5845 COLLINS AVE 505, Miami Beach, FL 33140

5845 COLLINS AVE 505, Miami Beach, FL 33140 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1982 with 1,723 square feet of living space. The property is currently owned by ALEXANDER H GOMEZ DIANA P ESPINOSA, 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 2010-04-29 for $280,900, when JPMORGAN CHASE BANK NA sold to ALEXANDER H GOMEZ. The property sold for $20,200 less than the prior sale of $301,100 on 2010-02-11. There are 3 recorded sales for this property.

The 2025 assessed value is $439,697 with a market value of $527,250. The assessed value increased 3% from $427,306 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. 5845 COLLINS AVE 505, 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 2007 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 157% of the most recent sale price.

This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $163 per square foot — a key metric for comparing value across Miami Beach's real estate market..