NOT LISTED FOR SALE

1498 Jefferson Ave Unit 406 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $268,000 - $336,000

1 Bed
1 Bath
670 Sq Ft
$350/mo HOA Fee

Last Sold November 22, 2022

Last sale price $295,000 $440 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,297/month

28 Days on Market

Highlights

  • Intercom to Front Desk
  • 1 Car Attached Garage
  • Views
  • Bike Room
  • Eat-In Kitchen
  • Patio

About This Home

As of November 2022

Extraordinary pied-à-terre in the heart of South Beach. This one bedroom, one bathroom condo has been completely redesigned with modern kitchen, quartz countertops, stainless steel appliances, tile floors, double shower, and a Toto toilet. Jefferson Park condominium is just one block from Flamingo Park, two blocks from Lincoln Road, world-famous restaurants, cafés, and steps away from the beach. This unit has a secured covered parking space and an assigned storage space.

Last Agent to Sell the Property

Lucas Gomez

Compass Florida, LLC License #3380967 Listed on: 10/24/2022

Compass Florida, LLC

Co-Listed By

Juan Iarussi

Compass Florida, LLC License #3316341

Last Buyer's Agent

Valeria McGough

Brickell Brokers LLC License #3096978

Brickell Brokers LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,963

Year Built

  • Built in 1965

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 670 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Intercom Access
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Schools

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

Additional Features

  • Patio
  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-030-0220

Community Details

Overview

  • 32 Units
  • Jefferson Park Condo
  • Jefferson Park Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 5-Story Property

Amenities

  • Laundry Facilities
  • Intercom to Front Desk
  • Lobby
  • Bike Room

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,963

Year Built

Built in 1965

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Directions: If coming from Alton Road, head east on 15th Street. The building is on the SW corner of Jefferson and 15th.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None,Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: JEFFERSON PARK CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Lobby, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 670
  • Other Equipment: Intercom
  • Possible Use: Unknown/Withheld
  • Stories: 5
  • Window Features: Blinds, Other Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: None, Shower Only

Exterior Features

  • View: Other View
  • Exterior Features: None, Other
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Jefferson Park Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Limited # Of Vehicle, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 350
  • Amenities: Bike Storage, Laundry, Elevator(s), Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 02-32-34-030-0220
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 32
  • Number Of Units Total: 32

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2022
Closed on
Nov 17, 2022
Sold by
Ehlen Jon Patrick and Ehlen Louis
Bought by
Kim-Reynolds Luba Eugene
Seller's Agent
Lucas Gomez
Compass Florida, LLC
Buyer's Agent
Valeria McGough
Brickell Brokers LLC
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Views
11
Current Estimated Value
$304,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,493
Avg. Annual Appreciation
1.11%
Original Mortgage
$200,000
Outstanding Balance
$193,944
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$110,549

Purchase Details

Listed on
Dec 20, 2016
Closed on
Feb 9, 2017
Sold by
Mears Michael
Bought by
Ehlen Jon Patrick and Hernandez Louis
Seller's Agent
Harry Baxter
Fortune Christie's International Real Estate
Buyer's Agent
Harry Baxter
Fortune Christie's International Real Estate
List Price
$185,000
Sold Price
$175,000
Premium/Discount to List
-$10,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
Jun 14, 2016
Sold by
Est Of Everett E Mears
Bought by
Mears Michael R

Purchase Details

Closed on
Feb 12, 2003
Sold by
Knudsen Vikki K
Bought by
Mears Everette Earle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.89%

Purchase Details

Closed on
Feb 1, 1999
Sold by
Saybe Carlos J
Bought by
Karlock Madison K

Purchase Details

Closed on
Apr 9, 1993
Sold by
Saybe Joi M
Bought by
Saybe Carlos J
Source: Public Records

Range of Values:

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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
Kim-Reynolds Luba Eugene $295,000 --
Ehlen Jon Patrick $175,000 Attorney
Mears Michael R -- --
Mears Everette Earle $140,000 Royal Title & Escrow Company
Karlock Madison K $55,000 --
Saybe Carlos J $7,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim-Reynolds Luba Eugene $200,000
Previous Owner Mears Everette Earle $75,000
Closed Kim-Reynolds Luba Eugene $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/22/2022 11/22/22 Sold $295,000 -3.3% $440 / Sq Ft
10/24/2022 10/24/22 For Sale $305,000 +74.3% $455 / Sq Ft
02/09/2017 02/09/17 Sold $175,000 -5.4% $261 / Sq Ft View Prior Sale
01/27/2017 01/27/17 Pending -- -- --
12/20/2016 12/20/16 For Sale $185,000 -- $276 / 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 $3,907 $191,268 -- --
2024 $3,929 $207,900 -- --
2023 $3,929 $207,900 $0 $0
2022 $1,984 $146,845 $0 $0
2021 $1,963 $142,568 $0 $0
2020 $1,932 $140,600 $0 $0
2019 $2,725 $140,600 $0 $0
2018 $2,643 $140,567 $0 $0
2017 $2,040 $147,965 $0 $0
2016 $2,947 $192,287 $0 $0
2015 $764 $107,484 $0 $0
2014 $779 $106,631 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucas Gomez

    Seller's Agent in 2022

    Lucas Gomez

    Compass Florida, LLC

    (786) 797-2951

    1 in this area

    42 Total Sales

    Lucas Gomez
    Section Image
  • Juan Iarussi

    Seller Co-Listing Agent in 2022

    Juan Iarussi

    Compass Florida, LLC

    (786) 271-9897

    1 in this area

    20 Total Sales

    Juan Iarussi
    Section Image

  • V

    Buyer's Agent in 2022

    Valeria McGough

    Brickell Brokers LLC

    (305) 438-7777

    1 in this area

    24 Total Sales

    Valeria McGough
    Section Image

  • H

    Seller's Agent in 2017

    Harry Baxter

    Fortune Christie's International Real Estate

    (305) 400-6393

    6 in this area

    35 Total Sales

    Harry Baxter
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11292893

MIAMI REALTORS® MLS

APN: 02-3234-030-0220

Florida Miami/Dade County Miami Beach 33139 Flamingo

1498 Jefferson Ave Unit 406, Miami Beach, FL

This home is located at 1498 Jefferson Ave Unit 406, Miami Beach, FL 33139 since 24 October 2022 and is currently estimated at $304,493, approximately $454 per square foot. This property was built in 1965. 1498 Jefferson Ave Unit 406 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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