8701 COLLINS AVE PH1, Miami Beach, FL 33154

Parcel: 0232021650670 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$24,916,320

Property Details

Living Sqft
10,322
Year Built
2021
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$37,000,000
2020-10-06
8701 COLLINS DEV LLCMIAMI 360 LLC

Tax Assessment History

$24,916,320
Assessed (2025)
$24,960,000
Market Value
$24,916,320
Taxable Value
$507,276
Annual Tax
2024
$22,651,200
$23,712,000
2025
$24,916,320
$24,960,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $24,916,320 $24,960,000 $24,916,320 $507,276
2024 $22,651,200 $23,712,000 $22,651,200 $461,160

About 8701 COLLINS AVE PH1, Miami Beach, FL 33154

8701 COLLINS AVE PH1, Miami Beach, FL 33154 is a residential - total value : condominium - residential built in 2021 with 10,322 square feet of living space. The property is currently owned by MIAMI 360 LLC C/O JOSEPH M HERNANDEZ, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-10-06 for $37,000,000, when 8701 COLLINS DEV LLC sold to MIAMI 360 LLC. The 2025 assessed value is $24,916,320 with a market value of $24,960,000. The assessed value increased 10% from $22,651,200 in 2024.

The median household income in this area is $43,431, and the median home value is $-666,666,666. The population density is 7,067 people per square mile. There are active mortgage liens totaling $28,778,655 recorded against this property.

8701 COLLINS AVE PH1, Miami Beach, FL 33154 is located in Miami Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Miami Beach property are sourced from miami_dade County public records. The current assessed value represents 67% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $3585 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MIAMI 360 LLC C/O JOSEPH M HERNANDEZ
2525 PONCE DE LEON BLVD 700, CORAL GABLES, FL, 33134
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$149,897 — $249,963
Flood $400 — $800
Property/Wind $149,497 — $249,163

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$43,431
Median Home Value$-666,666,666
Pop. Density7,067/sq mi

Neighborhood 33154

29.6%
Owner-Occ
70.4%
Investor
375
Flips (4yr)
3,175
New Biz (3yr)
Distress Risk
MODERATE
39
View full risk analysis →

Mortgages

ACTIVE
$30,000,000
~$28,778,655 bal.
JPMORGAN CHASE BANK NA · 2022-10-26
Est. Total Balance $28,778,655
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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