OFFERED AT A 6.5% CAP RATE! SOUTH BEACH! SOUTH BEACH – TURNKEY Hotel / Bed and Breakfast. Renovated 3 bed / 2.5 bath house with central air and commercial kitchen; separate poolside building with 7 guestrooms and laundry. Heated salt water pool; covered pool

1018 Jefferson Ave, Miami Beach, FL 33139, USA

$2,975,000 USD
Pictures
Map
Object Images
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Small Object Image
Contact us
Schedule Tour
Address1018 JEFFERSON AV, Miami Beach
Building Name1018
Type of PropertyHotel / Motel
Type of BusinessHotel / Motel
Property StyleHotel Non-Waterfront
Price$2,975,000
Previous Price$3,200,000 (36 days ago)
Property StatusActive
MLS NumberA2159024
Property Size7000
Lot Size7000
Year Built1930
Parking Space Number2
Folio Number02-42-03-009-6880
Zoning Information39/MULTI
Days on Market36

Detailed Description: OFFERED AT A 6.5% CAP RATE! SOUTH BEACH! SOUTH BEACH – TURNKEY Hotel / Bed and Breakfast. Renovated 3 bed / 2.5 bath house with central air and commercial kitchen; separate poolside building with 7 guestrooms and laundry. Heated salt water pool; covered poolside dining area; lush landscaping with irrigation system. Established business in a private tropical oasis, close to shops and restaurants. Walk to Ocean Drive and beach. A rare find, steps from Flamingo Park with its tennis and basketball courts, and aquatic center. Building recertified to 2026. The property is offered with a triple net lease – great opportunity for investors!

Internet

Property added to favorites
Add to Favorite
Mortgage calculator
More Information
Loan
Mortgage
Expert
Loan amount
Loan term
Annual interest rate
First payment date
Amortization period
Calculate
Hide
Address Information
StateFlorida
CityMiami Beach
CountyMiami-Dade County
Zip Code33139
Address1018 JEFFERSON AV
Section3
Google Location Info1018 Jefferson Ave, Miami Beach, FL 33139, USA
Financial Information
Price$2,975,000
Price per Foot$0
Previous Price$3,200,000
Folio Number02-42-03-009-6880
Tax Amount$41,369
Tax Year2018
Possession InformationNegotiable
Full Descriptions
Detailed DescriptionOFFERED AT A 6.5% CAP RATE! SOUTH BEACH! SOUTH BEACH – TURNKEY Hotel / Bed and Breakfast. Renovated 3 bed / 2.5 bath house with central air and commercial kitchen; separate poolside building with 7 guestrooms and laundry. Heated salt water pool; covered poolside dining area; lush landscaping with irrigation system. Established business in a private tropical oasis, close to shops and restaurants. Walk to Ocean Drive and beach. A rare find, steps from Flamingo Park with its tennis and basketball courts, and aquatic center. Building recertified to 2026. The property is offered with a triple net lease – great opportunity for investors!
Year Built DescriptionResale
How to Reach10TH AND JEFFERSON AVE. HALF A BLOCK FROM FLAMINGO PARK.
Roof DescriptionOther
Floor DescriptionWood
Cooling DescriptionCentral Building A / C, Wall / Window Unit (s)
Heating DescriptionCentral Building A / C
Water DescriptionPublic
Sewer DescriptionPublic Sanitation
Parking DescriptionOther
Property parameters
Living Area7000
Lot Size7000
Total Acreage0.000
Zoning Information39/MULTI
Maximum Leasable Size7000
Year Built1930
Type of PropertyHotel / Motel
Type of BusinessHotel / Motel
StyleHotel Non-Waterfront
Building Name1018
Construction TypeCBS Construction
Stories Number2
Parking Space Number2
Listed withOne Sotheby’s International Realty