Own Mid-Beach & North Beach · Mid-Beach

Portugal Towers

3200 Collins Ave · Built 1982 · 12 floors · 95 residences

Recently sold (2)
For sale
0
1 pending
Sold, 12 months
2
2 recorded sales
Last sale
$550K
Jun 16, 2026
Last sale, per sqft
$507/sqft
$502/sqft sold, 12 mo
Portugal Towers
Listing photo · courtesy of Coldwell Banker Realty · MLS #A12028920
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Located directly across from the beach and the Faena District, Portugal Towers offers a beachfront lifestyle on Collins Avenue. The building has been recently updated with a new roof, new elevators, and high-impact windows and doors throughout.

Situated in a prime location, the building provides residents with proximity to Lincoln Road, the Convention Center, and Ocean Drive. The property features a variety of common amenities including a pool, gym, sauna, and community rooms, with a front desk attendant available 24 hours a day.

Live near more of Miami

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

7 exhibitions within 1 mile
Art Week Score 58 · #6 in Mid-Beach & North Beach
#6 in Mid-Beach & North Beach · #133 in Miami

Nearest: Christopher Joshua Benton: A Lore Supreme, <0.1 mi away

5 exhibitions nearby

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
81
/ 100
A
own.miami Score

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

Value82
$502/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
Momentum56
+1.9% $/sqft over 6 months
Liquidity94
0.0 months of supply
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age29
Built 1982 — vs. Mid-Beach & North Beach buildings
own.miami Condo Index
88At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#436 of 698 tracked Miami condos
Top 62% by price per sq ft
#51 of 85 in Mid-Beach & North Beach
Momentum
→ Steady
$502/sqft median ask
Liquidity
Warm
See the full Condo Index →

Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Portugal Towers; bars are closings per month.

$421$472$524Feb 2024Sep 2025Jun 2026Oct 2026

Location

Nearby buildings within half a mile.

Building facts

Address
3200 Collins Ave
Year built
1982
Floors
12
Residences
95
Developer
Grimbsy Realty NV
Waterfront
Yes

Amenities

  • · 24-hour front desk attendant
  • · Pool
  • · Sauna
  • · Community rooms
  • · 24/7 security

Building rules

Parking
One assigned covered parking space.

Special assessments & recertification outlook

Elevated

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

  • Built 1982 — a recurring structural milestone inspection is due around 2027

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

18Mostly cash
Mortgages recorded, 12 months
1
1 from banks and credit unions · purchases and refinances
Sales bank-financed
0%
7 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 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
4.0 ft
Lowest nearby street
1.9 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 0.9 ft above this year’s highest predicted tide (Oct 27, 2026). Tides that run higher than predicted can reach streets this low.

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

Is Portugal Towers a waterfront building?+

Yes — Portugal Towers is a waterfront building (Mid-Beach & North Beach).

When was Portugal Towers built?+

Portugal Towers was built in 1982, 12 stories, 95 residences.

Who developed Portugal Towers?+

Portugal Towers was developed by Grimbsy Realty NV.

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