5055 COLLINS AVE 1B, Miami Beach, FL 33140

Parcel: 0232140060020 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$324,280

Property Details

Beds
1
Baths
2
Living Sqft
1,258
Year Built
1961
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2010-10-01
SUSAN L BUTTERSUSAN L BUTTER TRS
2
$100non-market transfer
2016-09-30
SUSAN L BUTTER TRSDONALD W CHAN LE
3
$300,000
2018-07-02
DONALD W CHAN LEDONALD W CHAN LE

Tax Assessment History

$324,280
Assessed (2025)
$407,313
Market Value
$273,558
Taxable Value
$5,569
Annual Tax
2024
$315,141
$419,910
2025
$324,280
$407,313
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $324,280 $407,313 $273,558 $5,569
2024 $315,141 $419,910 $265,141 $5,398

About 5055 COLLINS AVE 1B, Miami Beach, FL 33140

5055 COLLINS AVE 1B, Miami Beach, FL 33140 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1961 with 1,258 square feet of living space. The property is currently owned by DONALD W CHAN MEG GREEN TRS, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2018-07-02 for $300,000, when DONALD W CHAN LE sold to DONALD W CHAN LE. The property has appreciated $299,900 (299900%) since the prior sale of $100 on 2016-09-30. There are 3 recorded sales for this property.

The 2025 assessed value is $324,280 with a market value of $407,313. The assessed value increased 3% from $315,141 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $120,481, and the median home value is $657,000. The population density is 19,740 people per square mile. 5055 COLLINS AVE 1B, 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 2010 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 108% of the most recent sale price.

Based on the most recent sale, this property traded at $238 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

DONALD W CHAN MEG GREEN TRS
5055 COLLINS AVE # 1B, MIAMI, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,291 — $7,934
Flood $400 — $800
Property/Wind $3,891 — $7,134

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$120,481
Median Home Value$657,000
Pop. Density19,740/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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