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$3,500,000

Beds
3
Baths
2.5
sq ft
4,689

1018 Jefferson Ave, Miami Beach, FL 33139

1018 Jefferson Ave

Miami Beach, FL 33139

  • 43 days on market
    • Price drop $500,000↓
Private Villa and four independent apartments ,a versatile property designed for various purposes. This exceptional asset features:A captivating two-story villa comprising 3 bedrooms and 2.5 baths with a central AC and a heated swimming pool with a tranquil atmosphere & 4 Apartments (each unit has 1bed/1 bath and a kitchen area). On-site parking. This property provides the flexibility to serve as a luxurious private residence or a multi-family, w/the possibility of leasing out 4 apartments. Additionally, it presents the opportunity to operate as a bed & breakfast:(The license has to be reinstated). Ideally located: steps from Flamingo Park, Ocean Drive, Beaches, and conveniently close to shops and restaurants, Schools.20 mn from Miami International Airport.

Details

Property type

Single Family Residence

Est. home value

$4,651,501

Lot size

7,000 sq ft

Price per sq ft

$747

Year built

1930

Annual property taxes

$68,639

Price History

06/07/2024
SEF

SEF #A11587077

Price change
$3,500,000
-12.5%
05/21/2024
SEF

SEF #A11587077

Listed
$4,000,000
+90.48%
02/01/2021
SEF

SEF #A2159012

Sold
$2,100,000

Schools & Community

Neighborhood: 

Flamingo Lummus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Stormfield Capital Funding I Llc

Loan start date

December 2022

Original loan amount

$3,220,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial

Seller

Oasis Hospitality Partners Llc

Lender

Stormfield Capital Funding I Llc

Loan start date

December 2022

Original loan amount

$3,220,000

Est. remaining balance

Not provided

Interest rate

7.08%

Loan type

Commercial

Seller

Oasis Hospitality Partners Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

SEF
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2,042 sq ft
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745-747 Lenox Ave, Miami Beach, FL 33139

Status: Active

Tomo last checked: 07/03/2024 at 1:55 PM

Listing updated: 06/14/2024 at 1:09 PM

Listed by: Brigitte Lina, One Sotheby's International Realty Phone #: (305) 935-0300

MLS: SEF #A11587077

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