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Buildings/Miami Beach/THE RIVERA

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THE RIVERA

The Rivera

2401 COLLINS AVE, Miami Beach 33140

1980

Year Built

188

Units

CI Score

Moderate

For Sale

$640K

Avg Price

$497

Sale $/SF

For Rent

$4,900

Avg Rent

$4.33

Rent $/SF

-1.3%

YoY

For Sale

For Rent

Investor-Owned

76%

Avg HOA

$1,110/mo

Building Details

Address

2401 COLLINS AVE, Miami Beach, 33140

Neighborhood

Miami Beach

Year Built

1980

Total Units

188

Avg Unit Sqft

1,218 SF

Tier

Premium

Avg $/SF

$497.08

Avg Rent

$4,900/mo

Rent $/SF

$4.33/SF

HOA Range

$1,110 – $1,110

Neighborhood Rank

Top 24%

Avg Unit Value

$642K

Total Sales (All-Time)

684

Investment Analysis

Yield Metrics

Rental Yield (annualized)11.8%

YoY Appreciation-1.3%

Total Yield73.5%

Liquidity & Demand

Closed Sales (120d)1

Days on Market140 days

Months of Inventory20.0

Sale-to-List Ratio0.9%

Price Reduction Rate100%

Investor-Owned76%

For Sale6

For Rent6

Top 24%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$497

-12.2%

Rental Price Trend ($/SF)

$4.39

+40.7%

Building Activity

Days on Market

140

days

Sales & Listings

Active Listings

For Sale (6)

$490K

Unit 507

1 bd2 ba1,121 sf

$437/SF65 DOM

$590K

1 bd2 ba1,030 sf

$630K

1 bd2 ba1,121 sf

$562/SF348 DOM

$640K

1 bd2 ba1,121 sf

$650K

1 bd2 ba1,121 sf

$690K

2 bd2 ba1,121 sf

For Rent (6)

$4K

1 bd2 ba1,121 sf

$5K

Unit 1807

2 bd2 ba1,121 sf

$5K

Unit 1110

2 bd2 ba1,121 sf

$5K

Unit 1007

2 bd2 ba1,121 sf

$4/SF5 DOM

$5K

Unit 803

2 bd2 ba1,368 sf

$4/SF1 DOM

$5K

Unit 1007

2 bd2 ba1,121 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Dec 11, 2025	$680K	$497.08	2/2	1,368
Oct 14, 2025	$615K	$449.56	2/2	1,368
Oct 10, 2025	$615K	$449.56	1/2	1,368
Sep 23, 2025	$1.2M	$928.12	2/2	1,266
Sep 22, 2025	$1.2M

Units & Ownership

Total Units

188

Avg Sqft

1,218 SF

Avg Assessed

$495K

Owner-Occupied

24%

Tax & Ownership

Investor-Owned

76%

Owner-Occupied

24%

Avg Assessed Value

$495K

Avg Taxable Value

$482K

Effective Year Built

1980

Zoning

6000

Unit Mix

Studio10

Avg 476 SF

1 BR161

Avg 1,207 SF

2 BR15

Avg 1,661 SF

Unknown2

Avg 3,700 SF

Unit Directory

Showing 10 of 188 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
—	—	—	—	—	—	—	—	—
—	0	0	138	$33K	—	$70K	$507	Feb 2023
401	1	2	1,266	$380K	✓	$418K	$330	Dec 2012
402	1	2	1,266	$752K	—	$135K	$107	Mar 1981
403	1	2	1,368	$556K	—	$340K	$249	Sep 2017
404	1	2	1,121	$184K	✓	$150K	$133	Mar 1999
405	1	2	1,121	$525K	—	$400K	$357	May 2012
406	1	2	1,368	$556K	—	$438K	$320	Oct 2019
407	1	2	1,121	$387K	—	$62K	$55	Sep 1985
408	1	2	1,121	$387K	—	$249K	$222	Jun 2004