5005 COLLINS AVE 1407, Miami Beach, FL 33140

Parcel: 0232140180980 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$287,062

Property Details

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

Sales History

1
N/Anon-market transfer
2006-10-01
2
$200,000
2009-04-07
RAC OCEAN INCRENE CASTILLO &W
3
$70,000-65%
2012-08-01
RENE CASTILLO &WANA M CASTILLO

Tax Assessment History

$287,062
Assessed (2025)
$373,780
Market Value
$186,340
Taxable Value
$3,794
Annual Tax
2024
$278,972
$373,780
2025
$287,062
$373,780
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $287,062 $373,780 $186,340 $3,794
2024 $278,972 $373,780 $228,972 $4,662

About 5005 COLLINS AVE 1407, Miami Beach, FL 33140

5005 COLLINS AVE 1407, 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 ANA M CASTILLO, 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 2012-08-01 for $70,000, when RENE CASTILLO &W sold to ANA M CASTILLO. The property sold for $130,000 less than the prior sale of $200,000 on 2009-04-07. There are 3 recorded sales for this property.

The 2025 assessed value is $287,062 with a market value of $373,780. The assessed value increased 3% from $278,972 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. There are active mortgage liens totaling $36,107 recorded against this property.

5005 COLLINS AVE 1407, 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 2006 to 2012, with 3 recorded transactions in the public record.

The current assessed value represents 410% 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 $62 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ANA M CASTILLO
5005 COLLINS AVE APT 1407, MIAMI BEACH, FL, 33140-3280
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$3,844 — $7,115
Flood $400 — $800
Property/Wind $3,444 — $6,315

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
$36,107
MIAMI DADE HOUSING & COMMUNITY DEVELOPMENT · 2025-10-01
Est. Total Balance $36,107
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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