CENTURY 21 Edge
$4,600$4,9501 bd2 ba1,100 sqft$4 /sqft$193 /mo all-in ↓

, MIAMI BEACH, FL, 33140

Active217 days on marketListed Dec 15, 2025MLS #A11931004

Priced 99% below the MIAMI BEACH 33140 medianReduced $350WaterfrontCondominiumBLUE DIAMOND CONDO

About this home

BLUE DIAMOND COND. REDUCED FOR QUIK RENT!!! UNFURNISHED 1 BEDROOM, PLUS LARGE DEN AND 2 full BATHROOMS. MIAMI SKYLINE AND INTRACOSTAL VIEWS. SEE THE SUNSET FROM THIS HUGE BALCONY.!!!! W/D INSIDE UNIT. ONE ASSIGNED PARKING PLUS VALET FOR A SECOND CAR. 5 STARTS AMENITIES. EASY TO SHOW!!! REALTORS READ BROKER'S REMARKS FOR SHOWINGS AN EXTRA INF. EASY TO SHOW!!!

Facts & features

The home at a glance

1

Bedrooms

2

Bathrooms

1,100

Sqft

1

Garage

2000

Year built

$4

Per sqft

Waterfront

Inside

FlooringMarble
AppliancesDishwasher · Dryer · Microwave · Refrigerator · Wall Oven · Washer

Outside & construction

Parking1 Space · Assigned · Valet

Community & fees

PetsNo

Utilities & systems

The numbers

What it really costs

Principal and interest plus estimated taxes and insurance. Run your own numbers below.

$193 /mo · 3.5% down FHA, 30-yr fixed at 6%

Principal & interest$27
FHA mortgage insurance (est.)$2
Est. property taxes (1.1%/yr)$4
Insurance (FL estimate)$160

The assumptions

Loan typeFHADown payment3.5% · $161Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesEstimated at 1.1%/yrInsuranceFlorida estimate

FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type
Down payment3.5% · $161
Interest rate6.00%
Loan term

Estimated payment

$193/mo

Principal & interest$27
FHA mortgage insurance (est.)$2
Est. property taxes$4
Est. insurance$160

Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Value check

Is the price right?

The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.

$/sqft vs Miami Beach actives

$4 vs $710

Days on market

217 vs 80 typical

Where $4/sqft sits among the 396 Miami Beach actives

101 · this home
156
58
37
16
28
$4–481$481–958$958–1435$1435–1912$1912–2389$2389+

The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.

Where it sits

Inside Miami Beach

Map of

Get to know Miami Beach. See the full Miami Beach guide →

MIAMI BEACH 33140 — neighborhood snapshot

Population

19,455

Median age

40.9

Median income

$103,898

Median home value

$863,600

Avg household

2.3

Households w/ children

1,748

For the school run

Dade County School District

ElementaryNorth Beach Elementary School★★★★★
MiddleMiami Beach Nautilus Middle School★★★★★
HighMiami Beach Senior High School★★★★★
District Instructional Center (Dic)
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami Beach market

Seller’s marketLeans buyer21.0 months of inventoryBuyer’s market

$1.0M$8.7M

Miami Beach median sold, yr/yr

97.9%

Sale-to-list ratio (12 mo)

45 of 396

Miami Beach actives have cut their price

Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 99% below the MIAMI BEACH 33140 median. See the full Miami Beach market guide →

Paper trail

This home's history

CurrentPrice reduced to $4,600 $350
Dec 15, 2025Listed at $4,950 · 217 days on market since
2000Built · BLUE DIAMOND CONDO

Reality check

What actually sold near

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

Nearby listingSold · Jun ’26

$1,075,000

Nearby listing · same community

1 bd · 2 ba · 1,100 sqft · $977/sqft

4779 Collins Ave # 2106, Miami Beach FL 33140Sold · Jan ’26

$1,020,000

4779 Collins Ave # 2106, Miami Beach FL 33140 · same community

1 bd · 2 ba · 1,100 sqft · $927/sqft · 201 DOM

4779 Collins Ave # 907, Miami Beach FL 33140Sold · Mar ’26

$1,470,000

4779 Collins Ave # 907, Miami Beach FL 33140 · same community

2 bd · 2 ba · 1,380 sqft · $1,065/sqft · 23 DOM

Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.

Your home team

The pros in your corner

Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.

Kevin Johnson

Your agent

Kevin Johnson

CEO & Managing Broker · CENTURY 21 Edge

Tours, negotiation, and every question about — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for — before you fall in love.

See it in person

Schedule a tour

Live availability from Kevin's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

FAQs

What would the monthly payment be for ?+

With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $193/mo — principal and interest, estimated property taxes and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.

Are pets allowed at ?+

The listing reports pets: No. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Miami Beach?+

At $4,600, this home is listed about 100% below the Miami Beach median of $995,000. The market section on this page shows how the area is trending.

Which schools are assigned to ?+

North Beach Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.

The brief

Five things that matter here

01Under the MIAMI BEACH 33140 market on paper

$4,600 is 99% below the MIAMI BEACH 33140 median of $389,500, and at $4/sqft it sits under the Miami Beach average of $789.

02Waterfront living

This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.

03Time on market is leverage

217 days on market against a Miami Beach median of 80 — sellers in this position are usually ready to negotiate.

04Strong assigned schools

North Beach Elementary School, Miami Beach Nautilus Middle School, Miami Beach Senior High School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — North Beach Elementary School rates 5 of 5. Always verify assignments with the district.

05The price has already moved

Listed at $4,950, now $4,600 — a $350 cut. The full history is in the market section below.

Listing courtesy of Ugarte Realty Inc. · Marianela Ugarte. MLS #A11931004.

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.

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