5255 COLLINS AVE 3G, Miami Beach, FL 33140

Parcel: 0232140070250 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$405,848

Property Details

Living Sqft
1,585
Year Built
1963
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2004-06-01
2
$249,000
2004-06-01
3
$113,670-54%
2013-01-18
MARTHA BUSTAMANTEMARTHA BUSTAMANTE JTRS

Tax Assessment History

$405,848
Assessed (2025)
$517,692
Market Value
$405,848
Taxable Value
$8,263
Annual Tax
2024
$368,953
$517,692
2025
$405,848
$517,692
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $405,848 $517,692 $405,848 $8,263
2024 $368,953 $517,692 $368,953 $7,512

About 5255 COLLINS AVE 3G, Miami Beach, FL 33140

5255 COLLINS AVE 3G, Miami Beach, FL 33140 is a residential - total value : condominium - residential built in 1963 with 1,585 square feet of living space. The property is currently owned by MARTHA BUSTAMANTE JTRS MARGARITA BUSTAMANTE JTRS, 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 2013-01-18 for $113,670, when MARTHA BUSTAMANTE sold to MARTHA BUSTAMANTE JTRS. There are 3 recorded sales for this property. The 2025 assessed value is $405,848 with a market value of $517,692.

The assessed value increased 10% from $368,953 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.

5255 COLLINS AVE 3G, 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 2004 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 357% 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 $72 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MARTHA BUSTAMANTE JTRS MARGARITA BUSTAMANTE JTRS
5255 COLLINS AVE APT 3-G, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$5,270 — $9,728
Flood $400 — $800
Property/Wind $4,870 — $8,928

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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