5225 COLLINS AVE 1411, Miami Beach, FL 33140

Parcel: 0232140191360 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$363,381

Property Details

Beds
2
Baths
2
Living Sqft
960
Year Built
1962
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2011-10-10
S & L INVESTMENT REAL ESTATE INCWATERSTONE CAPITAL LLC
2
$360,000
2011-12-23
WATERSTONE CAPITAL LLCJOSE RICARDO FURNARI
3
$475,000+32%
2014-09-05
JOSE RICARDO FURNARIJS REAL ESTATE DEVELOPMENT LLC
4
$622,500+31%
2026-04-14
JS REAL ESTATE DEVELOPMENT LLCGREGORY BROWN

Tax Assessment History

$363,381
Assessed (2025)
$401,404
Market Value
$363,381
Taxable Value
$7,398
Annual Tax
2024
$330,347
$422,530
2025
$363,381
$401,404
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $363,381 $401,404 $363,381 $7,398
2024 $330,347 $422,530 $330,347 $6,726

About 5225 COLLINS AVE 1411, Miami Beach, FL 33140

5225 COLLINS AVE 1411, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1962 with 960 square feet of living space. The property is currently owned by GREGORY BROWN JENNIFER MERRICK BROWN, recorded as of 2026-05-31. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-04-14 for $622,500, when JS REAL ESTATE DEVELOPMENT LLC sold to GREGORY BROWN. The property has appreciated $147,500 (31%) since the prior sale of $475,000 on 2014-09-05. There are 4 recorded sales for this property.

The 2025 assessed value is $363,381 with a market value of $401,404. The assessed value increased 10% from $330,347 in 2024. 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 1411, 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 2026, with 4 recorded transactions in the public record. The current assessed value represents 58% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $648 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

GREGORY BROWN JENNIFER MERRICK BROWN
35 INDIAN POND RD, DENNIS, MA, 02670
Since: 2026-05-31
View owner profile →

Est. Annual Insurance

$4,760 — $8,794
Flood $400 — $800
Property/Wind $4,360 — $7,994

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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