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The Roebling Index · Miami
Published by The Roebling Team at Compass · Corey Cohen, NY Licensed Associate Real Estate Broker
Miami·South of Fifth·Condominium

Laser

201 Jefferson Avenue, Miami Beach, FL 33139

South of Fifth

Folio 0242031400001

At a glance
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
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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.

Selling, buying or moving?

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.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
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

Related guides

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.

DateResidenceSizePriceArms-length
Jul 20253A920 sf$590,000✓
Dec 20234C1,328 sf$750,000✓
Sep 20224F713 sf$400,000✓
Nov 20213A920 sf$545,000✓
May 20212C1,323 sf$710,000✓
Oct 20194B823 sf$305,000
May 20184F713 sf$317,000✓
Mar 20182C1,323 sf$250,400
Jun 20172D1,215 sf$478,000✓
Apr 20174B823 sf$85,000
Dec 20142C1,323 sf$625,000✓
Apr 20122C1,323 sf$502,500✓
Feb 20112B828 sf$175,000✓
Nov 20102B828 sf$129,100
Aug 20104D1,216 sf$390,000✓
Oct 20094E746 sf$195,000✓
Oct 20082C1,323 sf$125,000
Oct 20074D1,216 sf$432,000✓
Jul 20063F713 sf$260,000✓
Nov 20054F713 sf$275,000✓
Nov 20053F713 sf$205,000✓
Jul 20052C1,323 sf$465,000✓
Apr 20052E747 sf$195,000✓
Dec 20043E746 sf$202,500✓
Aug 20043A920 sf$250,000✓
Aug 20042A924 sf$230,000✓
Apr 20043B825 sf$215,000✓
Jul 20034F713 sf$185,000✓
May 20033B825 sf$178,800✓
Apr 20034D1,216 sf$233,000✓
Sep 20014B823 sf$134,000✓
Jun 20012F713 sf$107,000✓
Jun 20002C1,323 sf$155,000✓
May 20003A920 sf$135,000✓
Sep 19993B825 sf$92,000✓
Aug 19992E747 sf$74,500✓
Jan 19992C1,323 sf$129,900✓
Aug 19984D1,216 sf$110,000✓
May 19984F713 sf$66,000✓
May 19982C1,323 sf$118,500✓
Jul 19972B828 sf$68,000✓
Jun 19934F713 sf$42,000✓
Feb 19931C1,354 sf$82,000✓
May 19922E747 sf$39,000✓
Jul 19903F713 sf$35,000✓
Apr 19902C1,323 sf$53,000✓
Nov 19894B823 sf$39,000✓
Nov 19892B828 sf$38,000✓
Sep 19834B823 sf$39,000✓
Dec 19824E746 sf$27,000✓
Nov 19804C1,328 sf$47,000✓
Nov 19803E746 sf$25,900
May 19782A924 sf$34,000✓
Sep 19771C1,354 sf$47,500✓
Mar 19772D1,215 sf$44,000✓
Mar 19772C1,323 sf$47,500✓
Nov 19762E747 sf$32,000✓
Aug 19764C1,328 sf$47,500✓
Aug 19761C1,354 sf$47,500✓
Jun 19763C1,328 sf$47,000✓
May 19763B825 sf$31,000✓
Feb 19762B828 sf$36,500✓
Nov 19754F713 sf$34,000✓
Oct 19754D1,216 sf$44,000✓
Sep 19752F713 sf$29,000✓
Aug 19754E746 sf$29,500✓
Aug 19754B823 sf$30,000✓
Aug 19754A924 sf$34,500✓
Aug 19753F713 sf$34,000✓
Aug 19753E746 sf$29,500✓
Aug 19753D1,224 sf$42,000✓
Aug 19753C1,328 sf$45,500✓
Aug 19753B825 sf$31,000✓
Aug 19753A920 sf$34,500✓
Aug 19752B828 sf$31,000✓
Aug 19752A924 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.

Prefer to speak directly? Schedule a consultation →
Corey Cohen, Licensed Associate Real Estate Broker · The Roebling Team at Compass
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.

A note on representation

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.