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4775 Collins Ave # 507, Miami Beach FL 33140
About this home
Rarely on the market, this split floor plan lowest priced 2-bedroom, 2-bath corner residence at the Green Diamond is on the 5th floor. Offers a truly unique feature—a huge wraparound terrace larger than those on higher floors. The light-filled home has brand-new flooring, stovetop, and water heater, complemented by floor-to-ceiling windows. The bright eat in kitchen has granite counter tops with dual sinks. A spacious en-suite primary bedroom has a large walk in closet and a marble bathroom with a jacuzzi tub and dual sinks. The 2nd bedroom also has a connecting marble bathroom and washer/dryer. With its bright, airy ambiance and exceptional indoor-outdoor flow, this residence presents a one-of-a-kind living experience. Building offers 1st class amenities: 24hr. security, valet, concierge, tennis court, pool, gym, free classes-yoga, Pilates, aerobics & Zumba, café/market, 16,000SF oceanside club & spa, steam rooms, saunas, indoor/outdoor hot tubs & massage therapists. Please click the virtual tour link to see a video of the property.
Features
- First Floor Entry
- Open Balcony
- Tennis Court(s)
- Ocean View
- Other View
- Tennis Court View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $6,012
- HOA
- $1,812 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.