NOT LISTED FOR SALE

1018 Jefferson Ave Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $4,568,850

10 Beds
9.5 Baths
3,956 Sq Ft
$1,155/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $2,100,000 $531 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $30,339/month

1,757 Days on Market

Highlights

  • Guest House
  • Deck
  • Main Floor Bedroom
  • In Ground Pool
  • Wood Flooring
  • 4-minute walk to Flamingo Park

About This Home

As of February 2021

TURNKEY Hotel/Bed & Breakfast. Renovated 3 bed/2.5 bath house with central air and commercial kitchen, and poolside guest building with 7 rooms in a tropical oasis. Heated saltwater pool; covered poolside dining area; lush landscaping with irrigation. Established business and prime real estate in the heart of South Beach, close to shops and restaurants. Walk to Ocean Drive and the beach. A rare find, steps from Flamingo Park tennis and basketball courts, and aquatic center. Ideal for Owner/Operator or Investor!

Last Agent to Sell the Property

Susan Gale

One Sotheby's International Re License #0394993 Listed on: 08/12/2015

One Sotheby's International Re

Last Buyer's Agent

Neal Deputy

The Keyes Company License #3252041

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $46,472

Year Built

  • Built in 1930

Lot Details

  • 7,000 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 39/MULTI

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,956 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Family Room
  • Den
  • Wood Flooring
  • Garden Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • Driveway
  • On-Street Parking
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Deck

Schools

  • Feinberg-Fisher K8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-009-6880

Community Details

Overview

  • No Home Owners Association
  • Ocean Beach Add No 3,Ocean Beach Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$46,472

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1930
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: 10TH AND JEFFERSON AVE. HALF A BLOCK FROM FLAMINGO PARK.
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: OCEAN BEACH ADD NO 3,OCEAN BEACH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Gas Range, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers, Den/Library/Office, Family Room
  • Spa Yn: No
  • Full Bathrooms: 9
  • Half Bathrooms: 1
  • Total Bedrooms: 10
  • Flooring: Wood
  • Furnished: Furnished, Furniture Negotiable
  • Living Area: 3956
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Other
  • Living Room Features: Den/Library/Office, Family Room, Guest House

Exterior Features

  • Roof: Other
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Deck
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OCEAN BEACH ADD NO 3
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Pool, Tennis Court(s)

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Feinberg-Fisher K8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-42-03-009-6880
  • Lot Size Sq Ft: 7000
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 46472

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2025
Sold by
Oasis Hospitality Partners Ii Llc
Bought by
Stormfield Capital Funding I Llc
Current Estimated Value
$4,568,850

Purchase Details

Closed on
Dec 14, 2022
Sold by
Tdk Real Estate Limited Liability Compan
Bought by
Oasis Hospitality Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,220,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2015
Closed on
Jan 26, 2021
Sold by
1018 Jefferson Llc
Bought by
Tdk Real Estate Llc
Seller's Agent
Susan Gale
One Sotheby's International Re
Buyer's Agent
Neal Deputy
The Keyes Company
List Price
$2,450,000
Sold Price
$2,100,000
Premium/Discount to List
-$350,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.22%

Purchase Details

Closed on
Apr 3, 2013
Sold by
Jules Florida Inc
Bought by
1018 Jefferson Llc

Purchase Details

Closed on
Jun 16, 2005
Sold by
Ballow George R
Bought by
Jules Florida Inc

Purchase Details

Closed on
Nov 6, 2003
Sold by
Sbjh Inc
Bought by
Ballow George R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
May 18, 1999
Sold by
1018 Jefferson Corp
Bought by
Sbjh Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
6.98%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Stormfield Capital Funding I Llc $400,100 --
Stormfield Capital Funding I Llc $400,100 --
Oasis Hospitality Partners Llc $4,200,000 Union Title
Oasis Hospitality Partners Llc $4,200,000 Union Title
Tdk Real Estate Llc $2,100,000 Attorney
1018 Jefferson Llc $2,600,000 Attorney
Jules Florida Inc $1,425,000 --
Ballow George R $1,100,000 --
Sbjh Inc $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oasis Hospitality Partners Llc $3,220,000
Previous Owner 1018 Jefferson Llc $1,360,000
Previous Owner Ballow George R $660,000
Previous Owner Sbjh Inc $581,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2021 02/01/21 Sold $2,100,000 -14.3% $531 / Sq Ft
09/21/2020 09/21/20 Price Changed $2,450,000 0.0% $619 / Sq Ft
09/21/2020 09/21/20 For Sale $2,450,000 -17.6% $619 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
01/30/2020 01/30/20 Price Changed $2,975,000 -7.0% $752 / Sq Ft
12/19/2019 12/19/19 Price Changed $3,200,000 -15.6% $809 / Sq Ft
05/28/2019 05/28/19 Price Changed $3,790,000 -15.8% $958 / Sq Ft
07/10/2017 07/10/17 Price Changed $4,500,000 -18.2% $1,138 / Sq Ft
05/24/2017 05/24/17 Price Changed $5,500,000 +22.2% $1,390 / Sq Ft
04/27/2017 04/27/17 Price Changed $4,500,000 -18.2% $1,138 / Sq Ft
04/19/2017 04/19/17 Price Changed $5,500,000 -15.4% $1,390 / Sq Ft
08/18/2016 08/18/16 Price Changed $6,500,000 +52.9% $1,643 / Sq Ft
04/12/2016 04/12/16 Price Changed $4,250,000 -9.6% $1,074 / Sq Ft
02/23/2016 02/23/16 Price Changed $4,700,000 -17.5% $1,188 / Sq Ft
08/12/2015 08/12/15 For Sale $5,700,000 -- $1,441 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $63,890 $3,400,000 $1,400,000 $2,000,000
2024 $66,611 $3,400,000 $1,610,000 $1,790,000
2023 $66,611 $3,525,000 $1,610,000 $1,915,000
2022 $33,821 $1,800,000 $1,610,000 $190,000
2021 $34,755 $1,800,000 $1,610,000 $190,000
2020 $47,421 $2,500,000 $1,610,000 $890,000
2019 $42,633 $2,200,000 $1,540,000 $660,000
2018 $41,369 $2,200,000 $1,540,000 $660,000
2017 $41,895 $2,200,000 $0 $0
2016 $44,198 $2,200,000 $0 $0
2015 $39,625 $2,000,000 $0 $0
2014 $40,635 $2,000,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Susan Gale

    Seller's Agent in 2021

    Susan Gale

    One Sotheby's International Re

    (202) 770-8386

    4 in this area

    21 Total Sales

    Section Image
  • Neal Deputy

    Buyer's Agent in 2021

    Neal Deputy

    The Keyes Company

    (305) 850-8424

    10 in this area

    11 Total Sales

    Section Image
  • Matteo Cornali

    Buyer Co-Listing Agent in 2021

    Matteo Cornali

    Coldwell Banker Realty

    (305) 968-9442

    6 in this area

    17 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2159012

MIAMI REALTORS® MLS

APN: 02-4203-009-6880

Florida Miami/Dade County Miami Beach 33139 Flamingo

1018 Jefferson Ave, Miami Beach, FL

This home is located at 1018 Jefferson Ave, Miami Beach, FL 33139 since 12 August 2015 and is currently estimated at $4,568,850, approximately $1,154 per square foot. This property was built in 1930. 1018 Jefferson Ave is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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