3737 Collins Ave · Miami Beach, FL 33140 · Mid-Beach

The Caribbean South

19-story tower, completed 2008, 68 residences in Mid-Beach. 2 for sale and 1 for rent on Nov 2, 2026.

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At a glance The Caribbean South (3737 Collins Ave, Mid-Beach) is a 19-story, 68-unit building completed in 2008. As of Nov 2, 2026, 2 units are for sale and 1 is for rent; the median closed price was $1,980 per square foot over 3 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

5 photos from my condo archive

For sale
2
For rent
1
Median $/SF
$1,9803 sales · 12 mo
Sold
3last 12 months
Built
2008
Floors
19
Residences
68county
Flood zone
AEFEMA
Waterfront
Ocean

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

On the market at The Caribbean South.

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Snapshot as of Nov 2, 2026.

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 33140

The read on The Caribbean South.

Activity as of Nov 2, 2026
  • Resale +46%. The median closed price moved from $1,354/SF in 2020 (3 sales) to $1,980/SF in 2026 (3 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 4.4%. A year of rent at the median $7.31/SF/mo (4 leases) against the median $1,980/SF sale (3 sales), both over 12 months, before HOA, taxes and vacancy.
  • Sells in a median 160 days. Days on market across the 3 sales closed in the last 12 months.
Read the full record 3 paragraphs and 9 facts, every figure from the MLS and county record

The Caribbean South is a 19-story tower at 3737 Collins Ave in Mid-Beach, completed in 2008. County folio records count 68 residences. The condo archive records it as waterfront (ocean). Its MLS and county records file it, with one other building, under the legal name The Caribbean Condo.

Two units were for sale on November 2, 2026, asking $3.4M to $4.1M ($2,097 to $2,232/SF). Three sales closed between November 2, 2025 and November 2, 2026, from $2.1M to $3.6M, a median $1,980/SF, after a median 160 days on the market. In the 12 months before that, four sales closed at a median $2,070/SF, so the median fell 4%. Across 30 recorded sales since 2019, the best year by median price per square foot was 2025, at $2,070 over 4 sales. That 12-month median ranks 3rd of the 44 Mid-Beach buildings with at least three sales in the same window. Two-bedrooms made up four of the 7 sales in the last 24 months, at a median $2,912,550.

One unit was offered for rent at $19,500 a month. Four leases were signed over the same 12 months, at a median $11,850 a month (range $11,000 to $18,000).

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

The record

Address
3737 Collins Ave, Miami Beach 33140
Neighborhood
Mid-Beach
Year built
2008
Floors
19
Residences (county-verified)
68
County condo folios
68
Waterfront
Yes / Ocean
Recorded MLS listings
67
Recorded as
The Caribbean Condo

The numbers at The Caribbean South.

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, 2019 to 2026. Count in the tooltip.

$1,035$2,070$1,5102019$1,3542020$1,5882021$1,5522022$1,8102023$1,8342024$2,0702025$1,9802026$1,035$2,070$1,510'19'20$1,588'21'22$1,810'23'24$2,070'25'26

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
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)3$1,9803$11,700/mo
20254$2,0706$11,950/mo
20242$1,834*5$8,850/mo
20232$1,810*5$12,000/mo
20226$1,5523$11,400/mo
20218$1,5885$12,000/mo
20203$1,3546$7,750/mo
20192$1,510*––

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

Own here? See how the building moved since you bought.

Median closed $/SF in 2020: $1,354 (3 sales). In the last 12 months: $1,980 (3 sales). Change: +46%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 30 sales · 33 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 7

UnitBDBASFAskedClosed$/SFClose dateDOM
S-80322.51,621$2,150,000$2,100,000$1,295Aug 14, 2026113
S-80132.51,837$3,990,000$3,650,000$1,987Jun 30, 2026321
S-150132.51,837$4,300,000$3,637,500$1,980Mar 25, 2026160
S-130233.52,326$5,950,000$5,000,000$2,150Aug 20, 202580
S-130322.51,621$3,600,000$3,600,000$2,221Jun 17, 20252
S-140422.51,421$2,600,000$2,600,100$1,830Feb 11, 202579
S-100322.51,621$3,200,000$3,225,000$1,990Feb 7, 202541

Leases signed Nov 2, 2025 to Nov 2, 2026 · 4

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
S-40322.51,621$11,900/mo$11,700/mo$7.22Jul 20, 202668
S-70322.51,621$12,500/mo$11,000/mo$6.79Mar 1, 202630
S-50322.51,621$12,000/mo$12,000/mo$7.40Jan 7, 202656
S-130132.51,837$20,000/mo$18,000/mo$9.80Nov 15, 202541

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 The Caribbean South.

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 7 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

Due 2038

Due by statute by December 31, 2038, 30 years after 2008, then every 10 years.

What the deadline means
  • Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2033.
  • Based on year built 2008 (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 The Caribbean South

5 more nearby

Smaller buildings close by: Beach House 8 (60 m) · 2870 Pine Tree (740 m)

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

Own here, or looking 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.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from The Caribbean South's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at The Caribbean South lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group

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