5601 COLLINS AVE 725, Miami Beach, FL 33140

Parcel: 0232110623160 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$454,038

Property Details

Beds
2
Baths
2
Living Sqft
1,460
Year Built
1968
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$220,000
2011-02-04
ALEJANDRO HERNANDEZCLAUDIO BALTULIONES
2
$100non-market transfer
2011-08-04
CLAUDIO BALTULIONESICPEMIR LLC
3
$350,000
2012-06-29
ICPEMIR LLCNENA INVESTMENTS LLC

Tax Assessment History

$454,038
Assessed (2025)
$551,712
Market Value
$454,038
Taxable Value
$9,244
Annual Tax
2024
$412,762
$551,712
2025
$454,038
$551,712
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $454,038 $551,712 $454,038 $9,244
2024 $412,762 $551,712 $412,762 $8,404

About 5601 COLLINS AVE 725, Miami Beach, FL 33140

5601 COLLINS AVE 725, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1968 with 1,460 square feet of living space. The property is currently owned by NENA INVESTMENTS 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 2012-06-29 for $350,000, when ICPEMIR LLC sold to NENA INVESTMENTS LLC. The property has appreciated $349,900 (349900%) since the prior sale of $100 on 2011-08-04. There are 3 recorded sales for this property.

The 2025 assessed value is $454,038 with a market value of $551,712. The assessed value increased 10% from $412,762 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. 5601 COLLINS AVE 725, 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 2011 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 130% 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 $240 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

NENA INVESTMENTS LLC
7950 NW 53 ST #118, MIAMI, FL, 33166
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,848 — $10,788
Flood $400 — $800
Property/Wind $5,448 — $9,988

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 →
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