5225 COLLINS AVE 816, Miami Beach, FL 33140

5225 COLLINS AVE 816, 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 FAT CHI LLC, 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 2022-07-13 for $301,100, when ROBERTO GUTIERREZ sold to FAT CHI LLC. The property sold for $118,900 less than the prior sale of $420,000 on 2017-01-31. There are 3 recorded sales for this property.

The 2025 assessed value is $381,928 with a market value of $381,928. The assessed value decreased 5% from $402,030 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. There are active mortgage liens totaling $300,498 recorded against this property. 5225 COLLINS AVE 816, 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 2002 to 2022, with 3 recorded transactions in the public record. The current assessed value represents 127% 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 $314 per square foot — a key metric for comparing value across Miami Beach's real estate market..