2924 Collins Avenue # 501, Miami Beach FL 33140 | Miami-Dade County | A11956598

The list price is $409,000. This unit is offered unfurnished. Fixtures and built-in appliances will convey with the property, while access to shared community amenities—including laundry facilities, elevators, exterior lighting, and a trash chute—is governed by the HOA.

For a precise inventory of included items and a review of the HOA's governing documents, contact Christopher Lazaro, Miami Beach Real Estate Broker.

The property at 2924 Collins Avenue #501 is located in Miami Beach, Florida, 33140, situated directly on the coastal Collins Avenue corridor. This places it within a well-established area of residential and hospitality uses, with direct beach access a defining feature of the address.

For a detailed discussion of the immediate building environment, traffic patterns, and specific verification of location attributes, you should contact Christopher Lazaro, Miami Beach Real Estate Broker.

The monthly HOA fee is $703. According to the association records, this fee covers All Amenities, Building Exterior, Common Area, Elevator, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Outside Maintenance, Parking, Pest Control Interior, Security, Sewer, Trash Removal, and Water.

Please be aware an active special assessment is recorded for the building; the specific balance and payment terms require direct verification with the association. The community is also governed by city ordinances, which can be reviewed in the municipal code. For a complete review of these fees and obligations, contact Christopher Lazaro, Miami Beach Real Estate Broker.

The tax of record is $6,420 for 2025. As an estimate only—Florida reassesses upon sale—at this list price of $409,000, the annual property tax could be approximately $8,180 without a homestead exemption, or approximately $7,180 with one, which lowers the taxable value for a primary residence. These are estimates, not quotes; confirm with the Miami-Dade Property Appraiser and a tax professional.

For precise verification and a detailed assessment, contact Christopher Lazaro, Miami Beach Real Estate Broker.

The property is located in a high-risk flood zone according to FEMA. This means lenders will require flood insurance, which is a separate policy from standard homeowners insurance.

You can review the official FEMA definitions for flood zones and view the FEMA flood map for this address. For a precise assessment of insurance implications, contact Christopher Lazaro, Miami Beach Real Estate Broker.

Yes, pets are allowed, with restrictions. The MLS record notes "Restrictions Or Possible Restrictions," so we will pull the condominium association's exact current pet rules for this unit upon request.

Separate federal accommodation rules apply for documented service or emotional support animals. For precise verification of the policy, contact Christopher Lazaro, Miami Beach Real Estate Broker.

The list price is grounded in recent market activity. For Miami-Dade condos, recent closings have averaged 94% of the final list price, with a market time around 64 days. A comparative market analysis for this specific building and vicinity provides the precise valuation anchor.

I recommend reviewing a current Miami Beach CMA before determining an offer strategy. To verify the analysis and discuss negotiation parameters, contact Christopher Lazaro, Miami Beach Real Estate Broker.

Before touring any property, including 2924 Collins Avenue #501, I recommend securing a mortgage pre-approval. This involves consulting a Florida Licensed Mortgage Loan Originator, which clarifies your precise budget and strengthens your position as a buyer.

Once you have that letter, contact Christopher Lazaro, Miami Beach Real Estate Broker, to verify your readiness and schedule a viewing of this $409,000 condo.