$487,000
$93K PRICE DROP

2924 Collins Ave Unit 501 Miami Beach, FL 33140

Miami Beach Boardwalk Neighborhood

Estimated payment $3,792/month

Total Views 2,103
2 Beds
2 Baths
982 Sq Ft
$496 Price per Sq Ft

Highlights

  • Intercom to Front Desk
  • Skyline View
  • Breakfast Area or Nook
  • North Beach Elementary School Rated A-
  • End Unit
  • Balcony

About This Home

Rental Income Opportunity. Discover a prime investment in the heart of Miami Beach with this renovated 1,300 sq ft condo at Ocean View Plaza. This 2-bed, 2-bath residence showcases sweeping views from a rare double balcony. The split-floor plan is highlighted in modern LED lighting and tile floors and new central AC ensuring year-round comfort. The luxurious master suite includes a walk-in closet, and both bathrooms feature shower/tub combinations for relaxation. Enjoy direct beach access and strolls along the iconic Miami Beach Boardwalk, while private garage parking adds convenience. Set within a secure building with pest control included, and just moments from South Beach’s vibrant lifestyle, this property presents an exceptional opportunity for investors and homeowners alike.

Listing Agent

David Errante Jr

360 Realty, LLC. Brokerage Phone: 844-360-7653 License #3411913 Listed on: 09/04/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,420

Year Built

  • Built in 1980

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $703 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 982 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Family or Dining Combination
  • Ceramic Tile Flooring
  • Skyline Views
  • Video Cameras

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessible Doors
  • Accessible Approach with Ramp

Eco-Friendly Details

  • Energy-Efficient Exposure or Shade
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Porch

Location

  • East of U.S. Route 1

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-012-0040

Community Details

Overview

  • 25 Units
  • Ocean View Plaza Condos
  • Ocean View Plaza Subdivision, Top Floor Ne Corner Floorplan
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • Property has 1 Level

Amenities

  • Trash Chute
  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Security

  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,420

Year Built

Built in 1980

Lot Details

0

HOA Fees

$703 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: From I-95, take I-195 East to Collins Avenue. Turn right onto Indian Creek Drive, then left onto 28th Street, and left again onto Collins Avenue. 2924 Collins Avenue will be on your left.
  • Entry Level: 5
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 1
  • Master Model: Top Floor NE Corner
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Ocean View Plaza
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • Attribution Contact: 844-360-7653
  • CurrentPrice: 487000
  • InternetRemarks: Rental Income Opportunity. Discover a prime investment in the heart of Miami Beach
  • ShowingTimeFlag: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Custom Mirrors, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s)
  • Accessibility Features: Accessible Elevator Installed, Accessible Approach with Ramp, Accessible Doors, Accessible Hallway(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 982
  • Other Equipment: Elevator
  • Stories: 5
  • Window Features: Sliding
  • Bedroom Features: Entry Level, Primary Bath Tub
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Family/Dining Combination
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Other View, Skyline
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Concrete Block Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony, Open Porch, Patio, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Ocean View Plaza
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced, Intercom In Lobby, TV Camera

Condo/Co-op/Association

  • Association Fee: 703
  • Amenities: Laundry, Elevator(s), Exterior Lighting, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-26-012-0040

Green Features

  • Efficiency: Construction, Exposure/Shade, HVAC, Lighting, Thermostat, Water Heater

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 6420

Multi Family

  • Number Of Units In Community: 25
  • Number Of Units Total: 25

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,687 $371,782 -- --
2024 $6,341 $347,257 -- --
2023 $6,341 $315,689 $0 $0
2022 $5,461 $286,990 $0 $0
2021 $5,037 $260,900 $0 $0
2020 $5,051 $260,900 $0 $0
2019 $5,322 $274,636 $0 $0
2018 $4,854 $270,367 $0 $0
2017 $4,643 $228,428 $0 $0
2016 $4,815 $207,662 $0 $0
2015 $4,696 $188,784 $0 $0
2014 $4,047 $171,622 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2025 10/03/25 Price Changed $487,000 -16.0% $496 / Sq Ft
09/04/2025 09/04/25 For Sale $579,900 0.0% $591 / Sq Ft
08/22/2025 08/22/25 Rented $2,675 0.0% --
08/01/2025 08/01/25 For Rent $2,675 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Warranty Deed $260,000 --
Warranty Deed $110,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11872893

MIAMI REALTORS® MLS

APN: 02-3226-012-0040

Florida Miami/Dade County Miami Beach 33140 Miami Beach Boardwalk

2924 Collins Ave Unit 501, Miami Beach, FL

For Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
David Errante Jr
Listing Agent
David Errante Jr
Section Image
360 Realty, LLC.
(786) 600-4256