Long Term Policy: 2 times a year, 6 Months minimum
Lease After Purchase: Ok To Lease
Pets Policy: Pets for owners only, 2 pets allowed, total weight limit is 40 lbs or 15 lbs each. No pet fees.
Price Range: From $1,080,000 To $1,999,000
Architect: Robert M Swedroe
Developer: New Florida Properties
Blue Diamond Floor Plans: Contact Us
Condo Association:305-672-9910
Blue Diamond is a beachfront condo tower at 4779 Collins Ave in Mid and North Beach, Miami Beach. Built in 2000, the 44-story tower has 315 residences and sits beside Green Diamond in one of the better-known beachfront settings on Collins Avenue.
Blue Diamond condos for sale should be compared by direct ocean exposure, bay or city views, floor height, balcony position, renovation quality, parking, and monthly fees. In a tall beachfront tower, line and elevation can change the value picture quickly, especially for buyers prioritizing views.
Rental policy currently shows a long-term rental setup, a 6-month minimum rental term, and up to 2 rentals per year. Buyers should verify association rules, lease approvals, fees, and current restrictions before relying on rental income.
Architectural and ownership notes point to Robert M Swedroe, New Florida Properties. The building is pet-friendly. Tennis access is part of the amenity review. Buyers should review beach services, amenities, parking, security, reserves, insurance considerations, and monthly fees together with the unit's view and condition. Whirlpools and oceanfront swimming pools, including one with a waterfall, cater to both children and adults. The 500 feet of stunning beachfront, complete with deluxe cabanas, offers a sublime beach experience. The recreation facility is ideal for entertainment and events, and the spa/hot tub, sauna, and steam rooms offer a relaxing retreat. Additional amenities include a barbecue grilling area, a business center, a flaunting two-story lobby, a state-of-the-art fitness facility, 24-hour security, a fully-attended front desk, full-service valet parking, and concierge services. Additional amenities to review include direct beach access, beach club, oceanfront pool and jacuzzi, beachside cabanas, tennis courts, full-service spa, fitness center, billiards room, concierge, and 24-hour security.
Compare active condos for sale, active rentals, recent sales, view quality, unit condition, monthly fees, parking, rental rules, pet policy, beach access, and balcony exposure. It is also useful to compare Blue Diamond Miami with nearby buildings and area pages such as Miami Beach and Green Diamond.
Blue Diamond Miami has completed-year closed-sale history from 2017 through 2025 in the market statistics, with 111 recorded condo sales, or about 12 sales per year. That gives buyers a useful resale sample, but individual unit differences still need to be adjusted carefully. The busiest year in the series was 2021 with 23 sales, while the quietest was 2023 with 7. Recent completed-year sales volume is below the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.
The completed-year price-per-square-foot history for Blue Diamond Miami ranges from about $769/sqft to $1,337/sqft, with an average near $1,040/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $866/sqft in 2017 to $1,317/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $1,616,129, but that number should be read by bedroom count, size, view, and renovation level.
Bedroom-level statistics also help explain value at Blue Diamond Miami: 2 Beds and 3 Beds units have the broadest historical comparison set, while 4 Beds+ around $4,893,750 and 3 Beds around $2,439,638 represent the higher average closed-price tiers in the chart data. The segment is useful, but buyers should still check whether the underlying sales were similar in size, view, and condition. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Blue Diamond Miami also has long-term rental positioning with a 6-month minimum lease and up to 2 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.
Building FAQ
Blue Diamond is located at 4779 Collins Ave in Mid And North Beach, Miami Beach.
The building profile lists 2000 construction, 44 stories, and 315 units.
For Blue Diamond, the building profile notes a long-term rental profile, 6 Months minimum rental term, and up to 2 rentals per year. That policy can matter as much as the unit itself for investors and seasonal-use buyers. Before making an offer, confirm association rules, approval timing, fees, city requirements, and any recent policy changes.
Buyers should compare view exposure, floor plan, unit condition, monthly fees, parking, rental rules, pet policy, amenities, recent sales, and competing nearby buildings.
Blue Diamond Miami currently shows a pet-friendly policy, up to 2 pets, 15 lbs per pet, 40 lbs combined, no pet fee currently indicated. Buyers and renters should confirm current association rules, breed or weight limits, deposits, and approval requirements before relying on the policy.
Blue Diamond Miami has completed-year sales history from 2017 through 2025 with 111 recorded closed sales, or about 12 sales per year. That gives buyers a useful resale sample, but individual unit differences still need to be adjusted carefully. Recent completed-year sales volume is below the long-term average. Buyers should still compare individual units by line, view, condition, floor height, fees, parking, and building rules.
The completed-year price-per-square-foot history for Blue Diamond Miami runs from 2017 through 2025 and ranges from about $769/sqft to $1,337/sqft, with an average near $1,040/sqft. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. Average closed price over the same completed-year data is about $1,616,129, but buyers should read that number by bedroom count, size, view, and renovation level.
