5500 COLLINS AVE DS3, Miami Beach, FL 33140
Parcel: 0232140080940 · Residential · Dock · Zoning: 4100
Assessed Value (2025)
$50,941
Property Details
Living Sqft
96
Year Built
1974
RESIDENTIAL - TOTAL VALUE : DOCK - TOTAL VALUE
Sales History
1
N/Anon-market transfer
1992-11-01
2
N/Anon-market transfer
2019-08-21
JAIME KOPEL (TR) → JAIME KOPEL TRS
3
$50,000
2021-03-01
JOSEPH SPITZER → MICHAEL D FARKAS
Tax Assessment History
$50,941
Assessed (2025)
$68,202
Market Value
$50,941
Taxable Value
$1,037
Annual Tax
2024
$46,310
$50,520
2025
$50,941
$68,202
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $50,941 | $68,202 | $50,941 | $1,037 | $0 | $0 |
| 2024 | $46,310 | $50,520 | $46,310 | $943 | $0 | $0 |
About 5500 COLLINS AVE DS3, Miami Beach, FL 33140
5500 COLLINS AVE DS3, Miami Beach, FL 33140 is a residential - total value : dock - total value built in 1974 with 96 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 2021-03-01 for $50,000, when JOSEPH SPITZER sold to MICHAEL D FARKAS . There are 3 recorded sales for this property. The 2025 assessed value is $50,941 with a market value of $68,202.
The assessed value increased 10% from $46,310 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 DS3, 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 1992 to 2021, with 3 recorded transactions in the public record.
The current assessed value represents 102% of the most recent sale price. Based on the most recent sale, this property traded at $521 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Current Owner
MICHAEL D FARKAS
5005 LAKEVIEW DR, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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
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