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$690,000 Just Listed
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Property Description
This property presents an excellent opportunity in the heart of South Beach, adjacent to the 1 Hotel South Beach, where room rates are among the highest in the area. The building and the residence have undergone substantial renovations, and the City of Miami Beach has approved the Promenade project, which will span from 24th Street to 29th Street, adjacent to the Riviera development. This initiative will enhance the current walkway and bring renewed energy to this section of South Beach. The property's 9-line residences are highly sought after due to its highly functional floor plan and generous square footage. Features include a contemporary kitchen, modern appliances, ceramic flooring, impressive views, and an outstanding in the heart of South Beach. Tenant occupied so please allow 48 hours when scheduling a viewing.
Full Property Details
Full Property Details for 2401 Collins Ave #509
General
- Price: $690,000
- HOA FEE: $1,470/month
- Taxes: $10,915 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11952497
- Updated: 2/24/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Lobby, First Floor Entry, Closet Cabinetry, Fire Sprinklers, Walk-In Closet(s), Family Room
- Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
- Furnishings: Unfurnished
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: Dual Sinks, Separate Tub & Shower
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level, Primary Bath Shower
Other Rooms
- Living Room: Family Room Sq. Ft.
- Dining Room: Formal Dining, Kitchen Dining
- Laundry: Common Area
Additional Information
- Shared Amenities: Billiard Room, Business Center, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Storage, Heated Pool, Trash Chute
- Maint. Includes: All Amenities, Building Exterior, Common Area, Elevator, Insurance, Landscaping/Lawn Maintenance, Laundry Facilities, Manager, Parking, Pool Service, Reserve Fund, Security, Sewer, Trash Removal, Water
- Security/Safety: Fire Sprinklers, Smoke Detector, Fire Alarm, Lobby Secured
Exterior
- Exterior Features: East Of Us1, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Assigned, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers
Location
- Area: The Riviera Condo
- County: Miami-Dade County
- Subdivision: THE RIVIERA CONDO, Riviera Condo
- Building Name: Riviera
- Driving Directions: Take Collins Avenue (A1A) to 24th Street, the Riviera Condo development is next door to the 1 Hotel South Beach property on the ocean.
- Direction Faces: Northwest
School Information
- Elementary School: North Beach
- Middle School: Nautilus
- High School: Miami Beach
Community
- Community Name: The Riviera Condo
- Association: Yes
- Units Assoc/Comm: 188
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Model: Two Bed Two Bath
- Construction: CBS Construction
- Entry Floor Number: 5
- Building Size: 1368
- Square Feet: 1,368
- Sq. Ft. Source: Building Plan/Survey
- Living Area: 1,368 Sq. Ft.
- Year Built: 1980
Unit Information
- Units in Complex: 188
Lot Features
- Property View: Canal, Ocean View
- Fencing (Description): Privacy
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Ocean Front
Financial Considerations
- Price Per Sq. Ft.: $504.39
- Association Fee: $1,470
- Assoc Fee Freq.: Monthly
- Tax Amount: $10,915
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: THE RIVIERA CONDO UNIT 509 UNDIV .00619471% INT IN COMMON ELEMENTS OFF REC 10838-194 OR 17290-3035 0596 5 COC 24401-5000 03 2006 4
- Restrictions: Exterior Alterations, No Trucks/Rv'S
- Inclusions: Unrestricted Salt Water Access, Beach, Beach Access
- Property ID: 02-32-26-014-1220
Listed by Wolf Real Estate Group, PLLC
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Schools
Schools serving 2401 Collins Ave #509
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
North Beach Elementary School 4100 Prairie Avenue, Miami Beach, FL 33140 | PK-5 | 1 mi |
Nautilus Middle School 4301 N Michigan Ave, Miami Beach, FL 33140 | 6-8 | 1.1 mi |
Miami Beach Senior High School 2231 Prairie Avenue, Miami Beach, FL 33139 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2401 Collins Ave #509
Date
Details
Price
Change
Source
2/23/2026
Listed
$690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2401 Collins Ave #509
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,915
13%
$614,765
18%
2024
$9,687
6%
$520,987
—
2023
$9,173
28%
$520,987
40%
2021
$7,183
-10%
$372,000
-12%
2022
$7,959
11%
$423,567
21%
2021
$7,183
13%
$348,800
6%
2019
$6,378
5%
$329,130
2%
2018
$6,068
-11%
$322,676
-16%
2017
$6,796
1%
$384,139
24%
2016
$6,721
3%
$310,082
10%
2015
$6,525
11%
$281,893
10%
2014
$5,857
24%
$256,267
10%
2013
$4,738
—
$232,970
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2401 Collins Ave #509
2401 Collins Ave #509, Miami Beach, FL 33140 (MLS# A11952497) is a Condo property with 2 bedrooms and 2 full bathrooms. 2401 Collins Ave #509 is currently listed for $690,000 and was received on February 23, 2026. Want to learn more about 2401 Collins Ave #509? Do you have questions about finding other Condo real estate for sale in Miami Beach? You can browse all Miami Beach real estate or contact a Coldwell Banker agent to request more information.

