Property listing for 2555 Collins Ave #506, Miami Beach, FL, 33140
For SaleCondominium

$949,000

2555 Collins Ave #506, Miami Beach, FL, 33140

Direct Oceanfront 2-Bed, 2-Bath with Two Private Balconies in Miami Beach

2 Bed · 2 Bath · 1,037 Sq Ft

Unobstructed Atlantic views, full-service building, steps to the boardwalk and beach

2

Beds

2

Baths

1,037

Sq Ft

1982

Built

About 2555 Collins Ave #506

What first arrests you here are the Atlantic views — every room looks directly out over open water. This direct oceanfront residence at 2555 Collins Ave #506 provides two private balconies that frame the horizon, turning sunrise and surf into daily scenery. At 1,037 square feet the floor plan balances livability with efficiency: both bedrooms and the living area enjoy those unobstructed vistas, while thoughtful sightlines make the space feel larger than the numbers suggest.

Inside, the home is configured for easy coastal living. Two full baths support full-time life or frequent guests, and the two balconies give you options for morning coffee and evening breeze. The unit’s orientation and large openings emphasize the view as the principal design element — it’s the feature that defines the layout. Built in 1982, the building retains a classic Miami Beach presence while offering modern convenience through its on-site services.

Residents benefit from a full-service building program: 24-hour front desk attendant, security, valet parking, social rooms and an on-site deli. A fitness center is currently under construction and the oceanfront property includes relaxing gazebos and direct access to the boardwalk and beach — your backyard is the Atlantic. Notably, the community has completed its 40/50-year recertification and required improvements, reducing a common ownership uncertainty on older coastal buildings.

This listing represents a rare value for direct oceanfront living on Miami Beach. The seller’s list price of $949,000 aligns with the third-party valuation midpoint, presenting an opportunity for an owner-occupant seeking daily beach access, a seasonal retreat, or an investor evaluating short-term or long-term rental potential. Please note the unit is currently tenant-occupied; showings require a minimum 24-hour notice through SHOWTIME, and the tenant has been notified of the 60-day vacate requirement under the executed contract.

Location is a defining advantage — set on Collins Avenue with easy access to Miami Beach’s dining, nightlife and shopping, while the oceanfront boardwalk invites walking, running and casual seaside routines. If you want an authentic Miami beach life with commanding views at a compelling price point, this is a direct-oceanfront option to consider.

Home Highlights

Direct oceanfront views from every roomTwo private balconies facing the Atlantic1,037 sqft — efficient 2BR/2BA layoutFull-service building with 24-hour desk and valetCompleted 40/50-year recertificationOn-site deli, social rooms, oceanfront gazebosTenant-occupied — 24-hour showing notice requiredList price aligns with third-party valuation midpoint

Property Features

Interior Features

  • 2 bedrooms and 2 full bathrooms
  • 1,037 square feet of living space
  • Direct ocean views from every room
  • Two private balconies facing the Atlantic
  • Efficient, livable floor plan suitable for full-time or seasonal use

Exterior & Lot

  • Direct oceanfront property on Collins Avenue
  • Immediate access to the beachfront boardwalk
  • Oceanfront gazebos and communal outdoor spaces
  • Building completed 40/50-year recertification and required improvements

Location & Neighborhood

  • Steps to the Atlantic Ocean and Miami Beach boardwalk
  • Easy access to Miami Beach dining, nightlife, and shopping
  • Located on Collins Avenue with direct beachfront frontage
  • Suitable for primary residence, vacation home, or investment unit

Walkability & Recreation

  • Walkability Rating: null — immediate beach and boardwalk access
  • Nearby beaches and oceanfront recreation
  • Running and walking along the beachfront boardwalk
  • Community leisure spaces and social rooms
  • Fitness center currently under construction

Neighborhood & Location

This address sits directly on Collins Avenue with immediate access to the Atlantic and the beachfront boardwalk. The setting places you within reach of Miami Beach’s restaurants, shops and nightlife while preserving a seaside rhythm of walking, biking and oceanfront leisure. Residents enjoy daily proximity to sand and surf, plus convenient access to the broader Miami Beach scene — from casual dining to curated nightlife. The building’s oceanfront position transforms routine errands into seaside strolls and makes outdoor recreation central to everyday life.

Market Insights

Analysis based on the available listing data indicates this offering sits at the midpoint of its valuation estimate: the broker list price of $949,000 matches the estimated market midpoint, with an indicated price per square foot of roughly $915. While comprehensive local metrics (days on market, inventory counts, and recent sales volume) were not included in the research packet, several items in the listing materially influence market appeal: direct, unobstructed oceanfront orientation; completed 40/50-year recertification; and full-service building amenities. Those attributes typically sustain strong buyer interest in Miami Beach, particularly among purchasers prioritizing location and beachfront access.

For investors, the current tenant occupancy creates immediate cash-flow considerations but also requires coordination for showings and vacancy timing. For owner-occupants, the alignment of list price with valuation suggests reasonable pricing versus broader comp sets. Buyers should request local market comparables, current inventory levels for oceanfront condos in the area, and recent days-on-market figures to validate competitive positioning, but based on available data this property represents a market-aligned opportunity for direct oceanfront ownership in Miami Beach.

Walkability & Recreation

92
Recreation

Exceptional beachfront recreation with direct access to the Atlantic, oceanfront boardwalk for running and walking, and communal gazebos for seaside leisure.

AI Valuation Estimate

Low

$911K

Midpoint

$949K

High

$987K

$915/SF estimated price per square foot

65% confidence

Derived from Redfin listing LD+JSON

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Nearby Points of Interest

  • Immediate access to the beachfront boardwalk
  • Steps to the Atlantic Ocean and Miami Beach boardwalk
  • Easy access to Miami Beach dining, nightlife, and shopping
  • Located on Collins Avenue with direct beachfront frontage
  • Walkability Rating: null — immediate beach and boardwalk access
  • Nearby beaches and oceanfront recreation
  • Running and walking along the beachfront boardwalk

This address sits directly on Collins Avenue with immediate access to the Atlantic and the beachfront boardwalk. The setting places you within reach of Miami Beach’s restaurants, shops and nightlife while preserving a seaside rhythm of walking, biking and oceanfront leisure. Residents enjoy daily proximity to sand and surf, plus convenient access to the broader Miami Beach scene — from casual dining to curated nightlife. The building’s oceanfront position transforms routine errands into seaside strolls and makes outdoor recreation central to everyday life.

Market data is based on aggregated public records and may not reflect real-time conditions.

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