5005 COLLINS AVE 1107, Miami Beach, FL 33140

Parcel: 0232140180960 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$352,809

Property Details

Beds
1
Baths
1.5
Living Sqft
1,121
Year Built
1964
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$184,000
2010-05-11
ACACIA GOMEZJESUS PEREZ
2
$100non-market transfer
2010-05-31
JESUS PEREZYIGANIS CABRERA
3
$245,000
2011-05-09
YIGANIS CABRERAJOHN E GALLO

Tax Assessment History

$352,809
Assessed (2025)
$366,168
Market Value
$302,087
Taxable Value
$6,150
Annual Tax
2024
$342,866
$366,168
2025
$352,809
$366,168
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $352,809 $366,168 $302,087 $6,150
2024 $342,866 $366,168 $292,866 $5,963

About 5005 COLLINS AVE 1107, Miami Beach, FL 33140

5005 COLLINS AVE 1107, Miami Beach, FL 33140 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1964 with 1,121 square feet of living space. The property is currently owned by JOHN E GALLO MARIA B GALLO, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2011-05-09 for $245,000, when YIGANIS CABRERA sold to JOHN E GALLO. The property has appreciated $244,900 (244900%) since the prior sale of $100 on 2010-05-31. There are 3 recorded sales for this property.

The 2025 assessed value is $352,809 with a market value of $366,168. The assessed value increased 3% from $342,866 in 2024. The property has the following tax exemptions: homestead.

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. 5005 COLLINS AVE 1107, 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 2010 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 144% 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 $219 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

JOHN E GALLO MARIA B GALLO
5005 COLLINS AVE #1107B, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,633 — $8,561
Flood $400 — $800
Property/Wind $4,233 — $7,761

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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