HomeCondos for SaleTriton Tower CondominiumUnit 1505
2899 Collins Ave, Unit 1505
2899 Collins Ave, Unit 1505 photo 12899 Collins Ave, Unit 1505 photo 22899 Collins Ave, Unit 1505 photo 32899 Collins Ave, Unit 1505 photo 42899 Collins Ave, Unit 1505 photo 52899 Collins Ave, Unit 1505 photo 62899 Collins Ave, Unit 1505 photo 72899 Collins Ave, Unit 1505 photo 8
+13 more
$550K

Triton Tower Condominium Unit 1505

2899 Collins Ave, Unit 1505 • Miami Beach, FL 33140

at Triton Tower Condominium

Beds
1
Baths
1
Living Area
726 SF
Price / SF
$758
HOA / Monthly
$640
Days on Market
0
Insider Price

About This Unit

Wake up to the sights and energy of Miami Beach from this impeccably maintained, move in ready residence in a beachfront condo building on Collins Avenue. Enjoy open views toward the ocean and the Miami Beach skyline, creating a true coastal living experience just steps from the sand. This bright unit features a remodeled kitchen with new stainless steel appliances, new flooring throughout, and four spacious closets offering excellent storage. The property is beautifully maintained and offers a secure, private landscaped garden, two swimming pools including one heated, and direct gated access to the Miami Beach Boardwalk with convenient public beach access. Residents enjoy full service amenities including 24 hour security, gated parking, fitness center, party room, and beach chair and umbrella service located directly behind the building on Miami Beach. Public transportation is easily accessible with Miami Beach Trolley and bus stops directly in front of the building. Grocery store, dining, and everyday conveniences are all within close proximity. Ideally located between South Beach and Bal Harbour, offering the best of Miami Beach beachfront living.

Pricing at Triton Tower Condominium — $758/sqft
At $758/sqft, Triton Tower Condominium Unit 1505 is priced at the top tier of units in this building. Fewer than 14% of comparable units ask more per sqft.
Triton Tower Condominium Unit 1505 vs Active Listings at Triton Tower Condominium: This condo is +42.4% higher (+$226/more per sqft) than the building's active 1BR median of $532/sqft, based on 7 active 1BRs.
Triton Tower Condominium Unit 1505 vs Recent Sold Listings at Triton Tower Condominium: This unit is +66.5% higher (+$303/more per sqft) than recent 1BR sales (median $455/sqft, based on 3 sales over 9 months).
Rank: This unit's $/sqft is higher than 86% of currently-active 1BR units at Triton Tower Condominium (sample of 7).
Insider Negotiation Strategy: 1BR units at Triton Tower Condominium typically close at 97.1% of asking. At that ratio, this unit could plausibly trade around $534,215.
Based on live MIAMIRE active & closed listings at Triton Tower Condominium.
Time on Market — 0 days
Triton Tower Condominium Unit 1505 is fresh to market — limited negotiating leverage at this stage.
This unit's 0 days on the market is 209 days shorter than the active 1BR median of 209 days (-100.0%).
Inventory position: 0th percentile for 1BRs currently active at this building.
Estimated Monthly Cost
Mortgage (P&I)
$2,987
HOA
$640
Property Tax
$476
Total / mo
$4,103
Assumes 7.20% rate on 20% down (30-year fixed). Tax effective rate 1.04%. HOA $0.88/sqft · All-in $5.65/sqft / month. Excludes wind / flood / contents insurance — verify your actual rate with a lender.

Schedule your private showing at Triton Tower Condominium.

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.

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

Active 1BR Comps at Triton Tower Condominium

UnitListSqft$/sqftDOM
#1505 $550,000 726 $758 0
#548 $339,000 726 $467 412
#1218 $515,000 797 $646 321
#1420 $399,000 600 $665 226
#424 $424,000 797 $532 0

Recent Closed 1BR Sales

ClosedUnitSold$/sqftvs List
2025-08-08 #946 $330,000 $455 97.3%
2025-09-17 #821 $310,000 $517 96.9%
2025-08-20 #708 $305,000 $420 97.1%
Comps are limited to the same bedroom count. Sold prices reflect what closed buyers actually paid.
Insider Notes from Ricky
  • Triton Tower Condominium is a 18-story mid-rise at 2899 Collins Ave, Miami Beach, FL 33140, built 1966. Currently 11 active listings on the market, with active asking prices ranging up to $550K.
  • Neighborhood: Miami Beach. Miami Beach is three distinct neighborhoods: South Beach (Ocean Drive, Lincoln Road, Art Deco, walking-everywhere), Mid-Beach (Faena, Edition -- quieter money), and North Beach (newer ultra-luxury construction without South Beach baggage). Per-square-foot variance between them is enormous.
  • Buyer profile here: Mix of primary residents (especially South Beach south of Fifth and Mid-Beach Faena District), second-home buyers, and condo-hotel investors.
  • Built 1966 (now 60 years old) -- past Florida's 25-year structural recertification trigger.
  • Mid-tier condo inventory ranging up to $550K.
  • At 18 stories, Triton Tower Condominium is mid-rise scale -- a typical balance of view exposure and intimate community feel.
  • Compared anchor: Compared to Sunny Isles (oceanfront tower wall), Miami Beach has more architectural diversity, more restaurants per block, and the South of Fifth and Faena Districts give some sub-areas resort-grade amenity stacks.
  • Rental rules vary per association in this market -- most Miami-Dade condos require 6 or 12-month minimum leases. Verify per-association before assuming Airbnb potential.
  • Pre-offer diligence: Older South Beach inventory hits Florida's 25-year structural recertification triggers; reserve study and assessment history are critical pre-offer items on pre-2000 buildings.
  • Ricky has worked the Miami Beach market for years and can pull HOA documents, recent comps, and reserve study status on any unit you're considering. Text (305) 33-RICKY -- that's (305) 337-4259 -- for a same-week walk-through.
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 1966 (60 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 Apr 2018 for $302,500 — held 8 years. They’re now asking $550,000+81.8% (+$247,500) vs. cost basis.
Source: most recent qualified deed on file with the Miami-Dade Property Appraiser.
Sales History
Date Price Type
Apr 2018 $302,500 arm’s-length
Oct 2006 $355,000 arm’s-length
Jan 1982 $91,400 arm’s-length
Source: Miami-Dade Property Appraiser. County living area: 726 sqft.
Unit: 1505
Year Built: 1966
Stories: 18
City: Miami Beach
Postal Code: 33140
HOA Fee: $640 / Monthly
View: Ocean View, Direct Ocean, Other View
Waterfront: Yes
Private Pool: No
Heating: Other
Cooling: Central Air
Days on Market: 0
Listed: February 10, 2026
MLS #: A11962233

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
Listing courtesy of: Douglas Elliman
Information provided by Miami Association of Realtors / SEFMLS • Deemed reliable but not guaranteed • MLS #: A11962233 • Updated Feb 10, 2026
Ricky Garcia Miami Realtor
Your Miami Insider

Ready to Make an Offer?

Ricky Garcia  |  Global Luxury Realty  |  License #3521781

Ricky has closed deals at Triton Tower Condominium. He knows the HOA, the best floors, and which units to avoid. Get a free no-pressure market analysis before you make any offer.

CALL (305) 33-RICKY That's (305) 337-4259
Send a message →    ⊕ Save Ricky's contact