5601 COLLINS AVE 1220, Miami Beach, FL 33140

Parcel: 0232110622560 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$549,037

Property Details

Beds
2
Baths
2
Living Sqft
1,290
Year Built
1968
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$425,000
2017-08-28
LINTON REO LLCAGUAS DORADAS CORP
2
$405,000-5%
2020-11-24
AGUAS DORADAS CORPJACHT LLC
3
$620,000+53%
2022-06-06
JACHT LLCTORAM LLC
4
$620,000
2022-06-21

Tax Assessment History

$549,037
Assessed (2025)
$567,188
Market Value
$549,037
Taxable Value
$11,178
Annual Tax
2024
$499,125
$567,188
2025
$549,037
$567,188
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $549,037 $567,188 $549,037 $11,178
2024 $499,125 $567,188 $499,125 $10,162

About 5601 COLLINS AVE 1220, Miami Beach, FL 33140

5601 COLLINS AVE 1220, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1968 with 1,290 square feet of living space. The property is currently owned by TORAM 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 2022-06-21 for $620,000. There are 4 recorded sales for this property. The 2025 assessed value is $549,037 with a market value of $567,188.

The assessed value increased 10% from $499,125 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 $406,501 recorded against this property. 5601 COLLINS AVE 1220, 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 2017 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 89% of the most recent sale price. Based on the most recent sale, this property traded at $481 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

TORAM LLC
19790 W DIXIE HWY 1111, MIAMI, FL, 33180
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$6,988 — $12,878
Flood $400 — $800
Property/Wind $6,588 — $12,078

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 5% rate
$434,000
~$406,501 bal.
BRADESCO BAC FLORIDA BANK · 2022-06-21
1 satisfied mortgage
SATISFIED 2020-12-09
$263,250
FLORIDA HOME TRUST MORTGAGE INC
Est. Total Balance $406,501
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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