5225 COLLINS AVE 420, Miami Beach, FL 33140

Parcel: 0232140192070 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$397,011

Property Details

Beds
2
Baths
2
Living Sqft
1,200
Year Built
1962
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$68,600
2010-10-20
IVETTE CRUZCASTELO DEVELOPMENT LLC
2
$370,000+439%
2011-07-13
CASTELO DEVELOPMENT LLCCOLONIA USA LLC
3
$480,000+30%
2021-07-30
COLONIA USA LLCMKF UNITS LLC

Tax Assessment History

$397,011
Assessed (2025)
$397,011
Market Value
$397,011
Taxable Value
$8,083
Annual Tax
2024
$441,123
2025
$397,011
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $397,011 $397,011 $397,011 $8,083
2024 $441,123 $441,123 $441,123 $8,981

About 5225 COLLINS AVE 420, Miami Beach, FL 33140

5225 COLLINS AVE 420, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1962 with 1,200 square feet of living space. The property is currently owned by MKF UNITS LLC C/O KF BRAUN MANAGEMENT LLC, 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 2021-07-30 for $480,000, when COLONIA USA LLC sold to MKF UNITS LLC. The property has appreciated $110,000 (30%) since the prior sale of $370,000 on 2011-07-13. There are 3 recorded sales for this property.

The 2025 assessed value is $397,011 with a market value of $397,011. The assessed value decreased 10% from $441,123 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 420, 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 2021, with 3 recorded transactions in the public record. The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $400 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MKF UNITS LLC C/O KF BRAUN MANAGEMENT LLC
160 BROADWAY 1 FLR, NEW YORK, NY, 10038
Since: 2026-04-19
View owner profile →

People Behind This Entity

Est. Annual Insurance

$5,164 — $9,534
Flood $400 — $800
Property/Wind $4,764 — $8,734

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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