1255 Collins Ave
Miami Beach, FL 33139
$299,999
$485/ft²
About this home
Experience the unmistakable energy of South Beach from your own private retreat at The Islander. Steps away from the ocean, this residence places you in the heart of it all-minutes from Lummus Park, iconic Ocean Drive, Lincoln Road, world-class dining, shopping, nightlife, and endless entertainment. The spacious bedroom is partially enclosed and can be easily modified. Step onto the balcony and take in an exceptional 180-degree panorama. It showcases sweeping views of the Atlantic Ocean and Miami Beach skyline. The Islander is a very well-maintained building set within secure, gated surroundings, offering peace of mind along with resort-style amenities. Enjoy the rooftop pool, newly renovated gym, remodeled lobby, and new high-capacity generator. One assigned gated parking space is included, and the building is pet-friendly. Whether you're looking for a stylish South Beach residence, a gateway, or an opportunity to create a home uniquely your own, this location delivers the quintessential Miami Beach lifestyle. Ocean. City. Culture. Dinning. Entertainment. And the South Beach vibe-all just outside your door.
Property details
Listing
- MLS #
- A12068665
- Status
- For sale
- Listed on
- Jul 20, 2026
- Days on market
- 38 days
- Listing data updated
- Aug 12, 2026
Interior
- Beds
- 1
- Baths
- 1
- Living area
- 619 ft²
- Price per ft²
- $485/ft²
- Unit
- 705
Building & community
- Type
- Condo
- Year built
- 1965
- HOA fee
- $655/mo
- County
- Miami-Dade
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
What's nearby
- Elementary school
- MIAMI BEACH FEINBERG/FISHER K-8 · 0.2 mi away
- Middle school
- MIAMI BEACH FEINBERG/FISHER K-8 · 0.2 mi away
- High school
- MIAMI BEACH SENIOR HIGH SCHOOL · 1.1 mi away
- Transit
- WASHINGTON AV & 13 ST · 0.1 mi away
- Supermarket
- South Beach Food Market · 0.3 mi away
- Park
- Lummus Park · 0.2 mi away
- Pharmacy
- CVS Pharmacy · 0.2 mi away
Straight-line distances · Sources: NCES/FL DOE, GTFS Miami-Dade and Broward, OpenStreetMap
True monthly cost
FEMA zone AE · high-risk flood zone- Mortgage (principal & interest)
- $1,517
- Property taxes (est.)
- $275
- Home insurance (est.)
- $233
- Flood insurance (est.)
- $208
- HOA fee
- $655
Estimated total$2,888/mo
Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.
Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.
What will this home really cost you?
Building structural health (SIRS)
No filing record foundWe couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.
Questions about this
What is a SIRS and why does it matter?
Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.
Has this building filed its SIRS?
We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.
What is a special assessment?
A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.
What should I check before buying in this building?
Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.
Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.
Want the full structural picture of this building before you offer?
Location
Mortgage calculator
$1,517/moEstimated principal & interest. Taxes, insurance, and HOA are not included. This is an estimate, not a quote or financial advice.
This listing is courtesy of LoKation.
Jose Zaldivar · 305-790-2858 · jose.zaldivar@outlook.com · 954-545-5583
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
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