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Blue Diamond

4779 Collins Ave, Miami Beach, FL, 33140
315
RESIDENCES
44
STORIES
2000
YEAR BUILT
$1.1M – $2M+
VALUE RANGE

Blue Diamond is a 44-story oceanfront condominium at 4779 Collins Avenue in Miami Beach's Mid-Beach area, on the stretch known as Millionaire's Row between the Atlantic Ocean and Indian Creek. Completed in 2000, the tower was designed by architect Robert M. Swedroe for developer New Florida Properties as part of a twin-tower pair with its sister building, Green Diamond, and is topped by a distinctive illuminated cupola that glows blue over the skyline at night. The building holds 315 residences and centers on a 16,000-square-foot beachfront clubhouse offering his-and-her saunas and steam rooms, whirlpools, and a well-equipped fitness center. Residents also have access to direct beach frontage, separate adult and children's pools, lighted tennis courts, a billiards and entertainment room, a poolside café, a business center, a children's playroom, and 24-hour security with valet and concierge services. The location places residents minutes from South Beach, Bal Harbour Shops, and the Miami Design District.

Available Residences at Blue Diamond

2 Bedroom Condos · 3 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
3504$1,999,0002 / 21,550$1,29031
2305$1,790,0002 / 21,380$1,297268
2607$1,585,0002 / 21,380$1,149189

1 Bedroom Condos · 3 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
1206$1,240,0001 / 21,100$1,12753
$1,100,0001 / 21,100$1,000145
506$1,096,5001 / 21,100$99714
Neighborhood
Mid-Beach

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

6
Active Listings
▲ 0% vs last month
Avg List Price
$1.5M
Avg Days on Market
117

INVENTORY BY BEDROOM

  • 1 Bed (3) 50%
  • 2 Bed (3) 50%
Building vs. Market
43% premium to Miami Beach
Commands a 43% premium to the Miami Beach average ($1,258 vs $881/sqft) — a sign of stronger relative demand.

INVENTORY TREND (ALL UNITS)

753Sep '25Jan '26May '26
3
New Listings
last 3 months
$1,258
Avg Sale $/SqFt
last 36 months
14.4
Months of Supply
5
Sold
last 12 months

Market & Community Report

As of August 12, 2026, Blue Diamond carries 6 active listings at an average asking price of $1.5M, with an average time on market of 117 days. Closed sales over the preceding 36 months averaged $1,258 per sq ft, and 5 transactions closed in the past 12 months — implying 14.4 months of supply against the current pace of absorption.

Zip code 33140 (Miami Beach) is home to 19,455 residents with a median age of 40.9. Per-capita income stands at $90,994; 64.8% hold a bachelor's degree or higher. 59.1% of units are owner-occupied; 30.2% of residents work from home.

Data current as of August 12, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Blue Diamond

How many condos are for sale at Blue Diamond?

As of August 12, 2026, 6 residences are actively listed for sale at Blue Diamond. Current asking prices range from $1.1M to $2M. Inventory updates daily from the MLS.

How much do condos at Blue Diamond cost?

Condos at Blue Diamond are currently asking from $1.1M to $2M. Over the past 36 months, closed sales have averaged $1,258 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Blue Diamond?

Based on MLS closed sales over the preceding 36 months, the average sale price at Blue Diamond is $1,258 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Blue Diamond located?

Blue Diamond is located at 4779 Collins Ave, Miami Beach, FL, 33140, in the Mid-Beach area.

What neighborhood is Blue Diamond in?

Blue Diamond is in Mid-Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across Mid-Beach on its neighborhood guide.

How many units are in Blue Diamond?

Blue Diamond has 315 residences across 44 stories.

What year was Blue Diamond built?

Blue Diamond was completed in 2000.

What floor plans are available at Blue Diamond?

Blue Diamond has 50 published floor plans. See the Floor Plans tab above for unit lines, dimensions, and layouts.

What amenities does Blue Diamond offer?

Blue Diamond amenities include 16,000-square-foot beachfront clubhouse, His-and-her saunas and steam rooms, Two whirlpools, State-of-the-art fitness center/equipment, Personal trainers, Direct beach access, Adult pool, Children's pool.

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