For Sale
$3,950,000

1018 Jefferson Ave Miami Beach, FL 33139

Luxury Villa, 4 Apartments, Pool

Overview

Added:
Dec 11, 2024
Days on market:
138
Exceptional investment opportunity in Miami Beach! This stunning property combines a luxurious two-story villa (3 bedrooms, 2.5 baths, central AC) with four independent apartments, each featuring one bedroom, one bath, and a kitchenette. The 4,689 square foot property sits on a 7,500 square foot lot and includes a heated swimming pool. Built in 1930 and renovated in 2021, this Class B property offers versatile options: a private residence, multi-family rental, or a bed and breakfast (license requires reinstatement). On-site parking accommodates up to three vehicles. The property is ideally located steps from Flamingo Park, Ocean Drive, and the beach, with easy access to shops, restaurants, and schools. It's also conveniently located 20 minutes from Miami International Airport. The permitted zoning is 3900 multi-family 38.62 U/A. Currently vacant, this value-add residential income property presents significant upside potential. Asking price: $3,950,000 ($842.40/sq ft).

Highlights

  • 1018 Jefferson Avenue, Miami Beach, FL 33139
  • 4,689 SF living area on a 7,000 SF lot
  • Parking for up to three vehicles
  • Two-story villa with 3 bedrooms and 2.5 bathrooms
  • Heated pool and four 1-bedroom/1-bathroom apartments, each with a kitchenette
  • Built in 1930, renovated in 2021

Property Details for 1018 Jefferson Ave

Property type
Hospitality properties
Square Feet
4,689 SF
Class
B
Year Built/Renovated
1930/2021
Stories
2

Location Insight

City
Miami Beach
County
Miami-Dade
State
Florida
Latitude
25.7809959
Longitude
-80.1376289

FAQs

What type of property is this?
Hospitality property - Luxury Villa, 4 Apartments, Pool
Where is the hospitality property located?
The property is located at 1018 Jefferson Ave Miami Beach, FL.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: 1018 Jefferson Avenue, Miami Beach, FL 33139; 4,689 SF living area on a 7,000 SF lot; Parking for up to three vehicles
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1018 Jefferson Ave
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