Home in 1018 Jefferson Ave Miami Beach for sale with MLS# A11917345

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.

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1018 Jefferson Ave, Miami Beach, FL 33139

Price
Price:
$2,550,000.00
Previous Asking Price:
$2,900,000.00
Original List Price:
$2,900,000.00
Property Status and Type
Listing Type:
For Sale
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Pending Inspections
Special Sale Conditions:
Real Estate Owned (REO) Lender/Bank Owned
Listing Category:
Residential
Property Type:
Single Family House
MLS Number:
A11917345
Description of Last Important Update:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Last Major Update on:
April 16, 2026 10:26 am
Rooms Distribution
Bedrooms:
12
Bathrooms Total:
11
Full Bath:
11
Room Type:
Florida Room, Family Room, Guest Quarters, In Law Suite
Measures
Living Area:
4,689 Sqft
Built-Up Area:
4,689 Sqft
Lot Area:
7,000 Sqft
Lot Size Unit:
Square Feet
Lot Features:
Less Than Quarter Acre
Property Features
Waterfront:
No
Swimming Pool Features:
Pool, In Ground
Appliances:
Dryer, Microwave
Interior:
First Floor Entry, Upper Level Primary
Air Conditioning System:
Other
Heating
Heating System:
Central
Property Entrance Faces:
East
Construction
Year Built:
1930
Year Built Details:
Resale
Roof:
Barrel
Architectural Style:
Two Story
Levels:
Two
Construction Materials:
Block
Flooring:
Wood, Hardwood
Stories:
2
Taxes and Expenses
Tax Annual Amount:
$63,784.00
Tax Year:
2024
Property Tax Status:
Tax Reflects City & County Tax
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Driveway
Utilities
Sewer:
Public Sewer
Water Source:
Public
Community
Subdivision Name:
OCEAN BEACH ADDN NO 3
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Call Agent
Buyer Possession:
Closing And Funding
Lease Considered:
No
Zoning and Legal
Tax 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
Real Estate Folio Number (Parcel Number):
02-42-03-009-6880
Zoning Description:
3900
Public Schools Assigned
High School:
Miami Beach
Middle Or Junior School:
Nautilus
Listing History
Originally published on:
November 20, 2025 3:13 pm
Active on the market since:
November 20, 2025
Price change occurred on:
February 17, 2026 9:19 pm
Listing Status Last Changed On:
April 16, 2026 10:26 am
Photos updated on:
November 20, 2025 8:27 pm
Last Modified:
April 16, 2026 3:02 pm
Additional Information
Housing Older Persons Act:
Unverified
Flood Zone:
AE
Type of Association:
None
Rooms Description:
Family Room, Florida Room, Separate Guest/In-Law Quarters
Style:
Pool Only
Municipal Code:
2
Subdivision Number:
9
Courtesy of:
Dwntwn Realty Advisors LLC
Attribution:
Not provided
Location
Street Name:
Jefferson Ave
Street Number:
1018
City:
Miami Beach
State:
Florida
Zip Code:
33139
County:
Miami-Dade
Latitude:
N25° 46' 51.6''
Longitude:
W81° 51' 44.6''
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $63,368
Median Home Value $480,500
Median Rent $1,745/mo
Median Age 42
Population 34,406

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 50 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.