# Portugal Towers

As of 2026-09-25, Portugal Towers in Mid-Beach & North Beach has 0 units for sale at a median asking price of — (—); 2 units sold in the last 12 months.

Portugal Towers is a recently updated condominium building located in the heart of the Faena District on Collins Avenue.

## Key facts

| | |
|---|---|
| Address | 3200 Collins Ave |
| Neighborhood | Mid-Beach, Mid-Beach & North Beach |
| Year built | 1982 |
| Floors | 12 |
| Units | 95 |
| Waterfront | yes |
| Developer | Grimbsy Realty NV |
| For sale | 0 |
| Pending | 1 |
| Sold, last 12 months | 2 |
| Median sold $/sqft, 12 months | $502/sqft |
| Months of inventory | 0.0 |
| Parking | One assigned covered parking space. |

## Own Miami measures

- **own.miami Building Score: 81 (A)**
  - Value: 82 — $502/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
  - Momentum: 56 — +1.9% $/sqft over 6 months
  - Liquidity: 94 — 0.0 months of supply
  - Health: 100 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 90 — Waterfront building
  - Age: 29 — Built 1982 — vs. Mid-Beach & North Beach buildings
- **Own Miami Condo Index: 88** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 436 of 698 tracked Miami condos)
- **Financeability Index: 18** (cash; 12-month window, 1 recorded mortgages, 0% of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2027)

## Building health (verified public records)

- Public records checked 2026-10-31: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-10-31)

## Frequently asked questions

**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.

## Related pages

- [Mid-Beach & North Beach — neighborhood guide](https://own.miami/mid-beach-north-beach)
- [All units for sale at Portugal Towers](https://own.miami/buildings/portugal-towers/for-sale)
- [Stanton House](https://own.miami/buildings/stanton-house)
- [Mar Del Plata](https://own.miami/buildings/mar-del-plata)
- [Vendome Place](https://own.miami/buildings/vendome-place)
- [L'Excellence](https://own.miami/buildings/l-excellence)

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Source: Own.Miami — https://own.miami · data as of 2026-09-25
Canonical page: https://own.miami/buildings/portugal-towers
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai