Own South Beach

Oceanfront Plaza

2625 Collins Ave · Built 1980 · 19 floors · 200 residences

5 for sale
For sale
5
0 pending · 30.0 mo supply
Median asking
$850K
from $675K
Median $/sqft
$721/sqft
$663/sqft sold, 12 mo
Days on market
30
80 to sell · 2 in 12 mo
Oceanfront Plaza
Listing photo · courtesy of Majestic Properties LLC · MLS #A12008747

Oceanfront Plaza is a waterfront condominium on Collins Avenue in South Beach, with 200 residences in 19 floors, completed in 1980. It 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. The building is in Miami-Dade hurricane evacuation zone B, and the lowest street next to it is 2.5 ft above the highest tide predicted for 2026 at Virginia Key.

The Car-Free Index is 0, and the nearest Publix is 1720 m (about 1.1 miles) away in a straight line. Three active tower construction sites lie within 1 km, which can bring noise and traffic while they last, and new towers can change views.

On the 2025 Florida tax roll, 27% of the 200 units carry a homestead exemption and 14% are owned by a company or trust. Two resale deeds were recorded in the 12 months to October 21, 2026. A public records check run on October 23, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher.

Live near more of Miami

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

Distances are straight-line, not walking or driving.

Getting around

South Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Ocean DriveLincoln RoadSouth Pointe ParkMiami Beach BoardwalkEspañola Way
55
/ 100
B
own.miami Score

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

Value51
$721/sqft — vs. South Beach condos, then all of Miami
Momentum3
-32.5% $/sqft over 6 months
Liquidity39
30.0 months of supply · 30 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age26
Built 1980 — vs. South Beach buildings
own.miami Condo Index
103At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#326 of 698 tracked Miami condos
Top 47% by price per sq ft
#70 of 121 in South Beach
Momentum
↓ Cooling
$721/sqft median ask
Liquidity
Balanced
See the full Condo Index →
Want the inside track on Oceanfront Plaza?

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 Oceanfront Plaza; bars are closings per month.

$293$600$907Dec 2023May 2024Jan 2025May 2025Oct 2025Aug 2026

Location

Nearby buildings within half a mile.

Building facts

Address
2625 Collins Ave
Year built
1980
Floors
19
Residences
200
Developer
Oceanfront Plaza, A FLA General Partner
Waterfront
Yes

Amenities

  • · Bicycle storage
  • · Table tennis

Building rules

Parking
The building offers assigned garage parking and covered parking.

Special assessments & recertification outlook

Elevated

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

Verified records

  • PositiveNo special assessment — noted on 1 listingsSep 17, 2026

    Source: MLS listing remarks

  • Verified: no special assessment in force
  • Built 1980 — past its first structural milestone; next inspection around 2035

Estimated from Oceanfront Plaza’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 Oceanfront Plaza: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

14Mostly cash
Mortgages recorded, 12 months
1
1 from banks and credit unions · purchases and refinances
Sales bank-financed
0%
3 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 1

Low confidence — few loans · 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 South 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
7.8 ft
Lowest nearby street
3.5 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 2.5 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 Oceanfront Plaza cost?+

There are 5 condos for sale at Oceanfront Plaza, from $675,000, with a median asking price of $850,000 ($721/sqft).

How much are the HOA fees at Oceanfront Plaza?+

HOA / maintenance fees at Oceanfront Plaza run around $899 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 Oceanfront Plaza a waterfront building?+

Yes — Oceanfront Plaza is a waterfront building (South Beach).

When was Oceanfront Plaza built?+

Oceanfront Plaza was built in 1980, 19 stories, 200 residences.

Who developed Oceanfront Plaza?+

Oceanfront Plaza was developed by Oceanfront Plaza, A FLA General Partner.

Stay ahead
Interested in Oceanfront Plaza?

We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.

See all available units

If you like Oceanfront Plaza, compare

Embed this building

Add a live Own Miami card to your site or blog — it updates automatically. See all widget options →

<iframe src="https://own.miami/embed/building/oceanfront-plaza" width="440" height="230" style="border:0;max-width:100%" loading="lazy" title="Own Miami building card"></iframe>