Condo in 2924 Collins Avenue 501, Miami Beach, FL 33140 for sale with MLS# A11956598

Income opportunity through rental with seller financing available: Discover a prime investment in the heart of Miami Beach with this renovated 1,300-square-foot condominium at Ocean View Plaza. This 2-bedroom, 2-bathroom residence offers stunning views from a rare double balcony. The split floor plan is enhanced with modern LED lighting and ceramic floors, along with a new central air conditioning system that ensures 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 the private garage parking adds convenience. Located in a secured building with pest control included, and just moments from the vibrant South Beach lifestyle, this property offers an exceptional opportunity for both investors and homeowners alike.

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2924 Collins Avenue 501, Miami Beach, FL 33140

Price
Price:
$409,000.00
Original List Price:
$425,000.00
List Price per Sq Ft (Calculated, Approx.):
$416.49
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
July 6, 2026 7:26 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Separate Tub, Combo Tub/shower, Bedroom On Entry Level
Dining Area:
Eat-in Kitchen, Breakfast Area, Family/Dining Combination
Measures
Living Area:
982 Sqft
Built-Up Area:
982 Sqft
Property Features
View from the Property:
Other, Skyline
Waterfront:
No
Security:
Smoke Detector(s), Closed Circuit Camera(s), Security Fence, Entry - Phone/intercom
Furnished:
Unfurnished
Accessibility:
Accessible Elevator Installed, Accessible Doors, Accessible Hallway(s), Accessible Approach With Ramp
Appliances:
Dryer, Microwave, Refrigerator, Washer, Electric Range, Ice Maker, Oven
Interior:
Pantry, Walk-In Closet(s), Closet Cabinetry, Entrance Foyer, Built-in Features, Custom Mirrors, Elevator
Exterior:
Balcony, Lighting
Patio and Porch:
Patio, Porch, Porch - Open, Porch - Wrap Around
Windows:
Sliding
Green Energy Efficient:
Exposure/shade, Hvac, Thermostat, Water Heater, Lighting, Construction
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
East
Unit Description:
Corner/end Unit, High Rise
Balcony Details:
Balcony - Open
Construction
Year Built:
1980
Levels:
Two
Entry Level (floor):
1
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
5
Number of Units in the Community or Building:
25
Stories:
1
Road Frontage Type:
East of US-1
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$6,420.00
Tax Year:
2025
Tax Assessed Value:
$371,782.00
Association Fee:
$703.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Attached, Covered, Assigned, Attached Garage
Utilities
Electric:
Circuit Breakers
Utilities Available:
Cable Available
Community
Association
Special Assessment
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval, Association Approval Required, Rapid Approval
Association Type:
Condominium
Pets Allowed?:
No, Pet Restrictions Possible
Lease Number Times per Year Allowed:
1
Amenities Provided by the Homeowner's Association (HOA):
Trash Chute, Laundry, Maintenance, Elevator(s), Parking
Subdivision Name:
Ocean View Plaza
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Pest Control, Security, Maintenance Structure, Common Areas, Insurance, Elevator
Senior Community:
No
Development Name:
Ocean View Plaza
Restrictions:
Parking - No Rv, Parking - No Truck, Parking - No Trailer, See Remarks
Minimum Days per Lease:
365
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Okay To Lease During First Year
Terms
Listing Terms Considered by Seller:
Cash
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
OCEAN VIEW PLAZA CONDO UNIT 501 UNDIV 4.589% INT IN COMMON ELEMENTS OFF REC 10665-915 OR 16314-2763 0494 1 COC 23018-4062 12 2004 4
Real Estate Folio Number (Parcel Number):
0232260120040
Public Schools Assigned
Elementary School:
Richey Elementary School
High School:
Miami Beach
Middle Or Junior School:
Miami Beach Nautilus
Listing History
Active on the market since:
February 1, 2026
Listing Agreement executed on:
February 1, 2026
Price change occurred on:
July 6, 2026 7:26 pm
Listing Status Last Changed On:
February 1, 2026 9:38 pm
Photos updated on:
July 6, 2026 6:29 pm
Last Modified:
July 9, 2026 2:56 am
Additional Information
Courtesy of:
360 Realty, LLC.
Attribution:
Not provided
Location
Floor Number:
5
Street Name:
Collins
Street Number:
2924
Unit Number:
501
City:
Miami Beach
State:
Florida
Zip Code:
33140
County:
Miami-Dade
Latitude:
N25° 48' 20.1''
Longitude:
W81° 52' 30''
Street Suffix:
Avenue
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $103,898
Median Home Value $863,600
Median Rent $2,020/mo
Median Age 40
Population 19,455

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 53 Moderate
☀️ O3 27 Good
🫁 PM2.5 53 Moderate
💨 PM10 26 Good
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.