1018 Jefferson Ave - Hospitality FOR SALE


Miami Beach, FL 33139- Flamingo
$2,550,000 USD
310-710-5080
1018 Jefferson Ave, Miami Beach, FL for Sale
$2,550,000 USD
Hospitality - FOR SALE
1/33
null | Request Cap Rate

1018 Jefferson Ave
Miami Beach, FL 33139
Flamingo


HIGHLIGHTS

  • Situated In The Heart Of South Beach’s Historic Art Deco District
  • Within Walking Distance To The Beach And The Area’s Best Attractions
  • Private Outdoor Oasis Equipped With A Heated Swimming Pool, Ample Furnishings, And Lush Landscape
  • Upside Potential

OVERVIEW

DWNTWN Realty Advisors has been retained exclusively by ownership to arrange the sale of 1018 Jefferson Ave in Miami Beach, FL. The subject property, zoned RM-1, consists of one private villa along with 4 poolside suites. Located in the heart of South Beach’s Art Deco District, ideal for short-term and event rentals. Hotel Oasis’ private villa has 3 spacious bedrooms and 3 bathrooms that can accommodate up to 10 guests. The poolside suites are each 1 bedroom, 1 bathroom, and can accommodate up to 24 guests. The property was formerly operated as an AirBnB but the license is no longer in place. A buyer would have to reapply for a short-term rental license. Disclaimer:  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 The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval.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.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$244 USD /SF

# OF ROOMS

7

PRICE/ROOM

$364,286 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bank Owned – Upside Potential Hotel/STR

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

Hotel

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1930

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,000 SF

ZONING

RM-1

APN/PARCEL ID

02-4203-009-6880

ASK ABOUT THIS PROPERTY

George BelesisDWNTWN Realty AdvisorsMore Info
310-710-5080

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George BelesisDWNTWN Realty AdvisorsMore Info
310-710-5080

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.