1018 Jefferson Ave, Miami Beach, FL 33139

Description of 1018 Jefferson Ave, Miami Beach, FL 33139

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.

Property Details for 1018 Jefferson Ave, Miami Beach, FL 33139

Pool Private

No

Building Information for 1018 Jefferson Ave, Miami Beach, FL 33139

Building Area Total

4689

Building Area Units

Square Feet

Stories

2

Stories Total

2

Association

No

Property Information for 1018 Jefferson Ave, Miami Beach, FL 33139

Lot Size Square Feet

7,000

Waterfront

No

View

No

Construction Materials

Concrete Block Construction

New Construction

No

Public Records for 1018 Jefferson Ave, Miami Beach, FL 33139

Parcel Number

02-42-03-009-6880

Tax Annual Amount

$63,784

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

Zoning

3900

County Or Parish

Miami-Dade County

Location