$280,000
$15K PRICE DROP

631 Jefferson Ave Unit 401 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated payment $2,845/month

Total Views 3,234
1 Bed
1 Bath
680 Sq Ft
$412 Price per Sq Ft

Highlights

  • Newly Remodeled
  • Main Floor Bedroom
  • Card or Code Access
  • South Pointe Elementary School Rated A-
  • Balcony
  • Ceramic Tile Flooring

About This Home

Don’t miss the opportunity to own this spacious and bright 1-bedroom, 1-bathroom unit with an open balcony, right in the heart of South Beach!
This unit includes an assigned parking space, on-site laundry, and is just steps from the beach, top restaurants, and Miami’s vibrant nightlife.
The building is currently undergoing renovations, which are expected to significantly increase property values in the coming months.
Seller will cover all remaining special assessments, including the final balloon payment — saving the buyer over $35,000.
Tenant in place until March 2026 — perfect for investors looking for immediate rental income.

Listing Agent

Gabriela Lopez Nante

Miami Beach Real Estate Group License #3428530

Miami Beach Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,398

Year Built

  • Built in 1970 | Newly Remodeled

HOA Fees

  • $999 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 680 Sq Ft Home
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-119-0100

Community Details

Overview

  • Jefferson South Shore Con Condos
  • Jefferson South Shore Con Subdivision
  • 5-Story Property

Amenities

  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,398

Year Built

Built in 1970 | Newly Remodeled

Lot Details

0

HOA Fees

$999 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: JEFFERSON SOUTH SHORE CON
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Living Area: 680
  • Other Equipment: Automatic Garage Door Opener
  • Stories: 5
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: None
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Jefferson South Shore Con
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Card Entry

Condo/Co-op/Association

  • Association Fee: 999
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-119-0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3398

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $3,226 $173,775 -- --
2023 $3,226 $157,978 $0 $0
2022 $2,698 $143,617 $0 $0
2021 $2,719 $140,801 $0 $0
2020 $2,869 $148,212 $0 $0
2019 $3,122 $161,100 $0 $0
2018 $3,372 $179,330 $0 $0
2017 $3,415 $179,330 $0 $0
2016 $3,483 $179,330 $0 $0
2015 $1,367 $109,411 $0 $0
2014 $1,389 $108,543 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Price Changed $280,000 -5.1% $412 / Sq Ft
12/02/2024 12/02/24 For Sale $295,000 +57.8% $434 / Sq Ft
10/06/2020 10/06/20 Sold $187,000 -5.6% $275 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $198,000 0.0% $291 / Sq Ft
09/01/2017 09/01/17 Rented $1,525 -3.2% --
08/09/2017 08/09/17 Under Contract -- -- --
07/18/2017 07/18/17 For Rent $1,575 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $187,000 Highpoint Title & Escrow Llc
Interfamily Deed Transfer -- None Available
Warranty Deed -- Palm Beach Title & Escrow Co
Warranty Deed $230,000 Attorney
Warranty Deed $58,000 --
Warranty Deed $68,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $171,800 New Conventional
Previous Owner $184,000 Unknown
Previous Owner $36,000 No Value Available
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11693172

MIAMI REALTORS® MLS

APN: 02-4203-119-0100