The Riviera Unit 509 Sold
Property Details
| Sold Price | $569,000 |
|---|---|
| Last Asking Price | $585,000 |
| Price per SqFt | $416 |
| Maintenance Fee | $1,470 Monthly |
| Property Taxes | $10,915 2025 |
| Interior Space | 1,368 SqFt |
| Beds/Baths | 2/2 |
| Year Built | 1980 |
| Closed Date | 10/5/2026 |
| MLS # | A11952497 |
Location
From the listing
This property offers a prime South Beach location next to the 1 Hotel South Beach, with renovated building and residence. The approved Promenade project will enhance the walkway from 24th to 29th Street, revitalizing the area. The sought-after 9-line residences feature functional layouts, spacious interiors, a modern kitchen, updated appliances, ceramic flooring, impressive views, and central South Beach convenience. Tenant occupied; please schedule viewings 48 hours in advance. (See Realtor Comments)
Listed by Wolf Real Estate Group, PLLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $1,470 a month; taxes $10,915 for 2025. MLS figures, which may not be accurate.
Sales History for This Unit · The Riviera Unit 509
Sales history is unavailable for this property
What Other Units Have Been Selling For at The Riviera
8 units sold at The Riviera in the last 12 months at an average of $529/SqFt (this sale among them)
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 602 | $1,080,000$853/SqFt | 90% | 7/24/26 |
| 1103 | $645,000$471/SqFt | 92% | 3/10/26 |
| 1209 | $680,000$497/SqFt | 91% | 12/11/25 |
| 1109 | $615,000$450/SqFt | 91% | 10/14/25 |
| 601 | $1,175,000$928/SqFt | 90% | 9/23/25 |
| 1807 | $645,000$575/SqFt | 98% | 9/22/25 |
| 1411 | $635,000$566/SqFt | 91% | 7/16/25 |
| 1102 | $1,187,500$938/SqFt | 98% | 8/23/24 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Wolf Real Estate Group, PLLC. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
The Riviera Unit 509, 2401 Collins Ave · MLS A11952497 · Sold Oct 2026
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at The Riviera
At The Riviera, 4 units are for sale and 8 sold in the last 12 months at an average of $529 per SqFt. Unit 509 sold at $416 per SqFt, below the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.