HomeCondos for SaleThe Courts at South BeachUnit 12022
120 Jefferson Ave, Unit 12022
+7 more
$1.5M

The Courts at South Beach Unit 12022

120 Jefferson Ave, Unit 12022 • Miami Beach, FL 33139

at The Courts at South Beach

Beds
2
Baths
2
Living Area
1,120 SF
Price / SF
$1,335
HOA / Monthly
$1,563
Days on Market
1

About This Unit

Welcome to one of Miami most coveted addresses, The Courts at South Beach, perfectly positioned in the prestigious SOFI neighborhood. This south west corner, 2 bd/ 2.5ba plus den townhome, is flooded with beautiful natural light throughout. This open concept is ideal for both everyday living and entertaining, highlighted by an expansive balcony off the living room with partial water views, creating a seamless connection between indoor and outdoor living. Upstairs a spacious rooftop terrace offers exceptional potential for elevated outdoor living, large enough to accommodate a summer kitchen and lounge area. This townhome also includes two side by side assigned parking spaces, a valuable feature. Enjoy resort syle living with two pools, gym and front gate security. This unique residence is located just moments from world class dining, South Pointe Park, the beach and the marina. This home places you in the heart of one of Miami Beach's most desirable and vibrant communities in the country.

Pricing at The Courts at South Beach — $1,335/sqft
The Courts at South Beach Unit 12022 is listed at $1,335/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at The Courts at South Beach.
Time on Market — 1 day
The Courts at South Beach Unit 12022 has been on the market for 1 day.
Building-level pace data is thin for this bedroom count.
Estimated Monthly Cost
Mortgage (P&I)
$8,118
HOA
$1,563
Property Tax
$2,456
Total / mo
$12,137
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.97%. HOA $1.4/sqft · All-in $10.84/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

Schedule your private showing at The Courts at South Beach.

Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.

That's (305) 337-4259 • Available 7 days a week
Insider Notes from Ricky
  • The Courts at South Beach is a 2-story low-rise at 120 Jefferson Ave, Miami Beach, FL 33139, built 1996. Currently 2 active listings on the market, with active asking prices ranging up to $1.5M.
  • Neighborhood: Miami Beach. Miami Beach is three distinct neighborhoods: South Beach (Ocean Drive, Lincoln Road, Art Deco, walking-everywhere), Mid-Beach (Faena, Edition -- quieter money), and North Beach (newer ultra-luxury construction without South Beach baggage). Per-square-foot variance between them is enormous.
  • Buyer profile here: Mix of primary residents (especially South Beach south of Fifth and Mid-Beach Faena District), second-home buyers, and condo-hotel investors.
  • Built 1996 (now 30 years old) -- past Florida's 25-year structural recertification trigger.
  • Entry-luxury condos with active asking prices up to $1.5M.
  • At 2 stories, The Courts at South Beach is low-rise scale -- fewer total units typically means a more intimate building feel.
  • Compared anchor: Compared to Sunny Isles (oceanfront tower wall), Miami Beach has more architectural diversity, more restaurants per block, and the South of Fifth and Faena Districts give some sub-areas resort-grade amenity stacks.
  • Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
  • Pre-offer diligence: Older South Beach inventory hits Florida's 25-year structural recertification triggers; reserve study and assessment history are critical pre-offer items on pre-2000 buildings.
  • Ricky has worked the Miami Beach market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
What to Verify
Flood Zone: This unit is in flood zone AE. High-risk flood zone (Special Flood Hazard Area). Federal flood insurance required for federally-backed mortgages.
Building Age: Built in 1996 (30 years old) — approaching Florida's 30-year recertification trigger.
Ricky will verify all of the above with the HOA before closing.
💰 Current Owner's Cost Basis
The current owner bought this unit Nov 2021 for $700,000 — held 4 years. They’re now asking $1,495,000+113.6% (+$795,000) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
Date Price Type
Nov 2021 $700,000 arm’s-length
May 2019 $224,500 Unable to process sale due to deed errors
Jul 2004 $457,000 arm’s-length
May 2003 $372,500 arm’s-length
Oct 2000 $345,000 arm’s-length
Feb 1997 $289,000 arm’s-length
Source: Miami-Dade Property Appraiser. This unit owns 0.00405% of the building’s common elements. County living area: 1,120 sqft.
Unit: 12022
Year Built: 1996
Stories: 4
City: Miami Beach
Postal Code: 33139
HOA Fee: $1,563 / Monthly
View: Intracoastal View, Other View, Water View
Waterfront: No
Private Pool: No
Heating: Central, Other
Cooling: Ceiling Fan(s), Central Air, Other
Days on Market: 1
Listed: April 20, 2026
MLS #: A11979019

Location

Tour with Ricky

Schedule your private showing. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call (305) 33-RICKY
That's (305) 337-4259
Email About This Unit
Listing courtesy of: Insignia International Properties
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11979019 • Updated Apr 21, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

Ready to Make an Offer?

Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at The Courts at South Beach. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

CALL (305) 33-RICKY That's (305) 337-4259
Send a message →    ⊕ Save Ricky's contact