240 Collins Ave is located in Miami Beach at the intersection of Collins Avenue and 16th Street. This low-rise building is just a block from the beach. The Atlantic Ocean lies nearby, providing a refreshing coastal atmosphere. The South of Fifth neighborhood adds a vibrant energy to the area.
The building contains 36 units, which include 1 and 2-bedroom options. Each unit ranges in size from 440 to 665 square feet. The layout offers appealing views of the garden, skyline, and ocean. This combination enhances the living experience for residents.
Prices for units range from $290,000 to $310,000. The average closed price over the past year is around $325,000. The average price per square foot is $489. Units tend to remain on the market for about 251 days.
Residents have several amenities at their disposal. The building includes a vehicle wash area and an elevator for convenience. There is also a community room for social gatherings. Practical features like on-site laundry facilities support daily living, while secure building access and gated parking ensure safety.
Nearby restaurants include Hostel South Beach, Big Pink Restaurant, and Cafe Tabac Night Club. These options provide a variety of dining experiences. Lastly, South Pointe Park is just a short stroll away, adding beauty and leisure to the surroundings.
In summary, 240 Collins Ave offers a simple yet appealing living environment. With its proximity to the beach and local amenities, it presents a good spot for enjoying Miami Beach. The low-rise structure and community facilities foster a friendly atmosphere for residents seeking connection and convenience.
240 Collins Ave is located in Miami Beach at the intersection of Collins Avenue and 16th Street. This low-rise building is just a block from the beach. The Atlantic Ocean lies nearby, providing a refreshing coastal atmosphere. The South of Fifth neighborhood adds a vibrant energy to the area.
The building contains 36 units, which include 1 and 2-bedroom options. Each unit ranges in size from 440 to 665 square feet. The layout offers appealing views of the garden, skyline, and ocean. This combination enhances the living experience for residents.
Prices for units range from $290,000 to $310,000. The average closed price over the past year is around $325,000. The average price per square foot is $489. Units tend to remain on the market for about 251 days.
Residents have several amenities at their disposal. The building includes a vehicle wash area and an elevator for convenience. There is also a community room for social gatherings. Practical features like on-site laundry facilities support daily living, while secure building access and gated parking ensure safety.
Nearby restaurants include Hostel South Beach, Big Pink Restaurant, and Cafe Tabac Night Club. These options provide a variety of dining experiences. Lastly, South Pointe Park is just a short stroll away, adding beauty and leisure to the surroundings.
In summary, 240 Collins Ave offers a simple yet appealing living environment. With its proximity to the beach and local amenities, it presents a good spot for enjoying Miami Beach. The low-rise structure and community facilities foster a friendly atmosphere for residents seeking connection and convenience.
Description
240 Collins Ave is located in Miami Beach at the intersection of Collins Avenue and 16th Street. This low-rise building is just a block from the beach. The Atlantic Ocean lies nearby, providing a refreshing coastal atmosphere. The South of Fifth neighborhood adds a vibrant energy to the area.
The building contains 36 units, which include 1 and 2-bedroom options. Each unit ranges in size from 440 to 665 square feet. The layout offers appealing views of the garden, skyline, and ocean. This combination enhances the living experience for residents.
Prices for units range from $290,000 to $310,000. The average closed price over the past year is around $325,000. The average price per square foot is $489. Units tend to remain on the market for about 251 days.
Residents have several amenities at their disposal. The building includes a vehicle wash area and an elevator for convenience. There is also a community room for social gatherings. Practical features like on-site laundry facilities support daily living, while secure building access and gated parking ensure safety.
Nearby restaurants include Hostel South Beach, Big Pink Restaurant, and Cafe Tabac Night Club. These options provide a variety of dining experiences. Lastly, South Pointe Park is just a short stroll away, adding beauty and leisure to the surroundings.
In summary, 240 Collins Ave offers a simple yet appealing living environment. With its proximity to the beach and local amenities, it presents a good spot for enjoying Miami Beach. The low-rise structure and community facilities foster a friendly atmosphere for residents seeking connection and convenience.
240 Collins Ave Key Stats Last 12 months
Avg. Listed Price$505,000($777/Sqft.)
Avg. Sale Price$325,000($489/Sqft.)
Year over year list price15.03%
Year over year sale price12.16%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market251 days
Average HOA fees per sqft$1 /monthly
Key Stats
Year over year list price15.03%
Year over year sale price12.16%
Total Listings1 Listed
Total sold1 Sold
Average Days on Market251 days
Average HOA fees per sqft$1 /monthly
Glen Gardens Estate Availability & Demand
Unit Availability
-
High availability buildings list units frequently.
Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.
Unit Demand
-
Units in high-demand buildings sell quicker.
Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.
Living at Terrace View Towers means you get to enjoy several great amenities that add to the overall living experience. The building features a convenient vehicle wash area, perfect for keeping your car clean after a day at the beach. Modern elevators whisk you up to your condo, while the laundry facilities make everyday chores a breeze. A community room allows you to meet and mingle with your neighbors, creating a friendly sense of community right at your doorstep.
Amenities Description
Living at Terrace View Towers means you get to enjoy several great amenities that add to the overall living experience. The building features a convenient vehicle wash area, perfect for keeping your car clean after a day at the beach. Modern elevators whisk you up to your condo, while the laundry facilities make everyday chores a breeze. A community room allows you to meet and mingle with your neighbors, creating a friendly sense of community right at your doorstep.
Parking
Locker
Concierge
Elevator(s)
Central AC
Pool
Fitness Center
-
Visitors Parking
Amenities
Elevator(s)
Community Room
TV Camera
Laundry
Balcony
Smoke Detector(s)
Policies
Before diving into condo life, it's helpful to know about the building policies at Terrace View Towers. Fortunately, the environment here is welcoming, with no restrictions on pets, allowing you to bring your furry friend along to enjoy the Miami sunshine!
Pet Allowed
BBQ Permitted
Sublet Allowed
Short-term Rental Allowed
Compare with Buildings in the Neighbourhood (Last 12 Months)
Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby
Building Name
Avg price per square foot
AVG HOA FEE per square foot (Monthly)
240 Collins Ave
$489/sqft.
$1 /sqft.
300 Collins Ave
$1,909/sqft.
$1 /sqft.
226 Ocean Dr
$1,885/sqft.
$1 /sqft.
200 Ocean Dr
$1,053/sqft.
$1 /sqft.
335 Collins Ave
$742/sqft.
$2 /sqft.
334 Euclid Ave
$1,049/sqft.
$1 /sqft.
Nearby Schools
240 Collins Ave is located in South Point / South of Fifth, Miami Beach, with multiple schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.
South Pointe Elementary School
B
Public|Grades PK–5
1050 4th St|0.34 miles away
Fisher Island Day School
--
Private|Grades PK–8
2 Fisher Island Dr|0.8 miles away
Fienberg/Fisher K-8 Center
C+
Public|Grades PK–5
1420 Washington Av...|0.98 miles away
Miami Beach Senior High School
C+
Public|Grades 9–12
2231 Prairie Ave|1.92 miles away
Schools
What to know about schools
Description
240 Collins Ave is located in South Point / South of Fifth, Miami Beach, with multiple schools available within a 2-mile radius. Families benefit from convenient access to nearby educational institutions supporting daily routines. Short travel distances help reduce commute time for students. This education-friendly location enhances overall community appeal.
South Pointe Elementary School
B
Public|Grades PK–5
1050 4th St|Less than 1 Mile Away
Fisher Island Day School
--
Private|Grades PK–8
2 Fisher Island Dr|Less than 1 Mile Away
Fienberg/Fisher K-8 Center
C+
Public|Grades PK–5
1420 Washington Av...|Less than 1 Mile Away
Miami Beach Senior High School
C+
Public|Grades 9–12
2231 Prairie Ave|1.92 Miles Away
Transit
240 Collins Ave is located in a well-connected part of South Point / South of Fifth, Miami Beach, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.
17 ST & ALTON CT
1.47 miles away|29 min walk
17 ST & CONVENTION CENTER DR
1.41 miles away|28 min walk
17 ST & JEFFERSON AV
1.41 miles away|28 min walk
17 ST & LENOX AV
1.45 miles away|28 min walk
17 ST & MERIDIAN AV
1.42 miles away|28 min walk
17 ST & PENNSYLVANIA AV
1.4 miles away|27 min walk
Transit
What to know about transit
Description
240 Collins Ave is located in a well-connected part of South Point / South of Fifth, Miami Beach, supported by nearby public transportation. Transit options within a 2-mile radius improve accessibility for daily commuting. Residents enjoy convenient travel across surrounding neighborhoods and downtown areas. This connectivity enhances overall quality of urban living.
South Point / South of Fifth sits at the southern tip of Miami Beach and fronts Biscayne Bay and the Atlantic Ocean. South Pointe Park and the South Pointe Park Pier provide lawns, a paved path, and views of ships. Lummus Park gives runners and families sand and shade. Restaurants like Joe's Stone Crab, Prime 112, and Smith & Wollensky serve seafood, steaks, and casual meals. Nikki Beach works as a beach club that mixes music, dining, and events. The Clevelander serves as a late night bar and event spot. Miami Beach Boardwalk gives walkers and cyclists a shore route. Miami Beach Trolley and Miami-Dade Transit buses connect this district to nearby neighborhoods. Jungle Island and Miami Seaquarium sit on nearby islands and draw visitors for animal exhibits and shows. Small shops and galleries fill ground floors and serve daily needs. Apartment towers and condominiums line the blocks and offer a mix of rental and owner units. This district draws walkers and people who value park and beach access. Data shows that the most common age group falls between 30 to 34 years old. Households with 1 person make up the largest part of the local population.
Neighbourhood Description
South Point / South of Fifth sits at the southern tip of Miami Beach and fronts Biscayne Bay and the Atlantic Ocean. South Pointe Park and the South Pointe Park Pier provide lawns, a paved path, and views of ships. Lummus Park gives runners and families sand and shade. Restaurants like Joe's Stone Crab, Prime 112, and Smith & Wollensky serve seafood, steaks, and casual meals. Nikki Beach works as a beach club that mixes music, dining, and events. The Clevelander serves as a late night bar and event spot. Miami Beach Boardwalk gives walkers and cyclists a shore route. Miami Beach Trolley and Miami-Dade Transit buses connect this district to nearby neighborhoods. Jungle Island and Miami Seaquarium sit on nearby islands and draw visitors for animal exhibits and shows. Small shops and galleries fill ground floors and serve daily needs. Apartment towers and condominiums line the blocks and offer a mix of rental and owner units. This district draws walkers and people who value park and beach access. Data shows that the most common age group falls between 30 to 34 years old. Households with 1 person make up the largest part of the local population.
This neighborhood indicates a good mix of people which makes it a good place for families. About 10.8% are children aged 0–14, 19.6% are young adults between 15–29, 31.83% are adults aged 30–44, 19.02% are in the 45–59 range and 18.76% are seniors aged 60 and above.
Commuting options are also varying where 45.35% of residents relying on driving, while others prefer public transit around 7.84%, walking around 14.05%, biking around 12.26%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 75.43% of units are rented and 24.57% are owner occupied.
The neighborhood offers different household types. About 13.06% are single family homes and 1.27% are multi family units. Around 57.41% are single-person households, while 42.59% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 27.95% of residents have bachelor’s degrees. Around 16.94% have high school or college education. Another 8.11% hold diplomas while 21.53% have completed postgraduate studies. The remaining are 25.46% with other types of qualifications.
Demographics Description
This neighborhood indicates a good mix of people which makes it a good place for families. About 10.8% are children aged 0–14, 19.6% are young adults between 15–29, 31.83% are adults aged 30–44, 19.02% are in the 45–59 range and 18.76% are seniors aged 60 and above.
Commuting options are also varying where 45.35% of residents relying on driving, while others prefer public transit around 7.84%, walking around 14.05%, biking around 12.26%, allowing residents to choose travel modes that best fit their daily routines.
Most homes in the area are with 75.43% of units are rented and 24.57% are owner occupied.
The neighborhood offers different household types. About 13.06% are single family homes and 1.27% are multi family units. Around 57.41% are single-person households, while 42.59% are multi person households. This mix works well for families, roommates, and individuals.
Education levels in the neighborhood vary widely where 27.95% of residents have bachelor’s degrees. Around 16.94% have high school or college education. Another 8.11% hold diplomas while 21.53% have completed postgraduate studies. The remaining are 25.46% with other types of qualifications.
Age Demographics
0–14 Years
10.8%
15–29 Years
19.6%
30–44 Years
31.83%
45–59 Years
19.02%
60+ Years
18.76%
Commute
7.84%
Transit
14.05%
Walk
45.35%
Drive
12.26%
Bike
Housing Ownership
24.57%
Owner Occupied
75.43%
Rental Units
Household Types
Single Family
13.06%
Multi Family
1.27%
Single Person
57.41%
Multi Person
42.59%
Average Income
Household:$6,093,363.97 /yr
Individual:$5,956,076.66 /yr
Education
Bachelors Degree27.95%
High School College16.94%
Diploma8.11%
Post Graduate21.53%
Others25.46%
Education
Diploma8.11%
Post Graduate21.53%
Others25.46%
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