240 Collins Ave · Miami Beach, FL 33139 · South Beach

Terrace View Towers

7-story mid-rise, completed 1970, 38 residences in South Beach. 2 for sale on Nov 2, 2026.

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At a glance Terrace View Towers (240 Collins Ave, South Beach) is a 7-story, 38-unit building completed in 1970. As of Nov 2, 2026, 2 units are for sale and none for rent; the median rent was $3,800 a month over 3 leases in the last 24 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

Photo · MLS listing in this building

For sale: 2
For rent: 0
Median rent: $3,800/mo3 leases · 24 mo
Sales on record: 9since 2020
Built: 1970
Floors: 7
Residences: 38county
Flood zone: AEFEMA
Owner-occupied: 34%
Avg. unit: 632sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Terrace View Towers.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

For sale 2 listings · Nov 2, 2026

Unit 2B$380,000$571/SF1 bd · 1 ba · 665 sf112 days listed · $864/mo HOA · listed by Beycome of Florida LLCFull listing →

Unit 2C$355,000$534/SF1 bd · 1 ba · 665 sflisted today · $864/mo HOA · listed by Compass Florida, LLCFull listing →

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33139

Terrace View Towers, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

18 units seen · MLS via Bridge IDX · as of Nov 2, 2026

For sale 2
Seen in the MLS before that 16
No MLS record seen 4

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen18of 38 residences on record

Floors with units6floors 2 to 7

Lines4stacks of units, by number

Closed $/SF figures use the 1 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

The largest typical unit is line B, a median 665 sf over 4 units seen, recorded with 1 bedrooms.

The lines what the MLS record holds for each stack of units

Line	Units seen	Typical size	Beds	On the market	Closed $/SF · 24 mo
Line B	4	665 sf	1	1	–
Line C	6	665 sf	1	1	1 sale, too few
Line D	3	665 sf	1	–	–
Line E	5	665 sf	1	–	–

3 units in the record sit outside this grid (4A, 4F, 7E w/Parking): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Terrace View Towers.

Activity as of Nov 2, 2026

A quiet record. The most recent sale on record closed May 5, 2025; 9 sales are on record since 2020.

Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record

Terrace View Towers is a 7-story mid-rise at 240 Collins Ave in South Beach, built in 1970. County folio records count 38 residences, averaging 632 SF of living area.

Two units were for sale on November 2, 2026, asking $355K to $380K ($534 to $571/SF). No sale closed between November 2, 2025 and November 2, 2026; one closed in the 12 months before.

One lease was signed over the same 12 months, at $3,700 a month.

County records show 34% of residences as owner-occupied, which points to an investor-heavy ownership base.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address: 240 Collins Ave, Miami Beach 33139
Neighborhood: South Beach
Year built: 1970
Floors: 7
Residences (county-verified): 38
Owner-occupied: 34% of residences
Avg. unit size: 632 sq ft
Total living area: 24,015 sq ft
County condo folios: 38
Recorded MLS listings: 38

The numbers at Terrace View Towers.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2020 to 2026. Count in the tooltip.

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing

Year	Sales	Median $/SF	Leases	Median rent
2026 (to date)	–	–	1	$3,700/mo*
2025	1	$489*	1	$3,800/mo*
2024	2	$674*	2	$3,125/mo*
2023	1	$459*	3	$2,400/mo
2022	2	$447*	4	$2,250/mo
2021	1	$389*	2	$2,700/mo*
2020	2	$327*	9	$1,600/mo

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Show all closings 9 sales · 22 leases on record since 2020

Closed sales Nov 2, 2024 to Nov 2, 2026 · 1

Unit	BD	BA	SF	Asked	Closed	$/SF	Close date	DOM
5C	1	1	665	$399,000	$325,000	$489	May 5, 2025	228

Leases signed Nov 2, 2025 to Nov 2, 2026 · 1

Unit	BD	BA	SF	Asked/mo	Leased/mo	$/SF/mo	Lease date	DOM
4A	2	1	650	$3,600/mo	$3,700/mo	$5.69	Aug 24, 2026	74

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Terrace View Towers.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means

The 1% annual chance ("100-year") flood area, with a base flood elevation set.
Base flood elevation 8 ft (NGVD29).
The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Turned 30 in 2000

The statute's first deadline for a building this age was December 31, 2024, then every 10 years.

What the deadline means

Based on year built 1970 (county record). The statute counts from the certificate of occupancy date, which can differ.
The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Terrace View Towers

5 more nearby

Smaller buildings close by: El Cyclon (130 m) · Washington Pointe (140 m) · 326 Ocean Drive (160 m) · The Fountain (180 m) · All Corners (190 m) · Claris (240 m)

Compare with the two nearest →Every South Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Your next move at Terrace View Towers starts here.

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami — **Enrique Ponte Ojeda**
Licensed Florida Real Estate Agent · Carmona Realty Group

Or reach me directly

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Call / Text786-578-6900 Emaileponteojeda@gmail.com