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240 Collins Ave, Unit 4A
+8 more
$499K

Terrace View Towers Condo Unit 4A

240 Collins Ave, Unit 4A • Miami Beach, FL 33139

at Terrace View Towers Condo

Beds
1
Baths
1
Living Area
650 SF
Price / SF
$768
HOA / Monthly
$710
Days on Market
251

About This Unit

Don’t miss this rare opportunity to own a beautifully renovated 2-bedroom in the most sought-after area of Miami Beach — South of Fifth. Just one block from the beach and a short walk to South Pointe Park, this residence offers unbeatable walkability to world-renowned restaurants, cafés, and shops. Set in a quiet, best neighborhood, the unit features contemporary design, modern finishes, and stylish upgrades throughout. It’s a true two-bedroom for the price of one. this gem won’t last long.

Pricing at Terrace View Towers Condo — $768/sqft
Terrace View Towers Condo Unit 4A is listed at $768/sqft.
Building-level comparison data is thin for this bedroom count — see Recent Comparable Sales below.
Based on live MIAMIRE active & closed listings at Terrace View Towers Condo.
Time on Market — 251 days
Terrace View Towers Condo Unit 4A has been on the market for 251 days.
Building-level pace data is thin for this bedroom count.
Price History
Originally listed at $505,000. Reduced to $499,000 on Feb 9, 2026 (after 175 days on market) — -1.2% (−$6,000).
Estimated Monthly Cost
Mortgage (P&I)
$2,710
HOA
$710
Property Tax
$387
Total / mo
$3,806
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 0.93%. HOA $1.09/sqft · All-in $5.86/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 1970 (56 years old) — past Florida's 40-year recertification trigger; verify milestone status.
Verify all of the above with the HOA before closing.
Unit: 4A
Year Built: 1970
Stories: 7
City: Miami Beach
Postal Code: 33139
HOA Fee: $710 / Monthly
View: Garden View
Waterfront: No
Private Pool: No
Heating: Central
Cooling: Central Air
Days on Market: 251
Listed: August 19, 2025
MLS #: A11862046

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: Luxe Properties
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11862046 • Updated Apr 27, 2026 • Photos uploaded 252 days ago — check listing for current condition.