5845 COLLINS AVE 203, Miami Beach, FL 33140

Parcel: 0232110510120 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$306,970

Property Details

Beds
3
Baths
2
Living Sqft
1,753
Year Built
1982
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2013-06-26
YOSBEL IBARRAYOSBEL A IBARRA JTRS
2
$487,500
2019-01-30
YOSBEL IBARRA JTRSENRIQUE R PUIG
3
$500,000+3%
2020-10-08
ENRIQUE R PUIGARNALDO CASTANO

Tax Assessment History

$306,970
Assessed (2025)
$527,250
Market Value
$256,248
Taxable Value
$5,217
Annual Tax
2024
$298,319
$527,250
2025
$306,970
$527,250
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $306,970 $527,250 $256,248 $5,217
2024 $298,319 $527,250 $248,319 $5,056

About 5845 COLLINS AVE 203, Miami Beach, FL 33140

5845 COLLINS AVE 203, Miami Beach, FL 33140 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1982 with 1,753 square feet of living space. The property is currently owned by ARNALDO CASTANO ELIZABETH FERNANDEZ, 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 2020-10-08 for $500,000, when ENRIQUE R PUIG sold to ARNALDO CASTANO. The property has appreciated $12,500 (3%) since the prior sale of $487,500 on 2019-01-30. There are 3 recorded sales for this property.

The 2025 assessed value is $306,970 with a market value of $527,250. The assessed value increased 3% from $298,319 in 2024. The property has the following tax exemptions: homestead.

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 $302,597 recorded against this property.

5845 COLLINS AVE 203, 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 2013 to 2020, with 3 recorded transactions in the public record.

The current assessed value represents 61% 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 $285 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ARNALDO CASTANO ELIZABETH FERNANDEZ
5845 COLLINS AVE APT 203, MIAMI BEACH, FL, 33140-2266
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,469 — $6,325
Flood $400 — $800
Property/Wind $3,069 — $5,525

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
$325,000
~$302,597 bal.
BETTER MORTGAGE CORP · 2020-10-21
Est. Total Balance $302,597
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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