1018 Jefferson Ave, Miami Beach, FL 33139

Description

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.