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Buildings/Miami Beach/MIRASOL OCEAN TOWERS CONDO

Premium

MIRASOL OCEAN TOWERS CONDO

Mirasol

2655 Collins Ave, Miami Beach 33140

1975

Year Built

269

Units

CI Score

Moderate

For Sale

$625K

Avg Price

$673

Sale $/SF

For Rent

$3,725

Avg Rent

$3.32

Rent $/SF

+4.7%

YoY

For Sale

For Rent

Investor-Owned

66%

Avg HOA

$1,111/mo

Mirasol Ocean Towers is a 269-unit condominium located on Collins Avenue in Miami Beach's Mid Beach neighborhood, built in 1975. The building offers a range of unit sizes from studios to three-bedroom residences with an average price point of $520 per square foot. This established oceanfront community provides a classic Miami Beach residential experience with convenient access to local dining, shopping, and beach amenities.

Building Details

Address

2655 Collins Ave, Miami Beach, 33140

Neighborhood

Miami Beach

Year Built

1975

Total Units

269

Avg Unit Sqft

1,373 SF

Tier

Premium

Avg $/SF

$672.87

Avg Rent

$3,725/mo

Rent $/SF

$3.32/SF

HOA Range

$220 – $2,096

Neighborhood Rank

Top 100%

Avg Unit Value

$514K

Total Sales (All-Time)

1,051

Amenities

PoolFitness CenterLobbyElevatorParkingSecurity

Investment Analysis

Yield Metrics

Rental Yield (annualized)6.6%

YoY Appreciation+4.7%

Total Yield51.7%

YoY Sale $/SF Change+51.7%

Liquidity & Demand

Closed Sales (120d)2

Days on Market158 days

Months of Inventory36.0

Sale-to-List Ratio0.9%

Market Data

Sale Price Trend ($/SF)

$673

+21.8%

Rental Price Trend ($/SF)

$5.17

+59.6%

Building Activity

Days on Market

158

days

Sitting longer

Months of Inventory

36.0

months

Buyer's market

Sale-to-List Ratio

94.9%

Fair negotiation

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Low volume

Sales & Listings

Active Listings

For Sale (6)

$477K

Unit 1907

1 bd2 ba1,122 sf

$425/SF4 DOM

$499K

Unit 707

1 bd2 ba1,122 sf

$445/SF95 DOM

$499K

Unit 603

1 bd2 ba1,190 sf

$419/SF166 DOM

$500K

Unit 1404

1 bd2 ba1,190 sf

$420/SF66 DOM

$522K

Unit 510

2 bd2 ba1,190 sf

$439/SF211 DOM

$529K

Unit 1106

1 bd2 ba

$471/SF101 DOM

For Rent (5)

$3K

Unit 1710

2 bd2 ba1,190 sf

$4K

Unit 410

2 bd2 ba1,190 sf

$3/SF1 DOM

$4K

1 bd2 ba1,122 sf

$5K

Unit 1204

1 bd2 ba1,190 sf

$4/SF34 DOM

$7K

Unit 2302

2 bd2 ba1,645 sf

$4/SF5 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Dec 31, 2025	$619K	$520.17	1/2	1,190
Nov 13, 2025	$490K	$436.72	1/1	1,122
Sep 15, 2025	$482K	$429.59	1/1	1,122
Jul 25, 2025	$900K	$547.11	2/2	1,645
Jun 19, 2025	$620K

Units & Ownership

Total Units

269

Avg Sqft

1,373 SF

Avg Assessed

$440K

Owner-Occupied

34%

Tax & Ownership

Investor-Owned

66%

Owner-Occupied

34%

Avg Assessed Value

$440K

Avg Taxable Value

$421K

Effective Year Built

1975

Zoning

6000

Unit Mix

Studio19

Avg 1,579 SF

1 BR166

Avg 1,156 SF

2 BR82

Avg 1,645 SF

3 BR1

Avg 2,835 SF

Unknown1

Avg 9,644 SF

Unit Directory

Showing 10 of 269 units

Unit	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
1	184	$87K	—	$370K	$2,012	Sep 2001
2	184	$81K	—	$865K	$4,701	Oct 2020
3	184	$81K	—	$985K	$5,353	Mar 2021
4	184	$81K	—	$24K	$130	Mar 1998
5	184	$81K	—	$53K	$288	Aug 2010
6	184	$28K	—	$150K	$815	Apr 1980
8	184	$66K	—	$30K	$163	Feb 1991
9	184	$81K	—	$85K	$462	Mar 2008
10	184	$69K	—	$53K	$288	Dec 2003
11	184	$66K	—	$67K	$364	Jan 1991