5601 COLLINS AVE 907, Miami Beach, FL 33140
Parcel: 0232110620840 · Residential · Condominium - Residential · Zoning: 4100
Assessed Value (2025)
$518,500
Property Details
Beds
1
Baths
1.5
Living Sqft
930
Year Built
1968
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$109,900
1994-05-01
2
$390,000+255%
2018-09-13
JOHN A PAZOS &W NANCY → SAMANA BEACH LLC
3
$640,000+64%
2024-09-04
SAMANA BEACH LLC → WAIKIKI LLC
4
$640,000
2024-10-15
Tax Assessment History
$518,500
Assessed (2025)
$518,500
Market Value
$518,500
Taxable Value
$10,556
Annual Tax
2024
$396,623
$518,500
2025
$518,500
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $518,500 | $518,500 | $518,500 | $10,556 | $0 | $0 |
| 2024 | $396,623 | $518,500 | $396,623 | $8,075 | $0 | $0 |
About 5601 COLLINS AVE 907, Miami Beach, FL 33140
5601 COLLINS AVE 907, Miami Beach, FL 33140 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1968 with 930 square feet of living space. The property is currently owned by WAIKIKI LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2024-10-15 for $640,000. There are 4 recorded sales for this property. The 2025 assessed value is $518,500 with a market value of $518,500.
The assessed value increased 31% from $396,623 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 $231,110 recorded against this property. 5601 COLLINS AVE 907, 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 1994 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 81% of the most recent sale price. Based on the most recent sale, this property traded at $688 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Current Owner
WAIKIKI LLC
5601 COLLINS AVE 907, MIAMI GARDENS, FL, 33140
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$6,622 — $12,207
Flood $400 — $800
Property/Wind $6,222 — $11,407
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
Mortgages
ACTIVE
$249,000
FIRST BANK · 2020-08-03
Est. Total Balance $231,110
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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