5500 COLLINS AVE 602, Miami Beach, FL 33140

Parcel: 0232140080210 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$930,831

Property Details

Living Sqft
2,827
Year Built
1974
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$169,100
1977-09-01
2
$415,000+145%
2009-10-26
MAX COHEN &W MURIELJASON BURSTEIN
3
$1,125,000+171%
2018-04-30
JASON BURSTEINFPI COLLINS HOLDINGS LLC

Tax Assessment History

$930,831
Assessed (2025)
$930,831
Market Value
$930,831
Taxable Value
$18,951
Annual Tax
2024
$861,556
$984,750
2025
$930,831
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $930,831 $930,831 $930,831 $18,951
2024 $861,556 $984,750 $861,556 $17,541

About 5500 COLLINS AVE 602, Miami Beach, FL 33140

5500 COLLINS AVE 602, Miami Beach, FL 33140 is a residential - total value : condominium - residential built in 1974 with 2,827 square feet of living space. The property is currently owned by FPI COLLINS HOLDINGS LLC C/O FIVE PLUS INVESTMENTS LLC, 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 2018-04-30 for $1,125,000, when JASON BURSTEIN sold to FPI COLLINS HOLDINGS LLC. The property has appreciated $710,000 (171%) since the prior sale of $415,000 on 2009-10-26. There are 3 recorded sales for this property.

The 2025 assessed value is $930,831 with a market value of $930,831. The assessed value increased 8% from $861,556 in 2024. The median household income in this area is $97,167, and the median home value is $577,400.

The population density is 25,325 people per square mile. 5500 COLLINS AVE 602, 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 1977 to 2018, with 3 recorded transactions in the public record. The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $398 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

FPI COLLINS HOLDINGS LLC C/O FIVE PLUS INVESTMENTS LLC
4500 UNIVERSITY PARKWAY, UNIVERSITY HTS, OH, 44118
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$9,708 — $17,554
Flood $400 — $800
Property/Wind $9,308 — $16,754

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$97,167
Median Home Value$577,400
Pop. Density25,325/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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