Own Mid-Beach & North Beach · Mid-Beach

Blue Diamond

4779 Collins Ave · Built 2000 · 44 floors · 334 residences

4 for sale
For sale
4
1 pending · 8.0 mo supply
Median asking
$1.27M
from $1.04M
Median $/sqft
$1,155/sqft
$1,089/sqft sold, 12 mo
Days on market
63
112 to sell · 6 in 12 mo
Blue Diamond
Averette · CC BY 3.0 · Wikimedia Commons

Blue Diamond is a waterfront tower at 4779 Collins Ave in Mid-Beach, 44 floors tall with 334 residences. It was completed in 2000 and developed by New Florida Properties.

The building sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where lenders require flood insurance for a federally backed or federally regulated mortgage. It is in Miami-Dade hurricane evacuation zone B. The lowest street beside the building is 3.1 ft above the highest tide predicted for 2026 at Virginia Key. There is 1 active tower construction site within 1 km, which can bring noise and traffic while it lasts.

Recent purchases here were mostly paid in cash, according to recorded deeds and mortgages, and the financeability tier is cash with an index of 15 of 100. The Miami-Dade Clerk recorded 9 resale deeds in the 12 months to October 21, 2026. On the 2025 tax roll, 24% of units carry a homestead exemption and 30% are owned by a company or trust. A public records check run on October 22, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher.

Part of the Blue Diamond complex

Sister towers that share the same development, address and often amenities — compare availability across the complex.

Live near more of Miami

What surrounds Blue Diamond: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Mid-Beach & North Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Miami Beach BoardwalkFaena DistrictFontainebleauNorth Shore Open Space ParkNormandy Isle ParkLa Gorce Country ClubCollins Avenue
62
/ 100
B+
own.miami Score

A data-grounded score for Blue Diamond from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value34
$1,155/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
Momentum22
-8.8% $/sqft over 6 months
Liquidity61
8.0 months of supply · 63 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age52
Built 2000 — vs. Mid-Beach & North Beach buildings
own.miami Condo Index
147Above market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#144 of 698 tracked Miami condos
Top 21% by price per sq ft
#19 of 85 in Mid-Beach & North Beach
Momentum
↓ Cooling
$1,155/sqft median ask
Liquidity
Balanced
See the full Condo Index →

The stacks

7 lines · modeled from 32 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Blue Diamond’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -06 line.

LineLayoutSizeView$/sqftSales
-022 bd · 2 ba1,530 sqftDirect OceanWaterfront$1,364/sqft4
-042 bd · 2 ba1,550 sqftBayWaterfront$1,194/sqft2
-052 bd · 2 ba1,380 sqftIntracoastal ViewWaterfront$1,063/sqft4
-06Best value1 bd · 2 ba1,100 sqftIntracoastal ViewWaterfront$950/sqft5
-072 bd · 2 ba1,380 sqftBayWaterfront$1,087/sqft4
-082 bd · 2 ba1,490 sqftIntracoastal ViewWaterfront$1,252/sqft5
Penthouses3 bd · 3 ba1,940 sqftBayWaterfront$1,740/sqft4

Modeled from Blue Diamond’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from Blue Diamond’s own sales history.

Estimated value
$1,062,000
$922,000–$1,202,000 · $965/sqft
High confidence · 5 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on Blue Diamond?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Blue Diamond; bars are closings per month.

$789$1452$2116Apr 2024Aug 2024Feb 2025Jun 2025Jan 2026Jun 2026

Location

Nearby buildings within half a mile.

Building facts

Address
4779 Collins Ave
Year built
2000
Floors
44
Residences
334
Developer
New Florida Properties
Waterfront
Yes

Amenities

  • · Beach service
  • · Fitness center
  • · Tennis
  • · Pickleball
  • · Café
  • · Valet
  • · Security
  • · Concierge
  • · Pool
  • · Sauna
  • · Party/social room
  • · Children's playroom
  • · Billiards
  • · Business center
  • · Hair salon
  • · Marine/marina
  • · Mini golf
  • · Basketball

Building rules

Parking
The building offers indoor parking with 24-hour valet service.

Special assessments & recertification outlook

Elevated

Public records checked Oct 31, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 2000 — past its first structural milestone; next inspection around 2035

Estimated from Blue Diamond’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Financeability

What the banks say about Blue Diamond: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

15Mostly cash
Mortgages recorded, 12 months
2
2 from banks and credit unions · purchases and refinances
Sales bank-financed
10%
10 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 1Other 1

Medium confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Mid-Beach & North Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
Base flood elevation on the map: 8.0 ft (NGVD29).
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
6.2 ft
Lowest nearby street
4.1 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 3.1 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Blue Diamond cost?+

There are 4 condos for sale at Blue Diamond, from $1,039,000, with a median asking price of $1,270,000 ($1,155/sqft).

How much are the HOA fees at Blue Diamond?+

HOA / maintenance fees at Blue Diamond run around $1,533 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Blue Diamond a waterfront building?+

Yes — Blue Diamond is a waterfront building (Mid-Beach & North Beach).

When was Blue Diamond built?+

Blue Diamond was built in 2000, 44 stories, 334 residences.

Who developed Blue Diamond?+

Blue Diamond was developed by New Florida Properties.

Stay ahead
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