5225 COLLINS AVE 1602, Miami Beach, FL 33140
Parcel: 0232140190240 · Residential · Condominium - Residential · Zoning: 4100
Assessed Value (2025)
$695,530
Property Details
Beds
2
Baths
2
Living Sqft
1,180
Year Built
1962
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$815,000
2005-12-01
2
$365,000-55%
2008-09-12
WILLIAM VITALE &W LILIANE → TERESA VARGAS
3
$10non-market transfer
2008-10-08
TERESA VARGAS → TERESA VARGAS JTRS
Tax Assessment History
$695,530
Assessed (2025)
$695,530
Market Value
$695,530
Taxable Value
$14,160
Annual Tax
2024
$695,530
2025
$695,530
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $695,530 | $695,530 | $695,530 | $14,160 | $0 | $0 |
| 2024 | $695,530 | $695,530 | $695,530 | $14,160 | $0 | $0 |
About 5225 COLLINS AVE 1602, Miami Beach, FL 33140
5225 COLLINS AVE 1602, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1962 with 1,180 square feet of living space. The property is currently owned by TERESA VARGAS JTRS MICHAEL J VARGA (JTRS), 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 2008-10-08 for $10, when TERESA VARGAS sold to TERESA VARGAS JTRS. The property sold for $364,990 less than the prior sale of $365,000 on 2008-09-12. There are 3 recorded sales for this property.
The 2025 assessed value is $695,530 with a market value of $695,530. 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.
5225 COLLINS AVE 1602, 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 2005 to 2008, with 3 recorded transactions in the public record..
Current Owner
TERESA VARGAS JTRS MICHAEL J VARGA (JTRS)
5225 COLLINS AVE UNIT 1602, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$8,746 — $16,101
Flood $400 — $800
Property/Wind $8,346 — $15,301
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
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