$365,000

4747 Collins Ave #708, Miami Beach, FL 33140

Bedrooms
1
Baths
1
Living area
790 ft²
Price per ft²
$462 / ft²
Type
Condo
Year built
1962
HOA
$822 / mo HOA
On market
63 days on market
MLS #
A12052243

Spacious 1-bedroom, 1-bath residence in the oceanfront Mimosa Condominium on prestigious Millionaire’s Row. This well-designed home features an oversized living and dining area, a generous bedroom with ample closet space, impact windows, and a functional kitchen and bathroom. The unit has been freshly painted, and the owner plans to install new luxury vinyl flooring and update the kitchen, offering buyers the opportunity to personalize select finishes. Mimosa offers resort-style amenities including direct beach access, oceanfront pool, fitness center, 24-hour security, valet, attended lobby, and on-site management. Ideally located just minutes from Bal Harbour, South Beach, world-class dining, shopping, and entertainment. Whether you’re seeking a primary residence, vacation home, or investment property, this is an exceptional opportunity to own in one of Miami Beach’s premier oceanfront communities.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $462. The median for recorded sales in the same ZIP codes is $608/ft² — putting it 24% below the median.
  • Position in the area’s price distributionThe asking price is $365,000; the median of recorded sales in the area is $586,000 (2,219 sales). On raw price that is 38% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $822 per month comes to $9,864 a year — 2.7% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$109,500
Term

6.76% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 10, 2026.

Estimated monthly payment$1,659
Loan amount
$255,500
Total interest over the term
$341,692
Total repaid
$597,192

Foreign buyers are typically asked for 30–40% down, at rates 1–2 points above what US citizens pay. The rate above is the US-citizen product — enter your own rate if you know your terms.

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

ALG Capital Group Corp

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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