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$265K

Collins Towers Condo Unit 204

720 Collins Ave, Unit 204 • Miami Beach, FL 33139

at Collins Towers Condo

Text or Call Ricky

Beds

Baths

Living Area

720 SF

Price / SF

$368

HOA / Quarterly

$1,963

Days on Market

About This Unit

Miami Beach Condo for Sale! Located in the heart of South Beach. Live the South Beach lifestyle in this Beautiful 1-bedroom 1-bathroom condo located just 2 blocks from the beach and iconic Ocean Drive. This Condo provides excellent natural light and a spacious feel. Situated within walking distance to Lincoln Road, Whole Foods, and all the best that South Beach has to offer. Secure building with intercom entry and on-site laundry. Easy to show. Ideal for end-users or investors — can be rented right away. Come put your toes in the sand and live it up!. Please note, some of the images in this listing have been virtually staged.

Pricing at Collins Towers Condo — $368/sqft

Collins Towers Condo Unit 204 is listed at $368/sqft.

Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.

Based on live MIAMIRE active & closed listings at Collins Towers Condo.

Time on Market — 4 days

Collins Towers Condo Unit 204 has been on the market for 4 days.

Building-level pace data is thin for this bedroom count.

Estimated Monthly Cost

Mortgage (P&I)

$1,439

HOA

$654

Property Tax

$433

Total / mo

$2,526

Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.96%. HOA $0.91/sqft · All-in $3.51/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

Schedule your private showing at Collins Towers Condo.

Walk the unit with someone who knows this building inside out. Get pricing history, negotiation strategy, and the things the listing won't tell you.

Text or Call — (305) 33-RICKY Email Ricky

That's (305) 337-4259 • Available 7 days a week

Recent Comparable Sales

Active 1BR Comps at Collins Towers Condo

UnitListSqft$/sqftDOM

#— — 720 $368 4

Recent Closed 1BR Sales

ClosedUnitSold$/sqftvs List

2025-09-26 #— $275,000 $382 —

Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.

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 1972 (54 years old) — past Florida's 40-year recertification trigger; verify milestone status.

Ricky will verify all of the above with the HOA before closing.

💰 Current Owner's Cost Basis

The current owner bought this unit Mar 1997 for $63,000 — held 29 years. They’re now asking $265,000 — +320.6% (+$202,000) vs. cost basis.

Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.

⚡ Possible Flip

4 months ago the current owner paid $195,100. They’re now asking +35.8% over that — $69,900 more in 4 months. (Most recent transfer was unqualified — could be a trust transfer rather than an arm’s-length sale.)

Sales History

Date	Price	Type
Jan 2026	$195,100	Federal, state or local government agency
Dec 2022	$160,100	Federal, state or local government agency
Mar 1997	$63,000	arm’s-length
Aug 1972	$21,500	arm’s-length

Source: Miami-Dade Property Appraiser. This unit owns 0.01651% of the building’s common elements. County living area: 720 sqft.

Building: Collins Towers Condo

Unit: 204

Year Built: 1972

Stories: 7

City: Miami Beach

Postal Code: 33139

HOA Fee: $1,963 / Quarterly

View: Other View

Waterfront: No

Private Pool: No

Heating: Central, Electric

Cooling: Central Air, Electric

Days on Market: 4

Listed: May 5, 2026

MLS #: A12013751

Tax Folio: 02-4203-127-0040 ↗ View tax record (sales history, assessed value, legal description)

Location

Listing courtesy of: Miami Trust Realty Inc

Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A12013751 • Updated May 9, 2026