Ilona
221 Jefferson Avenue, Miami Beach, FL 33139
South of Fifth
Folio 0242032520001
- Year built
- 2002
- Residences
- 16
- Building area
- 18,560 sq ft
- Median residence
- 1,241 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $687,000 · Feb 2026
- Median sale (10 yr)
- $800,000
- Recorded transfers
- 67
Ilona is a 16-residence boutique condominium building at 221 Jefferson Avenue, in South Beach, completed in 2002. It has a median residence of 1,241 square feet.
The recorded market runs to 53 arms-length sales since 2003, an annual turnover rate of 10 percent of the building over the past decade, and a median of $544 per square foot. Across 36 same-unit resales, 81 percent sold above their prior recorded price, with a median gain of 35 percent over a median hold of 5.8 years.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to May 2003. Prices reflect the recorded consideration; transfers the Property Appraiser does not qualify as arms-length are shown unmarked. Nominal-consideration paper transfers (deeds into trusts and LLCs, estate and family transfers, corrective deeds) are part of the record but not sales, and are omitted from this table. Recording lags closing, so the newest sales can take several weeks to appear.
| Date | Residence | Size | Price | Arms-length |
|---|---|---|---|---|
| Feb 2026 | 4 | 804 sf | $687,000 | ✓ |
| Sep 2024 | 3 | 1,248 sf | $1,100,000 | ✓ |
| Jun 2023 | 1 | 1,241 sf | $1,150,000 | ✓ |
| May 2023 | 6 | 804 sf | $650,000 | ✓ |
| Apr 2022 | 13 | 1,133 sf | $1,035,000 | ✓ |
| Dec 2021 | 12 | 1,079 sf | $820,000 | ✓ |
| Nov 2021 | 9 | 1,267 sf | $825,000 | ✓ |
| Jul 2021 | 1 | 1,241 sf | $825,000 | ✓ |
| Jun 2021 | 2 | 1,241 sf | $975,000 | ✓ |
| May 2021 | 10 | 1,267 sf | $790,000 | ✓ |
| May 2021 | 7 | 1,241 sf | $790,000 | ✓ |
| Apr 2021 | 13 | 1,133 sf | $800,000 | ✓ |
| Feb 2021 | 5 | 1,248 sf | $770,000 | ✓ |
| Jun 2019 | 8 | 1,241 sf | $830,000 | ✓ |
| Dec 2018 | 6 | 804 sf | $485,000 | ✓ |
| May 2017 | 4 | 804 sf | $500,000 | ✓ |
| May 2016 | 4 | 804 sf | $495,000 | ✓ |
| Sep 2015 | 1 | 1,241 sf | $675,000 | ✓ |
| Aug 2015 | 13 | 1,133 sf | $850,000 | ✓ |
| May 2015 | 10 | 1,267 sf | $860,000 | ✓ |
| Jul 2014 | 8 | 1,241 sf | $850,000 | ✓ |
| Jan 2014 | 15 | 1,267 sf | $750,000 | ✓ |
| Dec 2013 | 7 | 1,241 sf | $224,500 | |
| Dec 2013 | 7 | 1,241 sf | $252,730 | |
| Aug 2012 | 2 | 1,241 sf | $660,000 | ✓ |
| Aug 2011 | 8 | 1,241 sf | $640,000 | ✓ |
| Aug 2011 | 14 | 1,079 sf | $585,000 | ✓ |
| Jul 2011 | 5 | 1,248 sf | $565,000 | ✓ |
| Jun 2011 | 12 | 1,079 sf | $620,000 | ✓ |
| May 2011 | 6 | 804 sf | $365,000 | ✓ |
| Jan 2010 | 13 | 1,133 sf | $615,000 | ✓ |
| Aug 2008 | 13 | 1,133 sf | $625,000 | ✓ |
| Jul 2008 | 15 | 1,267 sf | $440,000 | |
| Mar 2006 | 15 | 1,267 sf | $785,000 | ✓ |
| Mar 2006 | 6 | 804 sf | $465,000 | ✓ |
| Nov 2005 | 8 | 1,241 sf | $690,000 | ✓ |
| Feb 2005 | 7 | 1,241 sf | $587,000 | ✓ |
| Feb 2005 | 5 | 1,248 sf | $545,000 | ✓ |
| Aug 2004 | 7 | 1,241 sf | $360,000 | ✓ |
| Mar 2004 | 16 | 1,267 sf | $460,000 | ✓ |
| Dec 2003 | 5 | 1,248 sf | $436,800 | ✓ |
| Jun 2003 | 9 | 1,267 sf | $515,000 | ✓ |
| May 2003 | 15 | 1,267 sf | $409,470 | ✓ |
| May 2003 | 14 | 1,079 sf | $256,900 | ✓ |
| May 2003 | 13 | 1,133 sf | $400,000 | ✓ |
| May 2003 | 12 | 1,079 sf | $366,000 | ✓ |
| May 2003 | 11 | 1,133 sf | $409,000 | ✓ |
| May 2003 | 10 | 1,267 sf | $447,200 | ✓ |
| May 2003 | 9 | 1,267 sf | $322,080 | ✓ |
| May 2003 | 8 | 1,241 sf | $303,700 | ✓ |
| May 2003 | 7 | 1,241 sf | $359,500 | ✓ |
| May 2003 | 6 | 804 sf | $226,900 | ✓ |
| May 2003 | 4 | 804 sf | $191,900 | ✓ |
| May 2003 | 3 | 1,248 sf | $279,400 | ✓ |
| May 2003 | 2 | 1,241 sf | $440,000 | ✓ |
| May 2003 | 1 | 1,241 sf | $336,400 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 11 nominal-consideration paper transfers omitted.
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Building facts and sales records are compiled from Miami-Dade County public records (Property Appraiser) and reviewed against recognized architectural references. Figures are reported as recorded and may be updated as the county updates its records. This page is informational and is not an offer, solicitation, or valuation.