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$495,000

2899 Collins Ave #1505, Miami Beach, FL 33140

Bedrooms
1
Baths
1
Living area
726 ft²
Price per ft²
$682 / ft²
Type
Condo
Year built
1966
HOA
$640 / mo HOA
On market
48 days on market
MLS #
A12079523

Beachfront Miami Beach living on Collins Avenue, with ocean and skyline views and an exceptional location near the Faena District. This bright, impeccably maintained, move in ready residence features a remodeled kitchen with new stainless steel appliances, new flooring throughout, and four spacious closets offering exceptional storage. Enjoy direct gated access to the Miami Beach Boardwalk and beach, two resort style swimming pools including one heated, landscaped gardens, fitness center, secure gated parking, 24 hour security, party room, and beach chair and umbrella service. Ideally located near some of Miami Beach's top hotels, restaurants, shopping, and entertainment, with grocery stores, the Miami Beach Trolley, and public transportation nearby. An exceptional opportunity to own a primary residence or vacation home and enjoy the beachfront Miami Beach lifestyle in a prime Collins Avenue location.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $682. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 13% above the median.
  • Position in the area’s price distributionThe asking price is $495,000; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 16% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $640 per month comes to $7,680 a year — 1.6% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$148,500
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$2,399
Loan amount
$346,500
Total interest over the term
$517,175
Total repaid
$863,675

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Douglas Elliman

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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