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Bank Owned – Upside Potential Hotel/STR 1018 Jefferson Ave 7 Room Bed and Breakfast Miami Beach, FL 33139 $3,558,831 CAD ($508,404 CAD/Room)
Investment Highlights
- Situated In The Heart Of South Beach’s Historic Art Deco District
- Private Outdoor Oasis Equipped With A Heated Swimming Pool, Ample Furnishings, And Lush Landscape
- Within Walking Distance To The Beach And The Area’s Best Attractions
- Upside Potential
Executive Summary
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 The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval.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.
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 The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval.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.
Property Facts
Amenities
- Balcony
- Pool
- High Speed Internet Access
- Patio
- Bed & Breakfast
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
- Digital key
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 4 | $431.25 CAD | - |
| Guest Room | 3 | $263.77 CAD | - |
Exceptionally walkable
90/100
Fairly drivable
40/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 02-4203-009-6880 | Improvements Assessment | $2,780,540 CAD |
| Land Assessment | $1,946,378 CAD | Total Assessment | $4,726,918 CAD |
Property Taxes
Parcel Number
02-4203-009-6880
Land Assessment
$1,946,378 CAD
Improvements Assessment
$2,780,540 CAD
Total Assessment
$4,726,918 CAD
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Bank Owned – Upside Potential Hotel/STR | 1018 Jefferson Ave
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