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4779 Collins Ave, Unit 506
+46 more
$1.1M

Blue Diamond Condo Unit 506

4779 Collins Ave, Unit 506 • Miami Beach, FL 33140

at Blue Diamond Condo

Beds
1
Baths
2
Living Area
1,100 SF
Price / SF
$982
HOA / Monthly
$1,533
Days on Market
193

About This Unit

Experience resort-style living at the Blue Diamond in this 1-bedroom, 2-bath + den (converted into a 2nd bedroom) with tranquil garden views. Offering 1,100 sq. ft. of bright, open space, this residence showcases floor-to-ceiling windows, a eat-in kitchen w/ granite countertops, and 2 luxurious marble baths. Step outside to your expansive terrace, accessible from every room, and enjoy the seamless indoor-outdoor lifestyle that makes this home a true retreat. The Diamonds adds value to residents' quality of life with its wide range of first-class amenities: 24-hour security, valet, concierge, tennis court, pool/hot tubs, café/market, a 16,000 SQFT clubhouse/spa, gym, personal trainers, party room, children's playroom, billiards, business center, and beach attendant.

Pricing at Blue Diamond Condo — $982/sqft
Blue Diamond Condo Unit 506 is listed at $982/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Blue Diamond Condo.
Time on Market — 193 days
Blue Diamond Condo Unit 506 has been on the market for 193 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $1,100,000. Reduced to $1,080,000 on Mar 30, 2026 (after 183 days on market) — -1.8% (−$20,000).
Estimated Monthly Cost
Mortgage (P&I)
$5,865
HOA
$1,533
Property Tax
$1,094
Total / mo
$8,492
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.22%. HOA $1.39/sqft · All-in $7.72/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

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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 2000 (26 years old).
Verify all of the above with the HOA before closing.
Unit: 506
Year Built: 2000
Stories: 44
City: Miami Beach
Postal Code: 33140
HOA Fee: $1,533 / Monthly
View: Bay, Garden View, Skyline
Waterfront: Yes
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 193
Listed: September 29, 2025
MLS #: A11887208

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
Ricky Garcia
Ricky Garcia
Ricky J. Garcia LLC
Licensed with Global Luxury Realty
Listing courtesy of: Coldwell Banker Realty   ·  Darrell.Burks@Floridamoves.com
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11887208 • Updated Apr 10, 2026 • Photos updated 29 days ago.