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3737 Collins Ave #S-1003, Miami Beach, FL, 33140

2beds
3baths
1,621sqft
$3,399,000
$2,097price/sqft
$22,672/moest. monthly cost
$906,880/yrincome needed

About This Home

Perched on the coveted southwest corner of The Caribbean’s prized 03 line, this 10th-floor residence commands panoramic ocean, bay, and skyline views from every major room. A 700+ SF wraparound terrace creates true indoor-outdoor living overlooking the Atlantic. The 2-bedroom, 2.5-bath layout is wrapped in floor-to-ceiling glass, bringing natural light and water views throughout the residence. Located directly on the sand in the heart of Miami Beach’s Faena District, The Caribbean is surrounded by the area’s most important luxury destinations. Steps from Faena, The Edition, Soho Beach House, Fontainebleau, the Miami Beach Boardwalk, and the upcoming Aman Resort & Residences and Casa Cipriani. Residents enjoy 24-hour doorman and concierge service, a beachfront pool, direct ocean access with towel and chair service, fitness center, club room, wine cellar, and cigar humidor. A rare opportunity in one of Miami Beach’s most exclusive boutique oceanfront buildings.

Getting Around

80
WalkingVery Walkable
55
TransitGood Transit
73
BikeVery Bikeable

Schools

10/10
5/10
Nautilus Middle SchoolGrades 6-80.8 mi
5/10

Construction

Condition

  • Year built: 2008

Materials

  • Construction materials: Concrete Block Construction,CBS Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Trash Compactor,Dishwasher,Electric Water Heater,Other
  • Laundry features: Washer/Dryer Hook-Up

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Door features: High Impact Doors
  • Flooring: Other

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,621
  • Total interior livable area: 1,621 sqft

Property

Details

  • Parcel number: 0232260520800
  • Attached to another structure: Yes
  • Other equipment: Other

Features

  • Entry location: First Floor Entry
  • Private pool: Yes
  • Pool features: Association,Private Pool
  • Patio & porch: Wrap Around
  • Exterior features: Other,Balcony
  • Has view: Yes
  • View description: Ocean,Skyline,Water
  • Has water view: Yes
  • Water view: Ocean,Water
  • On waterfront: Yes
  • Waterfront features: Ocean Access,Ocean Front

Lot

  • Features: East Of Us1

Parking

  • Total spaces: 1
  • Parking features: 1 Space,Additional Spaces Available,Valet
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Hurricane
    HurricaneRelatively High
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $17,187$206,244
Home Insurance *$2,994$35,928
Property Taxes $2,294$27,528
Electricity $197$2,366
Total$22,672$272,064
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$777,325/yr
40% on housing$680,160/yr
45% on housing$604,586/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$2,097This listing

vs Other Active Listings

Avg $/sqft

ZIP 33140$10,408
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33140$1,337
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-27Listed for sale$3,399,000
2025-02-07Sold$3,225,000
2024-12-05Pending sale$3,200,000
2024-12-02Contingent$3,200,000
2024-10-15Listed for sale$3,200,000
2021-03-09Sold$1,775,000
2021-02-09Contingent$1,799,000
2021-01-12Listed for sale$1,799,000
2020-11-17Listing removed$1,995,000
2020-11-17Listed for sale$1,995,000

For Sale by Agent

AgentAndrew Kardonski
BrokerageCompass Florida, LLC

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