current price per square foot is $544. The average price per square foot for Single Family listings in Miami Beach is $2,070. The average listing price for Single Family in Miami Beach is $10,673,961.
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