1018 Jefferson Ave - Hospitality FOR SALE


Miami Beach, FL 33139- Flamingo
$2,900,000 USD
310-710-5080
1018 Jefferson Ave, Miami Beach, FL for Sale
$2,900,000 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.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$618 USD /SF

# OF ROOMS

7

PRICE/ROOM

$414,286 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

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.