1502 Jefferson Ave · Miami Beach, FL 33139 · South Beach

The Elaine

3-story low-rise, completed 1926, 22 residences in South Beach. 1 for sale on Nov 2, 2026.

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At a glance The Elaine (1502 Jefferson Ave, South Beach) is a 3-story, 22-unit building completed in 1926. As of Nov 2, 2026, 1 unit is for sale and none for rent; the median rent was $2,075 a month over 8 leases in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale
1
For rent
0
Median rent
$2,075/mo8 leases · 12 mo
Sold
2last 12 months
Built
1926
Floors
3
Residences
22county
Flood zone
AEFEMA
Owner-occupied
18%
Avg. unit
623sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at The Elaine.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

The Elaine, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

13 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 1
  • Sold or leased, last 12 months 6
  • Seen in the MLS before that 6
  • No MLS record seen 5
0102030405063101020304050631

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen13of 22 residences on record
Floors with units3floors 1 to 3
Lines6stacks of units, by number

Closed $/SF figures use the 2 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

The largest typical unit is line 04, a median 420 sf over 3 units seen, recorded as studios.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 0121,039 sf2–1 sale, too few
Line 022684 sfStudio11 sale, too few
Line 032472 sfStudio––
Line 043420 sfStudio––
Line 052420 sfStudio––
Line 062420 sfStudio––

2 units in the record sit outside this grid (107, 108): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on The Elaine.

Activity as of Nov 2, 2026
  • A renters' building. Leases outnumbered sales 4 to 1 over the last 12 months (8 leases, 2 sales), at a median $2,075 a month.
Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

The Elaine is a low-rise condominium of three floors at 1502 Jefferson Ave in South Beach, built in 1926. County folio records count 22 residences, averaging 623 SF of living area.

One unit was for sale on November 2, 2026, asking $260K (that is $595/SF). Two sales closed between November 2, 2025 and November 2, 2026, from $275K to $380K, $295 and $366/SF.

Eight leases were signed over the same 12 months, at a median $2,075 a month (range $1,500 to $3,800). Leases outnumbered sales 4 to 1 over that year, so renters are a large share of who lives here.

County records show 18% of residences as owner-occupied, which points to an investor-heavy ownership base.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
1502 Jefferson Ave, Miami Beach 33139
Neighborhood
South Beach
Year built
1926
Floors
3
Residences (county-verified)
22
Owner-occupied
18% of residences
Avg. unit size
623 sq ft
Total living area
13,710 sq ft
County condo folios
22
Recorded MLS listings
36

The numbers at The Elaine.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2023 to 2026. Count in the tooltip.

$228$455$4492023$4552024$3312026$228$455$4492023$4552024$3312026

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)2$331*8$2,075/mo
2025––2$1,950/mo*
20243$4552$1,585/mo*
20232$449*6$1,725/mo
2022––2$1,675/mo*
2021––3$1,400/mo
2020––3$1,350/mo
2019––1$1,150/mo*

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 7 sales · 27 leases on record since 2023

Closed sales Nov 2, 2024 to Nov 2, 2026 · 2

UnitBDBASFAskedClosed$/SFClose dateDOM
301221,039$399,000$380,000$366Sep 30, 202643
20222931$299,000$275,000$295May 8, 202641

Leases signed Nov 2, 2025 to Nov 2, 2026 · 8

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
301221,039$3,700/mo$3,800/mo$3.66Oct 19, 20269
20301472$1,650/mo$1,500/mo$3.18Sep 10, 202642
20222931$2,700/mo$2,700/mo$2.90Jun 15, 20265
10811580$2,300/mo$2,250/mo$3.88May 1, 202619
201221,039$2,900/mo$3,000/mo$2.89Mar 20, 202612
30301472$1,900/mo$1,900/mo$4.03Feb 12, 202655
10701420$1,850/mo$1,850/mo$4.40Jan 3, 202645
10501420$1,650/mo$1,600/mo$3.81Jan 1, 202683

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on The Elaine.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 1956

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means
  • Based on year built 1926 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around The Elaine

5 more nearby

Smaller buildings close by: The Sabine (60 m) · The Ibiza (80 m) · Celestial Arms (90 m) · The Exotic Villas (180 m) · Marquesa (220 m) · 735 (230 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from The Elaine's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at The Elaine lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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