Blue Diamond Condos — Miami Beach

4779 Collins Ave, Miami Beach, FL 33140 · Miami Beach

4 for sale8 for rent$1.0M – $2.0M$1,182 / sqft median

About Blue Diamond

Rising at 4779 Collins Ave in Miami Beach, Blue Diamond is a condominium tower. It was developed by New Florida Properties and designed by Robert M. Swedroe Architects.

Today 4 units are on the market, priced from $1.0M up to $2.0M (a median $1,182 per square foot). By size: 3 one-bedrooms from $1.0M and 1 two-bedroom from $2.0M. 8 residences are offered for rent, $5,800–$20,000 per month.

In the last year, 6 sales closed at Blue Diamond at a median $1.5M ($1,109/sq ft), typically going under contract in about 200 days. That median is 7% below the prior year — a buyer-friendlier moment. 29 leases were signed over the same period at a median $7,000 a month (one-bedrooms $5,400, two-bedrooms $7,500 and three-bedrooms $17,000).

Blue Diamond Building Facts

The Building

Address
4779 Collins Ave, Miami Beach, FL 33140
Neighborhood
Miami Beach
City
Miami Beach, FL 33140
County
Miami-Dade County
Bedrooms
1 – 5 bedrooms
Bathrooms
2 – 5 baths
Developer
New Florida Properties
Architect
Robert M. Swedroe Architects

Market — Last 12 Months

Closed sales
6
Median sold price
$1.5M
Median sold $/sq ft
$1,109
Median days on market
200 days
Leases signed
29
Median rent
$7,000/mo
Price change vs. prior year
-7%

HOA, pet and leasing details are read from current MLS listings in the building and can vary by unit — confirm with the association before you buy.

Floor Plans & Residences at Blue Diamond

Residence configurations observed across current and recent Blue Diamond listings:

ResidenceSize RangeFor SaleFor RentSale PricingAvg $/SqFt
1 Bed / 2 Bath1,100–1,160 sqft31$1.0M – $1.3M$1,085
2 Bed / 2 Bath1,380–1,980 sqft16$2.0M$1,289
3 Bed / 3 Bath1,940–2,010 sqft————

Derived from live MLS data — request official floor plans and we'll send the developer set for your line.

Blue Diamond Listings

Blue Diamond Market Report

Over the last 12 months, 6 condo sales closed in Blue Diamond at a median of $1.5M ($1,109/sqft), median 200 days on market. Median sold prices are down 7.3% year-over-year. 29 leases were signed at a median of $7,000/mo ($5.00/sqft). Computed from recorded MLS closings; updates automatically.

0$2.5M$5.0MNovDecJanFebMarAprMayJunJulAugSepOctNov: $4.0M (1 sales)Jan: $1.0M (1 sales)Mar: $1.5M (1 sales)Apr: $2.0M (1 sales)Sep: $1.5M (2 sales)$4.0M$1.5M
$1.5M
Median (12 mo)
6
Sales (12 mo)
200 days
Median DOM

Last 12 Months by Bedroom Count

ResidenceSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
1 Bed1$1.0M$92720110$5,400$4.73
2 Bed4$1.5M$1,10920017$7,500$5.22
3 Bed1$4.0M$2,088142$17,000$8.76
Month-by-month table — All
MonthSalesMedian SoldSold $/SqFtDOMLeasesMedian RentRent $/SqFt
Nov 20251$4.0M$2,088141$5,500$5.00
Dec 2025————7$6,000$5.07
Jan 20261$1.0M$9272013$8,650$6.27
Feb 2026———————
Mar 20261$1.5M$1,065232$6,200$5.00
Apr 20261$2.0M$1,324200———
May 2026————4$8,500$5.40
Jun 2026————1$7,000$4.70
Jul 2026————4$7,300$4.71
Aug 2026————4$8,500$5.56
Sep 20262$1.5M$1,1092252$5,200$4.73
Oct 2026————1$7,500$5.03

Blue Diamond Location & Address

Address

4779 Collins Ave, Miami Beach, FL 33140

Miami Beach · Miami Beach · Miami-Dade County

Get directions

Blue Diamond — Frequently Asked Questions

How much do condos at Blue Diamond cost?

Current asking prices run $1.0M–$2.0M across 4 listings. Closed sales over the past year had a median of $1.5M, or $1,109 per square foot. Typical sale prices: two-bedrooms $1.5M. Exact value depends on floor, line, view and finish.

Are there condos for sale at Blue Diamond right now?

Yes — 4 residences are for sale, the least expensive at $1.0M. Mix: 3 one-bedrooms and 1 two-bedroom. 8 units are also available for rent.

What does it cost to rent at Blue Diamond?

The median rent over the past twelve months was $7,000 a month across 29 leases. One-bedrooms rented for about $5,400, two-bedrooms rented for about $7,500 and three-bedrooms rented for about $17,000. 8 units are available to lease today. Minimum lease terms are set by the association — ask us for Blue Diamond’s current rental policy.

Are prices going up at Blue Diamond?

The median sale price is down 7% compared with the prior twelve months. Units that sold took a median 200 days to go under contract. 6 sales closed in the last year.

When was Blue Diamond built?

Blue Diamond. The project credits developer New Florida Properties and architect Robert M. Swedroe Architects.

Where is Blue Diamond located?

Blue Diamond is at 4779 Collins Ave, Miami Beach, FL 33140, in Miami Beach.

Living at Blue Diamond: Summary

Blue Diamond is a condominium in Miami Beach, Miami Beach, FL 33140 (Miami-Dade County). At last update: 4 for sale, 8 for rent and 6 sold in the past year. For a private showing, off-market availability or a valuation of your unit at Blue Diamond, call Matthew Gromadzki at +1 786-370-8570.