5601 COLLINS AVE M-5, Miami Beach, FL 33140

Parcel: 0232110623430 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$544,640

Property Details

Beds
1
Baths
2
Living Sqft
1,335
Year Built
1995
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$265,000
2013-12-06
GUSTAVO DE ZENDEGUI TRSANTHONY LOPEZ
2
$265,000
2016-07-28
ANTHONY LOPEZRUTH BOSCH
3
$645,000+143%
2022-02-28
RUTH BOSCHAGUSTINA CAMINOS
4
$645,000
2022-03-14
5
$690,000+7%
2026-05-12
AGUSTINA CAMINOSTERRELL RHYE

Tax Assessment History

$544,640
Assessed (2025)
$544,640
Market Value
$493,918
Taxable Value
$10,056
Annual Tax
2024
$544,640
2025
$544,640
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $544,640 $544,640 $493,918 $10,056
2024 $544,640 $544,640 $544,640 $11,088

About 5601 COLLINS AVE M-5, Miami Beach, FL 33140

5601 COLLINS AVE M-5, Miami Beach, FL 33140 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1995 with 1,335 square feet of living space. The property is currently owned by TERRELL RHYE, recorded as of 2026-06-21. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-05-12 for $690,000, when AGUSTINA CAMINOS sold to TERRELL RHYE. The property has appreciated $45,000 (7%) since the prior sale of $645,000 on 2022-03-14. There are 5 recorded sales for this property.

The 2025 assessed value is $544,640 with a market value of $544,640. 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. There are active mortgage liens totaling $490,961 recorded against this property. 5601 COLLINS AVE M-5, 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 2013 to 2026, with 5 recorded transactions in the public record. The current assessed value represents 79% of the most recent sale price.

Based on the most recent sale, this property traded at $517 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

TERRELL RHYE
5601 COLLINS AVE M-5, MIAMI BEACH, FL, 33140
Since: 2026-06-21
View owner profile →

Est. Annual Insurance

$4,757 — $8,424
Flood $400 — $800
Property/Wind $4,357 — $7,624

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
$516,000
~$490,961 bal.
CITY NATIONAL BANK OF FLORIDA · 2022-03-14
Est. Total Balance $490,961
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales