How do I schedule a tour of 2401 Collins Avenue 509, Miami Beach, FL 33140?

Use the Tour button on this listing to request a showing of 2401 Collins Avenue 509, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.

Is 2401 Collins Avenue 509, Miami Beach, FL 33140 still available?

2401 Collins Avenue 509, Miami Beach, FL 33140 is currently listed as Under Contract, and has been on the market 183 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.

How much is the monthly payment for 2401 Collins Avenue 509, Miami Beach, FL 33140?

With 20% down ($117,000) on the $585,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2401 Collins Avenue 509, Miami Beach, FL 33140 is about $3,074/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.

How do I get pre-approved to buy 2401 Collins Avenue 509, Miami Beach, FL 33140?

Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2401 Collins Avenue 509, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.

Does 2401 Collins Avenue 509, Miami Beach, FL 33140 have an HOA fee?

Yes: 2401 Collins Avenue 509, Miami Beach, FL 33140 carries an HOA fee of about $1,470 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.

What schools serve 2401 Collins Avenue 509, Miami Beach, FL 33140?

2401 Collins Avenue 509, Miami Beach, FL 33140 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.

Can I negotiate the price of 2401 Collins Avenue 509, Miami Beach, FL 33140?

Often, yes. The right offer on 2401 Collins Avenue 509, Miami Beach, FL 33140 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Under Contract

183 Days on Market

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$585,000

2401 Collins Avenue 509

Miami Beach, FL 33140

THE RIVIERA CONDO

Explore the area: Miami Beach homes for sale · Miami Dade County real estate

Price Check

How this price compares

Asking price: $585,000
Price per sq ft: $428
Vs. nearby sales: 16.9% below
Days on market: 183

This 2-bedroom condo in The Riviera Condo went under contract with an asking price of $585,000, or $428 per square foot. The asking price has come down 15.2% from its original $690,000. It spent 183 days on the market before going under contract. The 6 most recent condo sales in the closings shown below sold at a median of $515 per square foot, so the asking price was 16.9% below what comparable homes here actually sold for.

Bedrooms

Bathrooms

1,368

Living Sq Ft

1980

Year Built

Estimated monthly payment

$3,074 /mo

Principal and interest only, based on $117,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,470/mo HOA are not included.

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Listing Snapshot

Price: $585,000
Days on Site: 183 Days
Bedrooms: 2
Total Baths: 2
Full Baths: 2
Partial Baths: 0
Living Area: 1,368 sqft
Total Sq Ft: 1,368 sqft
Year Built: 1980
Property Type: Condo
MLS #: A11952497
Property Tax: $10,915 (2025)
HOA Fees: $1,470 / Monthly
Subdivision: THE RIVIERA CONDO
Development: Riviera Condo
County: Miami Dade
Status: Under Contract
Special Conditions: Listed As Is

About This Property

This property offers a prime South Beach location next to the 1 Hotel South Beach, with renovated building and residence. The approved Promenade project will enhance the walkway from 24th to 29th Street, revitalizing the area. The sought-after 9-line residences feature functional layouts, spacious interiors, a modern kitchen, updated appliances, ceramic flooring, impressive views, and central South Beach convenience. Tenant occupied; please schedule viewings 48 hours in advance. (See Realtor Comments)

Virtual Tour

General Features

Property Type: Condo
Status: Under Contract
Year Built: 1980
Property Condition: Resale
Number of Stories: 19
Garage Spaces: 1
Attached Garage: Yes
Parking: Assigned / Attached / Garage / Valet
Direction Faces: Northwest
Living Sq Ft: 1,368
Total Sq Ft: 1,368

Interior Features

Appliances: Dishwasher / Electric Range / Electric Water Heater / Ice Maker / Microwave / Refrigerator
Cooling: Central Air
Heating: Central
Flooring: Ceramic Tile
Interior Features: Bedroom On Main Level / Bathtub / Closet Cabinetry / Dining Area / Separate Formal Dining Room / Dual Sinks / Kitchen Dining Combo / Soaking Tub / Separate Shower / Walk In Closets
Total Rooms: 1
Furnished: Unfurnished

Exterior Features

Construction: Block
Exterior Features: Balcony / Lighting / Outdoor Living Area
Pool Features: Heated
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: No Fixed Bridges / Ocean Front
View: Beach / Canal / Ocean

Community & HOA

HOA Fee: $1,470 / Monthly
HOA Includes: Common Areas / Insurance / Maintenance Grounds / Maintenance Structure / Pools / Reserve Fund / Sewer / Security / Trash / Water
Association Amenities: Beach Rights / Beach Access / Billiard Room / Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Laundry / Management / Pool / Parking / Storage / Trash / Elevators
Security: Security System / Elevator Secured / Fire Alarm / Fire Sprinkler System / Secured Garage Parking / Phone Entry / Smoke Detectors
Utilities: Cable Available
Pets Allowed: Yes
55+ Community: Yes
Financing Terms: Cash / Conventional
Restrictions: Limited Number Vehicles / No Rv / No Truck / No Trailer Parking / Other Restrictions
MLS Area: 2320

This home's HOA fee works out to $1,470 a month, 9% above the $1,345 median across 4 homes for sale in The Riviera Condo. See The Riviera Condo HOA fees

Schools

Elementary School: North Beach
Middle School: Miami Beach Nautilus
High School: Miami Beach

About the Community

The Riviera

View Community Details →

The Riviera Condo is an age-restricted 55+ community in Miami Beach, Miami-Dade County, Florida, governed under the Housing for Older Persons Act (HOPA). Homes are priced from $579,900 to $1,200,000. At least one resident per home must be 55 or older. Pure Equity lists homes in The Riviera and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale: 4
Median List Price: $833,500
Median $/Sq Ft: $607
Avg Days on Market: 366

View all 4 homes for sale in The Riviera →

Frequently Asked Questions

How do I schedule a tour of 2401 Collins Avenue 509, Miami Beach, FL 33140?: Use the Tour button on this listing to request a showing of 2401 Collins Avenue 509, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 2401 Collins Avenue 509, Miami Beach, FL 33140 still available?: 2401 Collins Avenue 509, Miami Beach, FL 33140 is currently listed as Under Contract, and has been on the market 183 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 2401 Collins Avenue 509, Miami Beach, FL 33140?: With 20% down ($117,000) on the $585,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 2401 Collins Avenue 509, Miami Beach, FL 33140 is about $3,074/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 2401 Collins Avenue 509, Miami Beach, FL 33140?: Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 2401 Collins Avenue 509, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 2401 Collins Avenue 509, Miami Beach, FL 33140 have an HOA fee?: Yes: 2401 Collins Avenue 509, Miami Beach, FL 33140 carries an HOA fee of about $1,470 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 2401 Collins Avenue 509, Miami Beach, FL 33140?: 2401 Collins Avenue 509, Miami Beach, FL 33140 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 2401 Collins Avenue 509, Miami Beach, FL 33140?: Often, yes. The right offer on 2401 Collins Avenue 509, Miami Beach, FL 33140 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Wolf Real Estate Group, PLLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$585,000

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Listed by Ricardo Wolf, Wolf Real Estate Group, PLLC

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Recently sold homes in The Riviera Condo

These are the last 6 recorded closings in The Riviera Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $529 per square foot. The most recent closed on September 16, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.