5055 COLLINS AVE 3K, Miami Beach, FL 33140

5055 COLLINS AVE 3K, Miami Beach, FL 33140 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1961 with 1,260 square feet of living space. The property is currently owned by JENNIFER LAM NORBERT D LAM, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2018-11-13 for $365,000, when CATHERINE COAKLEY sold to JENNIFER LAM. The property has appreciated $364,900 (364900%) since the prior sale of $100 on 2009-11-30. There are 3 recorded sales for this property.

The 2025 assessed value is $443,086 with a market value of $443,086. The assessed value increased 7% from $412,476 in 2024. 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. There are active mortgage liens totaling $218,244 recorded against this property. 5055 COLLINS AVE 3K, 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 2003 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 121% 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 $290 per square foot — a key metric for comparing value across Miami Beach's real estate market..