1018 Jefferson Ave ,Hotel for Sale & Rent

1018 Jefferson Ave for Sale & Rent

Price $2,550,000.00

• Lot size 7000
• Year Build 1930
• Waterfront
• Zip 33139
• Style
• Parking Description
• Pool Yes
• Status Active With Contract

Description

The subject property, zoned RM-1, presents a rare value-add opportunity nestled in the heart of South Beach's iconic Art Deco District — one of Miami Beach's most sought-after and high-demand hospitality corridors. The property consists of one private villa and four poolside suites, offering an intimate resort-style configuration ideally suited for short-term rentals, boutique hospitality, or exclusive event hosting. The private villa features 3 spacious bedrooms and 3 bathrooms, accommodating up to 10 guests, while the four poolside suites — each a well-appointed 1 bedroom/1 bathroom unit — can collectively accommodate up to 24 additional guests. Formerly operated as a successful short-term rental via Airbnb, the property's layout and location offer significant income-generating potential for an owner-operator or investor looking to capitalize on South Beach's thriving tourism market. A new owner will need to reapply for a short-term rental license. Offered as-is, this bank-owned asset with deferred maintenance represents an exceptional opportunity to acquire and reposition a unique hospitality property at a compelling basis in one of the most iconic zip codes in the country. Investors with vision and the ability to execute a value-add strategy will find strong upside in both short-term rental income and long-term asset appreciation.

OCEAN BEACH ADD NO 3 PB 2-81 LOT 6 BLK 89 LOT SIZE 50.000 X 140 OR 23507-0233 06 2005 1

The subject property, zoned RM-1, presents a rare value-add opportunity nestled in the heart of South Beach's iconic Art Deco District — one of Miami Beach's most sought-after and high-demand hospitality corridors. The property consists of one private villa and four poolside suites, offering an intimate resort-style configuration ideally suited for short-term rentals, boutique hospitality, or exclusive event hosting. The private villa features 3 spacious bedrooms and 3 bathrooms, accommodating up to 10 guests, while the four poolside suites — each a well-appointed 1 bedroom/1 bathroom unit — can collectively accommodate up to 24 additional guests. Formerly operated as a successful short-term rental via Airbnb, the property's layout and location offer significant income-generating potential for an owner-operator or investor looking to capitalize on South Beach's thriving tourism market. A new owner will need to reapply for a short-term rental license. Offered as-is, this bank-owned asset with deferred maintenance represents an exceptional opportunity to acquire and reposition a unique hospitality property at a compelling basis in one of the most iconic zip codes in the country. Investors with vision and the ability to execute a value-add strategy will find strong upside in both short-term rental income and long-term asset appreciation.

City:Miami Beach,Zoning:3900,List A O R:A-Miami Association of REALTORS,Stories:2,Latitude:25.7810091,List Price:2550000,Listing Id:A11917129,Longitude:-80.137619,Mls Status:Active With Contract,Year Built:1930,Inclusions:Building & Land, Furniture/Fixtures,Postal Code:33139,Street Name:Jefferson Ave,Contingency:Pending Inspections,Coordinates:1:25.7810091,Photos Count:76,Business Type:1:Hotel/Motel,Days On Market:186,Lot Size Units:Square Feet,M I A M I R E_ Area:42,On Market Date:2025-11-19,Parcel Number:02-42-03-009-6880,Property Type:Commercial Sale,Stories Total:2,Street Number:1018,M I A M I R E_ R E O Y N:1,Public Remarks:The subject property, zoned RM-1, presents a rare value-add opportunity nestled in the heart of South Beach's iconic Art Deco District — one of Miami Beach's most sought-after and high-demand hospitality corridors. The property consists of one private villa and four poolside suites, offering an intimate resort-style configuration ideally suited for short-term rentals, boutique hospitality, or exclusive event hosting. The private villa features 3 spacious bedrooms and 3 bathrooms, accommodating up to 10 guests, while the four poolside suites — each a well-appointed 1 bedroom/1 bathroom unit — can collectively accommodate up to 24 additional guests. Formerly operated as a successful short-term rental via Airbnb, the property's layout and location offer significant income-generating potential for an owner-operator or investor looking to capitalize on South Beach's thriving tourism market. A new owner will need to reapply for a short-term rental license. Offered as-is, this bank-owned asset with deferred maintenance represents an exceptional opportunity to acquire and reposition a unique hospitality property at a compelling basis in one of the most iconic zip codes in the country. Investors with vision and the ability to execute a value-add strategy will find strong upside in both short-term rental income and long-term asset appreciation.,County Or Parish:Miami-Dade County,Expiration Date:2026-11-19,List Office Name:Dwntwn Realty Advisors LLC,Standard Status:Active Under Contract,Living Area Units:Square Feet,Major Change Type:Active Under Contract,Postal Code Plus4:4810,Property Sub Type:Hotel/Motel,State Or Province:FL,Tax Annual Amount:63784,Unparsed Address:1018 Jefferson Ave, Miami Beach FL 33139,Listing Agreement:Exclusive Right To Sell,M I A M I R E_ Blogging:1,Building Area Total:4689,Building Area Units:Square Feet,Leasable Area Units:Square Feet,Lot Size Square Feet:7000,M I A M I R E_ Flood Zone:AE,M I A M I R E_ Num Floors:2,Number Of Buildings:2,Original List Price:2900000,Previous List Price:2900000,Public Survey Range:42,I D X Participation Y N:1,M I A M I R E_ Last Status:Active,M I A M I R E_ N A R Rules Y N:1,Syndication Remarks:The subject property, zoned RM-1, presents a rare value-add opportunity nestled in the heart of South Beach's iconic Art Deco District — one of Miami Beach's most sought-after and high-demand hospitality corridors. The property consists of one private villa and four poolside suites, offering an intimate resort-style configuration ideally suited for short-term rentals, boutique hospitality, or exclusive event hosting. The private villa features 3 spacious bedrooms and 3 bathrooms, accommodating up to 10 guests, while the four poolside suites — each a well-appointed 1 bedroom/1 bathroom unit — can collectively accommodate up to 24 additional guests. Formerly operated as a successful short-term rental via Airbnb, the property's layout and location offer significant income-generating potential for an owner-operator or investor looking to capitalize on South Beach's thriving tourism market. A new owner will need to reapply for a short-term rental license. Offered as-is, this bank-owned asset with deferred maintenance represents an exceptional opportunity to acquire and reposition a unique hospitality property at a compelling basis in one of the most iconic zip codes in the country. Investors with vision and the ability to execute a value-add strategy will find strong upside in both short-term rental income and long-term asset appreciation.,Listing Contract Date:2025-11-19,Originating System I D:miamire,Street Number Numeric:1018,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,M I A M I R E_ Current Price:2550000,Public Survey Township:42,Originating System Name:Miami Association of REALTORS®,M I A M I R E_ Internet Remarks:RM-1 villa + 4 suites in South Beach’s Art Deco District. Sleeps 34. Ideal for STR/events. Former Airbnb—buyer must reapply for STR license.,M I A M I R E_ Parcel Number M L X:6880,M I A M I R E_ Street View Param:1$25.781001$-80.137702$315.58$13.33$1.00$-w-jPmFkOZi4fiyz3_Vvfw,Contract Status Change Date:2026-04-16,Internet Address Display Y N:1,Number Of Units In Community:1,Internet Consumer Comment Y N:1,M I A M I R E_ Ok To Advertise List:No,M I A M I R E_ Subdivision Number:9,M I A M I R E_ Agent Alternate Phone:786-325-9928,Internet Entire Listing Display Y N:1,M I A M I R E_ Address Internet Display:1018 Jefferson Ave,Internet Automated Valuation Display Y N:1,