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631 Jefferson Ave Unit 505, Miami Beach, FL, 33139

$287,000

Home List Price

$3,408*

Closing Credit

1 Bedroom
1 Full Bath
690 SqFt
$416/SqFt
Condo

Location

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631 Jefferson Ave Unit 505, Miami Beach$287,000

Buyer Closing Credits

$3,408*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Covered
Garage1 space
Year Built1970
HeatingCentral
CoolingCentral Air
ViewCity, Garden
MLS #A11682434
StatusActive

About 631 Jefferson Ave Unit 505

Welcome to your pied-à-terre in the heart of South Beach. This charming 1-bedroom, 1-bathroom home offers 690 square feet of sophisticated living space. Step out onto the balcony for your morning coffee and enjoy your skyline view. Convenience is key with an elevator, garage, and laundry in the building. Situated on the top floor, this unit provides privacy and includes an assigned, covered parking spot. Plus, it's just a short stroll away from the beach, fantastic restaurants, and shopping. Don't miss out on the opportunity to own a slice of South Beach paradise.

Property Details

Property Features

Property Information:

  • Year Built: 1970
  • Living Area: 690 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Luciana Barreto, P.A.

Interior Features

Interior Information:

  • Appliances: Oven, Gas Range, Refrigerator
  • Flooring Type: Laminate, Tile
  • Interior: Bedroom on Main Level, Family/Dining Room, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: City, Garden
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Covered

Virtual/3D Tour

  • Virtual Tour: 631 Jefferson Ave Unit 505
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take MacArthur Causeway (395 E) towards Miami Beach, Continue straight to Jefferson Ave, turn left on Jefferson Ave, destination will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $287,000
  • Price Per SqFt: $416/SqFt

HOA Fees:

  • Amount: $999
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Miami Beach, FL.

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Miami Beach, FL

City

Med. Sold Price

$617.5K

Med. Price/SqFt

$605

Avg. Days On Market

97

# of Sold Homes

73

631 Jefferson Ave Unit 505 vs Miami Beach

46 DAYS ON ROCKET

-51 Days

$287,000

-$330.5K Less

$416/SqFt

-$189 Less

KEY TAKEAWAY

This property is $330.5K less than the Median Sold Price and $189/SqFt less than other homes in Miami Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11682434

Listing Office:

  • Office Name: Compass Florida, LLC
  • Office Phone: (305) 851-2820
  • Listing Agent: Luciana Barreto, P.A.

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$927

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4519207
6
/10

  • South Pointe Elementary School

  • 1050 4th St

  • 0.26 miles

  • Public District Grades PK-5

school-card-donut-4519208
5
/10

  • Fienberg/Fisher K-8 Center

  • 1420 Washington Ave

  • 0.73 miles

  • Public District Grades PK-5

school-card-donut-4519209
9
/10

  • Miami Children's Museum Charter School

  • 980 MacArthur Cswy

  • 2.51 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,253. Residents of Miami Beach, FL typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 631 Jefferson Ave Unit 505

What is the listing price of this property?

The listing price of 631 Jefferson Ave Unit 505 property is $287,000.

What type of property is this?

The property 631 Jefferson Ave Unit 505 is a condo located in Miami Beach, Florida, 33139.

Is this property for sale now?

Active Listing: 631 Jefferson Ave Unit 505 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 631 Jefferson Ave Unit 505 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 631 Jefferson Ave Unit 505 is 690 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 631 Jefferson Ave Unit 505 is 1970.

Rocket Homes›Florida›Miami-Dade County›Miami Beach›33139›631 Jefferson Ave Unit 505

This home is located at 631 Jefferson Ave Unit 505 in Miami Beach, FL and zip code 33139 in the Flamingo / Lummus neighborhood. This 690 square foot home was built in 1970. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $287,000.

In November 2024 more than 2 listings in Miami Beach, FL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 65 were sold below. Between October 2024 and November 2024, Miami Beach, FL real estate market has seen increase in the number of listings by 14.3%. In November 2024 median list price was $617,500 and the average listing age was 97 days.

From Rocket Homes Real Estate and based on county public records data.

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