$1,800,000
Sold · July 30, 2026
1018 Jefferson Avenue
Miami Beach, FL 33139
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $1,800,000
- Vs. list price
- 29.4% under
- Days on market
- 147
- Price per sq ft
- $384
This 12-bedroom single-family home in Ocean Beach Addn No 3 sold for $1,800,000 on July 30, 2026. That was 29.4% below its final list price of $2,550,000. It first came on the market at $2,900,000, so the price was adjusted before it sold. It spent 147 days on the market. At $384 per square foot, it closed 51.5% below the $791 median of the 4 other single-family home sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,800,000
- Sold On
- July 30, 2026
- Days on Site
- 147 Days
- Bedrooms
- 12
- Total Baths
- 11
- Full Baths
- 11
- Partial Baths
- 0
- Living Area
- 4,689 sqft
- Total Sq Ft
- 4,689 sqft
- Lot Size
- 0.16 Acres
- Year Built
- 1930
- Property Type
- Single Family
- MLS #
- A11917345
- Property Tax
- $63,784 (2024)
- Subdivision
- OCEAN BEACH ADDN NO 3
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Real Estate Owned
About This Property
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, license not guaranteed. Ideal as a private compound, multi-generational residence, or versatile investment. This is a bank owned property. Buyer must conduct their own due diligence.This is a vacant former hotel offered as-is by a lender following foreclosure. The property has been vacant for an unknown period. The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval. The lender has no historical knowledge of the property's prior operations, financials, or condition. Brokers and their agents make no representations or warranties of any kind regarding the property. No information provided should be relied upon without independent verification. All buyers must perform their own due diligence on all aspects of the property. Brokers are not liable for any inaccuracies or omissions.
Virtual TourGeneral Features
- Property Type
- Single Family
- Status
- Sold
- Year Built
- 1930
- Property Condition
- Resale
- Number of Stories
- 2
- Levels
- Two
- Garage Spaces
- 0
- Parking
- Driveway
- Direction Faces
- East
- Lot Size (Acres)
- 0.16
- Living Sq Ft
- 4,689
- Total Sq Ft
- 4,689
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- 3900
Interior Features
- Appliances
- Dryer / Microwave
- Cooling
- Other
- Heating
- Central
- Flooring
- Wood
- Interior Features
- Upper Level Primary
- Total Rooms
- 3
Exterior Features
- Construction
- Block
- Roof
- Barrel
- Exterior Features
- None
- Private Pool
- Yes
- Pool Features
- In Ground
Community & HOA
- Association Amenities
- None
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2420
Schools
- Elementary School
- Miami Beach Fienberg / Fisher K-8
- High School
- Miami Beach
About the Community
Ocean Beach Addn No 3 is a luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,700,000 to $2,300,000. Pure Equity lists homes in Ocean Beach and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 15
- Median List Price
- $2,200,000
- Median $/Sq Ft
- $874
- Avg Days on Market
- 119
Frequently Asked Questions
- How do I schedule a tour of 1018 Jefferson Avenue, Miami Beach, FL 33139?
- Use the Tour button on this listing to request a showing of 1018 Jefferson Avenue, Miami Beach, FL 33139. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 1018 Jefferson Avenue, Miami Beach, FL 33139 still available?
- 1018 Jefferson Avenue, Miami Beach, FL 33139 is currently listed as Sold, and has been on the market 147 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 1018 Jefferson Avenue, Miami Beach, FL 33139?
- With 20% down ($510,000) on the $2,550,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 1018 Jefferson Avenue, Miami Beach, FL 33139 is about $13,401/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 1018 Jefferson Avenue, Miami Beach, FL 33139?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 1018 Jefferson Avenue, Miami Beach, FL 33139. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- What schools serve 1018 Jefferson Avenue, Miami Beach, FL 33139?
- 1018 Jefferson Avenue, Miami Beach, FL 33139 is zoned for Miami Beach Fienberg / Fisher K-8 (elementary), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 1018 Jefferson Avenue, Miami Beach, FL 33139?
- Often, yes. The right offer on 1018 Jefferson Avenue, Miami Beach, FL 33139 depends on how it's priced against comparable single family sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Dwntwn Realty Advisors LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 1, 2026.
$1,800,000
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Listed by Rayza Susana Perez, Dwntwn Realty Advisors LLC
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Recent Sales
Recently sold homes in Ocean Beach Addn No 3
These are the last 6 recorded closings in Ocean Beach Addn No 3, with the price each home actually sold for rather than what it was listed at. They closed at a median of $577 per square foot. The most recent closed on September 2, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$350,000
Sold · September 2, 2026
1045 10th Street 204
1 bed · 1.5 bath · 890 sqft · $393/sqft
Sold$2,375,000
Sold · June 22, 2026
1335 Lenox Avenue
5 bed · 3 bath · 2,363 sqft · $1,005/sqft
$124,000 under the asking price
Sold$3,550,000
Sold · April 23, 2026
1315 Lenox Avenue
3 bed · 2.5 bath · 2,378 sqft · $1,493/sqft
$300,000 under the asking price
Sold$1,900,000
Sold · March 30, 2026
1244 Michigan Avenue
5 bed · 3 bath · 3,295 sqft · $577/sqft
Sold$1,200,000
Sold · January 13, 2026
1405 Lenox Avenue
3 bed · 2 bath · 2,112 sqft · $568/sqft
$299,000 under the asking price
Sold$2,820,000
Sold · January 8, 2026
1150 8th Street
0 bed · 0 bath · 5,426 sqft · $520/sqft
See every recorded sale in Ocean Beach Addn No 3 or find out what your Ocean Beach Addn No 3 home is worth.
