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$729,500

2457 Collins Ave #1501, Miami Beach, FL 33140

Bedrooms
2
Baths
2
Living area
1,185 ft²
Price per ft²
$616 / ft²
Type
Condo
Year built
1983
HOA
$1,292 / mo HOA
On market
2 days on market
MLS #
A12108180

Welcome to Residence 1501 at The Royal Club, a spacious 2-bedroom, 2-bath residence with 1,185 SF in an oceanfront building on iconic Collins Avenue. Perched on the 15th floor, the residence offers great natural light, a private balcony and open west-facing views across Miami Beach, the Intracoastal and city skyline — especially beautiful at sunset. The comfortable, functional layout offers generous living and dining areas, well-sized bedrooms and an excellent opportunity to update and make the space your own. The Royal Club offers direct beach access and access to Miami Beach’s beautiful 7-mile paved Beachwalk, perfect for walking, jogging and biking along the ocean. Residents enjoy a pool, fitness center, sauna, clubhouse, secured entry and on-site management. The building has completed its 40-year recertification along with substantial improvements to its common areas and amenities. Prime Mid-Beach location minutes from the Faena District, South Beach, restaurants, hotels, shopping and everything Miami Beach has to offer.

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 $616. The median for recorded sales in the same ZIP codes is $606/ft² — putting it close to the median.
  • Position in the area’s price distributionThe asking price is $729,500; the median of recorded sales in the area is $590,000 (2,276 sales). On raw price that is 24% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,292 per month comes to $15,504 a year — 2.1% 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%$218,850
Term

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

Estimated monthly payment$3,536
Loan amount
$510,650
Total interest over the term
$762,179
Total repaid
$1,272,829

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

Compass Florida, LLC

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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