5255 COLLINS AVE 7F, Miami Beach, FL 33140

Parcel: 0232140070600 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$447,438

Property Details

Living Sqft
1,475
Year Built
1963
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$85,000
1986-05-01
2
$140,000+65%
1999-05-01
3
$451,200+222%
2021-10-12
JILL SPALDINGLORIS NAZARIAN

Tax Assessment History

$447,438
Assessed (2025)
$564,760
Market Value
$447,438
Taxable Value
$9,109
Annual Tax
2024
$406,762
$564,760
2025
$447,438
$564,760
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $447,438 $564,760 $447,438 $9,109
2024 $406,762 $564,760 $406,762 $8,281

About 5255 COLLINS AVE 7F, Miami Beach, FL 33140

5255 COLLINS AVE 7F, Miami Beach, FL 33140 is a residential - total value : condominium - residential built in 1963 with 1,475 square feet of living space. The property is currently owned by LORIS NAZARIAN, 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 2021-10-12 for $451,200, when JILL SPALDING sold to LORIS NAZARIAN. The property has appreciated $311,200 (222%) since the prior sale of $140,000 on 1999-05-01. There are 3 recorded sales for this property.

The 2025 assessed value is $447,438 with a market value of $564,760. The assessed value increased 10% from $406,762 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 $298,865 recorded against this property. 5255 COLLINS AVE 7F, 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 1986 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 99% of the most recent sale price.

Based on the most recent sale, this property traded at $306 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

LORIS NAZARIAN
32 W 40 ST 7F, NEW YORK, NY, 10018
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$5,769 — $10,643
Flood $400 — $800
Property/Wind $5,369 — $9,843

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 →

Mortgages

ACTIVE
$315,840
~$298,865 bal.
FIRST REPUBLIC BANK · 2021-10-25
Est. Total Balance $298,865
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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