5601 COLLINS AVE 1612, Miami Beach, FL 33140
Parcel: 0232110621550 · Residential · Condominium - Residential · Zoning: 4100
Assessed Value (2025)
$667,337
Property Details
Beds
2
Baths
2
Living Sqft
1,320
Year Built
1968
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$465,000
2014-03-14
WENDY DIAZ → IWALA MIAMI LLC
2
$632,000+36%
2018-01-17
IWALA MIAMI LLC → ADRIANA PIPI FASHION LLC
3
$605,000-4%
2020-07-17
ADRIANA PIPI FASHION LLC → PANAMERICANA HOLDINGS LLC
Tax Assessment History
$667,337
Assessed (2025)
$807,219
Market Value
$667,337
Taxable Value
$13,586
Annual Tax
2024
$606,670
$807,219
2025
$667,337
$807,219
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $667,337 | $807,219 | $667,337 | $13,586 | $0 | $0 |
| 2024 | $606,670 | $807,219 | $606,670 | $12,351 | $0 | $0 |
About 5601 COLLINS AVE 1612, Miami Beach, FL 33140
5601 COLLINS AVE 1612, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1968 with 1,320 square feet of living space. The property is currently owned by PANAMERICANA HOLDINGS LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.
The most recent sale was on 2020-07-17 for $605,000, when ADRIANA PIPI FASHION LLC sold to PANAMERICANA HOLDINGS LLC. The property sold for $27,000 less than the prior sale of $632,000 on 2018-01-17. There are 3 recorded sales for this property.
The 2025 assessed value is $667,337 with a market value of $807,219. The assessed value increased 10% from $606,670 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 $379,121 recorded against this property. 5601 COLLINS AVE 1612, 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 2014 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 110% of the most recent sale price.
Based on the most recent sale, this property traded at $458 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Current Owner
PANAMERICANA HOLDINGS LLC
419 W 49 ST 111, HIALEAH, FL, 33012
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$8,408 — $15,481
Flood $400 — $800
Property/Wind $8,008 — $14,681
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
$400,000
FIRSTBANK PUERTO RICO · 2021-12-01
Est. Total Balance $379,121
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales