5775 COLLINS AVE PH-1, Miami Beach, FL 33140

Parcel: 0232110320680 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$17,822,090

Property Details

Beds
5
Baths
6
Living Sqft
7,456
Year Built
2021
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$37,000,000
2022-06-17
PH1 OCEAN LLCJAMES MARX TRS
2
$37,000,000
2022-06-22
3
$100non-market transfer
2023-06-13
JAMES MARX TRSNORMA BARFIELD TRS
4
N/A
2023-06-21
5
$100non-market transfer
2023-08-10
JAMES MARX TRSNORMA BARFIELD TRS
6
N/A
2023-08-22

Tax Assessment History

$17,822,090
Assessed (2025)
$31,814,640
Market Value
$17,822,090
Taxable Value
$362,843
Annual Tax
2024
$16,201,900
2025
$17,822,090
$31,814,640
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $17,822,090 $31,814,640 $17,822,090 $362,843
2024 $16,201,900 $16,201,900 $16,201,900 $329,858

About 5775 COLLINS AVE PH-1, Miami Beach, FL 33140

5775 COLLINS AVE PH-1, Miami Beach, FL 33140 is a 5-bedroom, 6-bathroom residential - total value : condominium - residential built in 2021 with 7,456 square feet of living space. The property is currently owned by NORMA BARFIELD TRS C/O MARX ROSENTHAL PLLC, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

There are 6 recorded sales for this property. The 2025 assessed value is $17,822,090 with a market value of $31,814,640. The assessed value increased 10% from $16,201,900 in 2024.

The median household income in this area is $104,453, and the median home value is $721,300. The population density is 22,511 people per square mile. There are active mortgage liens totaling $8,962,999 recorded against this property.

5775 COLLINS AVE PH-1, Miami Beach, FL 33140 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 complete ownership history of this property spans from 2022 to 2023, with 6 recorded transactions in the public record..

Current Owner

NORMA BARFIELD TRS C/O MARX ROSENTHAL PLLC
1 SE 3 AVE STE 1210, MIAMI, FL, 33131
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$107,332 — $179,020
Flood $400 — $800
Property/Wind $106,932 — $178,220

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$104,453
Median Home Value$721,300
Pop. Density22,511/sq mi

Neighborhood 33140

27%
Owner-Occ
73%
Investor
2,819
Flips (4yr)
4,853
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$9,200,000
~$8,962,999 bal.
BANK OF AMERICA NA · 2025-10-15
1 satisfied mortgage
SATISFIED 2023-08-22
$17,050,000
BANK OF AMERICA NA
Est. Total Balance $8,962,999
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales