Laser
201 Jefferson Avenue, Miami Beach, FL 33139
South of Fifth
Folio 0242031400001
- Year built
- 1975
- Residences
- 19
- Building area
- 18,610 sq ft
- Median residence
- 920 sq ft
- FEMA flood zone
- Zone AE · BFE 8 ft
- Latest arms-length sale
- $590,000 · Jul 2025
- Median sale (10 yr)
- $545,000
- Recorded transfers
- 99
Laser is a 19-residence boutique condominium building at 201 Jefferson Avenue, in South Beach. County records list 1975 as the year built. It has a median residence of 920 square feet.
The recorded market runs to 70 arms-length sales since 1975, an annual turnover rate of 3.7 percent of the building over the past decade, and a median of $86 per square foot. Across 51 same-unit resales, 86 percent sold above their prior recorded price, with a median gain of 49 percent over a median hold of 6.8 years.
Own a residence at Laser? See what it would sell for.
Choose what fits: a property-specific pricing review informed by local transaction records and market research, a conversation about buying in this market, or help planning a move between markets. Local representation is coordinated where appropriate.
646.939.7375 · c.cohen@compass.com
At a glance
Common name: Laser. The condominium is named Laser Condo.
Building type: Low-rise condominium, 19 residences
Amenities: No pool or spa. Parking includes attached garage spaces at some residences.
Policies: Pets, leasing and resale rules are set by the association; confirm at offer stage.
Source: The Roebling Research Desk.
Why Laser Condo, 201 Jefferson Avenue matters
Laser is a small, 1975 building on a residential block of South of Fifth, in the southernmost part of Miami Beach. It has 19 homes and no pool, spa or fitness room. What it offers is location and scale: 19 neighbors, a low building, and a short walk to South Pointe Park, the beach and the restaurants on Washington Avenue.
That puts it in a different category from the large oceanfront towers a few blocks south and east. There is no amenity program, and a 19-unit association spreads every capital project across few owners.
It was built in 1975, well before the South of Fifth tower construction of the late 1990s and 2000s.
South of Fifth
South of Fifth is the neighborhood at the southern tip of Miami Beach, below Fifth Street. The Atlantic is on the east, Government Cut on the south and Biscayne Bay on the west, so the area is bounded by water on three sides. Its southern end is South Pointe Park, a 17-acre park with a waterfront promenade, lawns and beach access.
Jefferson Avenue runs through the residential blocks of the neighborhood. The area mixes older low-rise buildings such as Laser with towers built from the late 1990s on, including Portofino Tower, Murano at Portofino, Apogee South Beach and Continuum. The park, the beach, restaurants and Washington Avenue are all close, and the area is a short drive from the rest of South Beach, the MacArthur Causeway and Downtown Miami.
Architecture and unit composition
Laser has 19 residences in a low-rise building. Get the floor plan and the association's size schedule before comparing any two units on a square-foot basis.
Garage spaces are attached to some residences; where they sit affects use and price.
Building operations
Laser has no amenity program. There is no pool, spa or fitness room. Common expenses cover the structure, insurance, common-area upkeep and reserves.
Florida's milestone inspection and structural integrity reserve study rules apply to condominium buildings of three or more stories; ask whether the building falls under the rules, and ask for any inspection report, reserve study, repair scope, special assessment, loan or planned capital project.
Policy framework
Pet, rental and minimum-lease rules are set by the association; confirm at offer stage.
Sales context
One recorded sale, July 2025, at $590,000. It is one sale, not a building price.
Unit-level transaction history is maintained in The Roebling Research Library and shared with clients during diligence.
What to know if you're buying at Laser
Request the inspection and reserve documents first. Ask for the inspection report, the structural integrity reserve study, the current reserve balance and any assessment history.
Check parking. Garage spaces are attached to some residences. Find out whether yours conveys with the unit or is assigned, and in which form.
Get leasing rules in writing. If you plan to rent the unit, get the minimum lease term, any cap and the application process.
What to know if you're selling at Laser
Price against like plans. Use trades of the same bedroom count and parking arrangement, not the highest recent sale.
Have the association documents ready. Budget, reserve study, inspection report and any assessment shorten diligence in a small building.
Comparable buildings
- Portofino Tower — a South of Fifth condominium tower near the southern tip of Miami Beach, larger and amenity-heavy.
- Apogee South Beach — a South of Fifth condominium tower with a full amenity program.
- Murano at Portofino — a South of Fifth condominium tower.
The neighborhood
For the full neighborhood — its buildings and recorded pricing — read The Roebling Index guide to South of Fifth.
Run the numbers
- Miami buyer closing cost calculator — documentary stamps on the mortgage, intangible tax, title insurance and the condo estoppel.
- Miami seller closing cost calculator — the deed documentary stamp tax, title, closing and association transfer fees.
Related guides
- Post-Surfside Miami condo diligence — milestone inspections, structural integrity reserve studies and special assessments.
- Florida Save Our Homes, explained — the assessment cap, the homestead exemption and portability.
Recorded sales history
Recorded transfers for this building in Miami-Dade County public records, back to Aug 1975. 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 |
|---|---|---|---|---|
| Jul 2025 | 3A | 920 sf | $590,000 | ✓ |
| Dec 2023 | 4C | 1,328 sf | $750,000 | ✓ |
| Sep 2022 | 4F | 713 sf | $400,000 | ✓ |
| Nov 2021 | 3A | 920 sf | $545,000 | ✓ |
| May 2021 | 2C | 1,323 sf | $710,000 | ✓ |
| Oct 2019 | 4B | 823 sf | $305,000 | |
| May 2018 | 4F | 713 sf | $317,000 | ✓ |
| Mar 2018 | 2C | 1,323 sf | $250,400 | |
| Jun 2017 | 2D | 1,215 sf | $478,000 | ✓ |
| Apr 2017 | 4B | 823 sf | $85,000 | |
| Dec 2014 | 2C | 1,323 sf | $625,000 | ✓ |
| Apr 2012 | 2C | 1,323 sf | $502,500 | ✓ |
| Feb 2011 | 2B | 828 sf | $175,000 | ✓ |
| Nov 2010 | 2B | 828 sf | $129,100 | |
| Aug 2010 | 4D | 1,216 sf | $390,000 | ✓ |
| Oct 2009 | 4E | 746 sf | $195,000 | ✓ |
| Oct 2008 | 2C | 1,323 sf | $125,000 | |
| Oct 2007 | 4D | 1,216 sf | $432,000 | ✓ |
| Jul 2006 | 3F | 713 sf | $260,000 | ✓ |
| Nov 2005 | 4F | 713 sf | $275,000 | ✓ |
| Nov 2005 | 3F | 713 sf | $205,000 | ✓ |
| Jul 2005 | 2C | 1,323 sf | $465,000 | ✓ |
| Apr 2005 | 2E | 747 sf | $195,000 | ✓ |
| Dec 2004 | 3E | 746 sf | $202,500 | ✓ |
| Aug 2004 | 3A | 920 sf | $250,000 | ✓ |
| Aug 2004 | 2A | 924 sf | $230,000 | ✓ |
| Apr 2004 | 3B | 825 sf | $215,000 | ✓ |
| Jul 2003 | 4F | 713 sf | $185,000 | ✓ |
| May 2003 | 3B | 825 sf | $178,800 | ✓ |
| Apr 2003 | 4D | 1,216 sf | $233,000 | ✓ |
| Sep 2001 | 4B | 823 sf | $134,000 | ✓ |
| Jun 2001 | 2F | 713 sf | $107,000 | ✓ |
| Jun 2000 | 2C | 1,323 sf | $155,000 | ✓ |
| May 2000 | 3A | 920 sf | $135,000 | ✓ |
| Sep 1999 | 3B | 825 sf | $92,000 | ✓ |
| Aug 1999 | 2E | 747 sf | $74,500 | ✓ |
| Jan 1999 | 2C | 1,323 sf | $129,900 | ✓ |
| Aug 1998 | 4D | 1,216 sf | $110,000 | ✓ |
| May 1998 | 4F | 713 sf | $66,000 | ✓ |
| May 1998 | 2C | 1,323 sf | $118,500 | ✓ |
| Jul 1997 | 2B | 828 sf | $68,000 | ✓ |
| Jun 1993 | 4F | 713 sf | $42,000 | ✓ |
| Feb 1993 | 1C | 1,354 sf | $82,000 | ✓ |
| May 1992 | 2E | 747 sf | $39,000 | ✓ |
| Jul 1990 | 3F | 713 sf | $35,000 | ✓ |
| Apr 1990 | 2C | 1,323 sf | $53,000 | ✓ |
| Nov 1989 | 4B | 823 sf | $39,000 | ✓ |
| Nov 1989 | 2B | 828 sf | $38,000 | ✓ |
| Sep 1983 | 4B | 823 sf | $39,000 | ✓ |
| Dec 1982 | 4E | 746 sf | $27,000 | ✓ |
| Nov 1980 | 4C | 1,328 sf | $47,000 | ✓ |
| Nov 1980 | 3E | 746 sf | $25,900 | |
| May 1978 | 2A | 924 sf | $34,000 | ✓ |
| Sep 1977 | 1C | 1,354 sf | $47,500 | ✓ |
| Mar 1977 | 2D | 1,215 sf | $44,000 | ✓ |
| Mar 1977 | 2C | 1,323 sf | $47,500 | ✓ |
| Nov 1976 | 2E | 747 sf | $32,000 | ✓ |
| Aug 1976 | 4C | 1,328 sf | $47,500 | ✓ |
| Aug 1976 | 1C | 1,354 sf | $47,500 | ✓ |
| Jun 1976 | 3C | 1,328 sf | $47,000 | ✓ |
| May 1976 | 3B | 825 sf | $31,000 | ✓ |
| Feb 1976 | 2B | 828 sf | $36,500 | ✓ |
| Nov 1975 | 4F | 713 sf | $34,000 | ✓ |
| Oct 1975 | 4D | 1,216 sf | $44,000 | ✓ |
| Sep 1975 | 2F | 713 sf | $29,000 | ✓ |
| Aug 1975 | 4E | 746 sf | $29,500 | ✓ |
| Aug 1975 | 4B | 823 sf | $30,000 | ✓ |
| Aug 1975 | 4A | 924 sf | $34,500 | ✓ |
| Aug 1975 | 3F | 713 sf | $34,000 | ✓ |
| Aug 1975 | 3E | 746 sf | $29,500 | ✓ |
| Aug 1975 | 3D | 1,224 sf | $42,000 | ✓ |
| Aug 1975 | 3C | 1,328 sf | $45,500 | ✓ |
| Aug 1975 | 3B | 825 sf | $31,000 | ✓ |
| Aug 1975 | 3A | 920 sf | $34,500 | ✓ |
| Aug 1975 | 2B | 828 sf | $31,000 | ✓ |
| Aug 1975 | 2A | 924 sf | $34,500 | ✓ |
✓ = qualified arms-length per the Miami-Dade Property Appraiser. 23 nominal-consideration paper transfers omitted.
This page reflects publicly available information compiled by The Roebling Research Desk. Specific building details should be confirmed with the association during due diligence; the recorded Declaration of Condominium, the current building budget, the current tax bill, the structural integrity reserve study and milestone-inspection status should be reviewed for any specific transaction. © 2026 The Roebling Team at Compass.
Considering a move at Laser?
Request a private building brief with the relevant recorded sales, current and off-market availability, and an apartment-specific view of value.
646.939.7375 · c.cohen@compass.com
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 or solicitation. Apartment estimates are automated, from public records, and are not appraisals.
The Roebling Team at Compass is led by Corey Cohen, a New York licensed associate real estate broker. For a purchase or sale in Miami, we introduce you to a licensed Compass agent there by referral and handle the New York side of your move ourselves. This page and its calculators are research, not an offer of representation.
To plan a move between Manhattan and Miami, schedule a consultation; where appropriate we’ll introduce you to a vetted Compass agent in the local market.