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2555 Collins Ave, #506, Miami Beach, FL, 33140 | $830,000
Now Offered at a Newly Reduced Price
Experience elevated living at an exceptional value. This beautifully appointed residence is now priced to sell, presenting a rare opportunity to own in this sought-after location. A perfect blend of sophistication, comfort, and investment potential—now more attainable than ever.
Ideally located with easy access to everything Miami Beach has to offer, including world-famous South Beach nightlife, dining, shopping, and entertainment. Whether you’re looking for a primary residence, vacation getaway, or investment opportunity, this property delivers both location and lifestyle.
The full-service building offers an impressive array of amenities, including a 24-hour front desk attendant, security, valet parking, fitness center (currently under construction), social rooms, on-site deli, and relaxing oceanfront gazebos. Step outside and enjoy the boardwalk and pristine beach just steps from your door—your backyard is the Atlantic Ocean.
Peace of mind comes with the building having already completed its 40/50-year recertification, with all required work and improvements finished.
Don’t miss this rare opportunity to own direct oceanfront living in Miami Beach at an unbeatable value.
**Currently tenant occupied. Minimum 24-hour notice required through SHOW TIME. Tenant has been notified of the 60-day vacate requirement under the executed contract. ****
Features
- Heating: Central
- Cooling: Central Air,Electric
- Levels: 24
- Amenities: Bike Storage,Clubhouse,Elevator(s),Fitness Center,Barbecue,Picnic Area,Pool,Storage,Trail(s)
- Bedrooms: 2
- Baths: 2 full
- Complex: CLUB ATLANTIS CONDO
- Year Built: 1982
- Common Charge: $1,285 Monthly
- Approx Sq. Feet: 1,037
- Est. Taxes: $12,621
- View: Ocean
- Adult Communities: Yes
- Water Front: Yes
- Elem. School: North Beach
- Middle School: Nautilus
- High School: Miami Beach
- Pets Allowed: Yes
- Pet Policy: Conditional,Yes
- Appliances: Dishwasher,Electric Range,Microwave,Refrigerator
- MLS#: A11978798
- Website: https://www.raveis.com
/prop/A11978798/2555collinsave_miamibeach_fl?source=qrflyer
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.Listing courtesy of Miami Premier Realty
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
2555 Collins Ave, #506, Miami Beach, FL, 33140
$830,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $664,000 | $664,000 | $664,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,052 | $1,052 | $1,052 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,875 | $3,981 | $5,603 |
| Total Monthly Payment | $5,019 | $5,125 | $6,747 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388