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Located in the heart of South Beach’s Art Deco District, this RM-1–zoned former boutique hotel offers rare flexibility. The property features a spacious 3-bed/3-bath private villa plus four 1-bed/1-bath poolside suites. The main villa can be reconverted into a single-family home, while the poolside suites offer potential for cabanas, guest rooms, or in-law quarters. Previously operated as an Airbnb (license inactive), the property remains a strong candidate for future short-term rentals with a buyer reapplying, license not guaranteed. Ideal as a private compound, multi-generational residence, or versatile investment. This is a bank owned property. Buyer must conduct their own due diligence.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 The existing hotel license is no longer valid — any new owner must independently apply for all required licenses and permits with no guarantee of approval.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.
| Address | Unit # | Price | %Chng | Bed/Bath | Square Feet | Square m2 | Maint/$ |
|---|---|---|---|---|---|---|---|
| 6358 Westchester Club | $407,400 | 3/2 | 1,734 | 161 | $510 | ||
| 12658 Majestic Isles | $499,000 | 3/2 | 1,800 | 167 | $600 | ||
| 234 SE 3rd Ter | $515,000 | 2/2 | 1,287 | 120 | $0 | ||
| 6828 Ashton | $569,000 | 3/2 | 2,011 | 187 | $405 | ||
| 507 NW 8th Ave #2 | $569,900 | 3/2 | 1,196 | 111 | $0 | ||
| 507 NW 8th Ave #1 | $569,900 | 3/2 | 1,205 | 112 | $0 | ||
| 6344 Old Medinah | $744,918 | 3/2 | 2,395 | 222 | $294 | ||
| 1405 Lenox Ave | $2,200,000 | 4/2 | 2,112 | 196 | $0 | ||
| 1255 Lenox Ave | $2,300,000 | 3/3 | 2,573 | 239 | $0 | ||
| 1018 Jefferson Ave | $2,550,000 | 12/11 | 4,689 | 436 | $0 |
| Unit # | Closed Date | Sold Price | List Price | Bed | Bath | Living Area | Days on Market |
|---|---|---|---|---|---|---|---|
| 01/13/2026 | $1,200,000 | $1,499,000 | 3 | 2 | 2,112 | 2 months |
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