5500 COLLINS AVE 1001, Miami Beach, FL 33140

5500 COLLINS AVE 1001, Miami Beach, FL 33140 is a residential - total value : condominium - residential built in 1974 with 2,868 square feet of living space. The property is currently owned by MICHAEL D FARKAS, 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 2021-02-05 for $1,030,000, when JOSEPH SPITZER sold to MICHAEL D FARKAS. The property has appreciated $105,000 (11%) since the prior sale of $925,000 on 2017-01-27. There are 3 recorded sales for this property.

The 2025 assessed value is $1,107,048 with a market value of $1,107,048. The assessed value increased 6% from $1,045,230 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. There are active mortgage liens totaling $588,339 recorded against this property. 5500 COLLINS AVE 1001, 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 2011 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 107% of the most recent sale price.

Based on the most recent sale, this property traded at $359 per square foot — a key metric for comparing value across Miami Beach's real estate market..