Own South Beach

Riviera

2401 Collins Ave · Built 1980 · 19 floors · 185 residences

3 for sale
For sale
3
1 pending · 4.5 mo supply
Median asking
$998K
from $669K
Median $/sqft
$616/sqft
$498/sqft sold, 12 mo
Days on market
375
103 to sell · 8 in 12 mo
Riviera
Listing photo · courtesy of Broker One · MLS #A11860070

Riviera is a waterfront condominium at 2401 Collins Ave in South Beach, completed in 1980. It rises 19 floors and holds 185 residences, recorded by the Property Appraiser as THE RIVIERA CONDO.

FEMA places the building in zone AE, part of the Special Flood Hazard Area, where a 1% yearly chance of flooding is mapped and lenders require flood insurance for federally backed or regulated mortgages. The building sits in Miami-Dade hurricane evacuation zone B, and the lowest street beside it is 1.4 ft above the highest tide predicted for 2026 at Virginia Key.

Recent purchases have mostly been paid in cash, according to recorded deeds and mortgages, and the financeability index is 27 of 100. Miami-Dade Clerk records show 11 resale deeds in the 12 months to October 21, 2026. On the 2025 tax roll, 24% of units carry a homestead exemption and 27% are owned by a company or trust.

The Car-Free Index is 0, and the nearest Publix is 1510 m away in a straight line. Three active tower construction sites lie within 1 km, which can bring noise and traffic while building continues and can change views.

Live near more of Miami

What surrounds Riviera: 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
70
/ 100
A−
own.miami Score

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

Value61
$616/sqft — vs. South Beach condos, then all of Miami
Momentum78
+11.8% $/sqft over 6 months
Liquidity49
4.5 months of supply · 375 days on market
Health97
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age26
Built 1980 — vs. South Beach buildings
own.miami Condo Index
85At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#468 of 698 tracked Miami condos
Top 67% by price per sq ft
#108 of 121 in South Beach
Momentum
↑ Rising
$616/sqft median ask
Liquidity
Balanced
See the full Condo Index →

The stacks

5 lines · modeled from 21 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Riviera’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -09 line.

LineLayoutSizeView$/sqftSales
-051 bd · 2 ba1,121 sqftOcean ViewWaterfront$506/sqft2
-071 bd · 2 ba1,121 sqftOcean ViewWaterfront$553/sqft3
-082 bd · 2 ba1,619 sqftBayWaterfront$616/sqft1
-09Best value2 bd · 2 ba1,368 sqftOcean ViewWaterfront$450/sqft3
-121 bd · 1.5 ba1,030 sqftOcean ViewWaterfront$529/sqft3

Modeled from Riviera’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 Riviera’s own sales history.

Estimated value
$615,000
$552,000–$678,000 · $450/sqft
Moderate confidence · 3 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 Riviera?

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 Riviera; bars are closings per month.

$319$691$1062Apr 2024Dec 2024Aug 2025Dec 2025Apr 2026Oct 2026

Location

Nearby buildings within half a mile.

Building facts

Address
2401 Collins Ave
Year built
1980
Floors
19
Residences
185
Developer
Riuviera,(the),a FLA GEN. Partnership
Waterfront
Yes

Amenities

  • · Pool
  • · 24-hour security
  • · Beach access
  • · Billards
  • · Gathering room
  • · Community room
  • · Bbq area
  • · Storage

Building rules

Parking
The building offers covered and assigned parking spaces.

Special assessments & recertification outlook

Watch

Public records checked Oct 31, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).

Verified records

  • InfoSpecial assessment reported as paid — noted on 1 listingsAug 29, 2025

    Source: MLS listing remarks

  • Positive40-year recertification completedAug 29, 2025

    Source: MLS listing remarks

  • Listings report the 40-year recertification completed
  • Listings note no special assessment currently
  • Built 1980 — past its first structural milestone; next inspection around 2035

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

27Mostly cash
Mortgages recorded, 12 months
3
3 from banks and credit unions · purchases and refinances
Sales bank-financed
18%
11 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 2Other 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 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
5.5 ft
Lowest nearby street
2.4 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 1.4 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 Riviera cost?+

There are 3 condos for sale at Riviera, from $669,000, with a median asking price of $998,000 ($616/sqft).

How much are the HOA fees at Riviera?+

HOA / maintenance fees at Riviera run around $1,345 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 Riviera a waterfront building?+

Yes — Riviera is a waterfront building (South Beach).

When was Riviera built?+

Riviera was built in 1980, 19 stories, 185 residences.

Who developed Riviera?+

Riviera was developed by Riuviera,(the),a FLA GEN. Partnership.

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