Building facts
- Address
- 401 Jefferson Avenue
- Neighborhood
- South of Fifth
- Year built
- 2011
- Floors
- 4
- Status
- Completed
- Pricing
- Starting at $825,000
Verified 25 August 2026Miami-Dade County Property Appraiser1 source
The Jefferson — photography to follow
Building facts
- Address
- 401 Jefferson Avenue
- Neighborhood
- Miami Beach
- Year built
- 2011
- Floors
- 4
- Residences
- 6
- Status
- Delivered — completed 2011
Key Takeaways
- The county records no bedrooms in any home here — all six are logged with a bedroom count of zero — including two at over 1,200 square feet. These are open-plan lofts, not studios in the usual sense, and it is the clearest signal in the file of what the building actually is.
- Six homes, three floorplates, two of each — 796, 1,201 and 1,214 square feet. Every home has an exact twin, which makes the small sale record more useful than its size suggests.
- Half the building’s entire sale history happened in seven months — six of the twelve recorded sales closed between May and December 2011. That is the sell-out. The building has traded six more times in the fifteen years since.
- Nothing has sold since January 2022 — no qualified sales in 2023, 2024, 2025 or 2026. The most recent was $815,000 for a 1,201 sq ft home.
- The smallest plan has climbed most consistently — the 796 sq ft home went $375,000 (2011) → $475,000 (2014) → $560,000 and $605,000 (2016) — from $471 to $760 per square foot in five years.
- Two of the eight folios are not homes — one is a commercial unit and one is a reference folio for the land parcel. Six homes, not eight.
The Jefferson, by the numbers
Starting at $825,000. Source: the building record on this site.
401 Jefferson Avenue, Miami Beach, Florida 33139 | Neighborhood: South of Fifth
The Jefferson is six homes, and the county records none of them as having a bedroom — including two that run past 1,200 square feet. That single data point tells you more about this building than any price does: it is a genuine open-plan loft conversion, and it has changed hands only twelve times in fifteen years.
What the county records at 401 Jefferson Avenue
The Miami-Dade County Property Appraiser returns eight folios at 401 Jefferson Avenue in one declaration, THE JEFFERSON CONDO. Six are homes. One is a commercial unit and one is a reference folio for the underlying land parcel; both are excluded from every figure below.
The common-element shares close at exactly 100.0000%, so the pull is the whole declaration and no folio is missing.
The six homes are 796, 1,201 and 1,214 square feet, two of each. For 2026 the county assesses them from $444,241 to $717,024, a median of $647,574.
Six lofts with no bedrooms on record
Every one of the six homes carries a bedroom count of zero in the county roll. For the two 796 square foot homes that is unsurprising. For the four homes at 1,201 and 1,214 square feet it is the defining fact — over 1,200 square feet of undivided space.
This matters practically. A 1,214 square foot home with no recorded bedroom will not compare cleanly against a 1,214 square foot two-bedroom anywhere else in South Beach, and any valuation that treats them as equivalent is comparing different products. It also means the buyer here is self-selecting: someone who wants open volume rather than partitioned rooms.
The sale record splits cleanly by plan. The 796 sq ft plan:
| Date | Price | $/sq ft |
|---|---|---|
| July 2011 | $375,000 | $471 |
| December 2011 | $435,000 | $546 |
| May 2014 | $475,000 | $597 |
| July 2016 | $560,000 | $704 |
| October 2016 | $605,000 | $760 |
Five sales, each higher than the last, $471 to $760 per square foot across five years. It has not traded since.
The two larger plans have been less consistent. The 1,214 sq ft home sold at $575,000 twice in 2011, then $900,000 in February 2016 — the building’s highest recorded price, at $741 per square foot. The 1,201 sq ft home sold at $550,000 and $565,000 in 2011, $675,000 in 2013, and $815,000 in January 2022, which is the most recent sale in the building.
The price record, and the four empty years
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 0 | — | — |
| 2024 | 0 | — | — |
| 2025 | 0 | — | — |
| 2026 to date | 0 | — | — |
That table is accurate, not incomplete. The last qualified sale at The Jefferson was January 2022. In a six-home building, four quiet years is ordinary — but it does mean there is no current transaction evidence for what a home here is worth.
The full record is twelve qualified sales since 2011, and half of them closed in a seven-month window during the 2011 sell-out. Strip those out and the building has traded six times in fifteen years.
Who this building suits, and who it does not
It suits a buyer who actually wants an open loft. Not a marketing description — the county records no bedrooms in any of the six homes. If you want undivided space over 1,200 square feet in South Beach, this is a short list and The Jefferson is on it.
It suits a buyer who values a very small building. Six homes and one commercial unit, on Jefferson Avenue.
It suits badly a buyer who needs bedrooms, or a lender who wants them. An open plan with no recorded bedroom count can complicate both resale and financing, and it narrows the pool of future buyers to people who want the same thing you do.
And it suits badly anyone who needs recent comparables. Four years without a sale. The most current evidence in the building is January 2022, and the highest price on record is from 2016.
If you are selling here: your best evidence is your own twin, and for the 796 plan that record is unusually encouraging — five consecutive sales, each above the last. For the larger plans it is thinner and older. Do not accept a valuation that benchmarks your home against conventional two-bedrooms of the same square footage; the county itself does not classify them the same way.
The Jefferson — Frequently Asked Questions
How many units are in The Jefferson?
Six homes. The county returns eight folios at 401 Jefferson Avenue, but one is a commercial unit and one is a reference folio for the underlying land parcel. The declaration’s common-element shares close at exactly 100.0000%.
Do the homes at The Jefferson have bedrooms?
The county records a bedroom count of zero for all six — including the four homes at 1,201 and 1,214 square feet. They are open-plan lofts rather than conventionally partitioned apartments, which is worth confirming against the specific floorplan before you buy.
How big are the homes at The Jefferson?
796, 1,201 and 1,214 square feet, two of each. Every home in the building has an exact twin.
When did a home at The Jefferson last sell?
January 2022, for $815,000. There have been no qualified sales in 2023, 2024, 2025 or 2026. The building’s highest recorded price is $900,000, set in February 2016.
How often do homes sell at The Jefferson?
Very rarely. Twelve qualified sales since 2011, and six of those closed between May and December 2011 during the sell-out. Outside that window the building has traded six times in fifteen years.
Sources and further reading
Interested in selling at The Jefferson?
Learn more about selling your condo at The Jefferson with Josh Stein.
Thinking about The Jefferson?
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comRelated coverage
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