5225 COLLINS AVE CU108, Miami Beach, FL 33140
Parcel: 0232140192600 · Store · Condominium - Commercial · Zoning: 4100
Assessed Value (2025)
$112,500
Property Details
Baths
1
Living Sqft
150
Year Built
1962
STORE : CONDOMINIUM - COMMERCIAL
Sales History
1
$20,000
1999-09-01
2
$3,750,000+18650%
2015-01-07
ALEXANDER CONDO HOTEL JOINT VENT → SOHO REALTY LLC
3
$100,000-97%
2016-09-26
SOHO REALTY LLC → LTA INVESTMENT PROPERTIES LLC
Tax Assessment History
$112,500
Assessed (2025)
$112,500
Market Value
$112,500
Taxable Value
$2,290
Annual Tax
2024
$105,459
$135,000
2025
$112,500
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $112,500 | $112,500 | $112,500 | $2,290 | $0 | $0 |
| 2024 | $105,459 | $135,000 | $105,459 | $2,147 | $0 | $0 |
About 5225 COLLINS AVE CU108, Miami Beach, FL 33140
5225 COLLINS AVE CU108, Miami Beach, FL 33140 is a store : condominium - commercial built in 1962 with 150 square feet of living space. The property is currently owned by LTA INVESTMENT PROPERTIES 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 2016-09-26 for $100,000, when SOHO REALTY LLC sold to LTA INVESTMENT PROPERTIES LLC. The property sold for $3,650,000 less than the prior sale of $3,750,000 on 2015-01-07. There are 3 recorded sales for this property.
The 2025 assessed value is $112,500 with a market value of $112,500. The assessed value increased 7% from $105,459 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 CU108, 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 1999 to 2016, with 3 recorded transactions in the public record. The current assessed value represents 113% of the most recent sale price. Based on the most recent sale, this property traded at $667 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Current Owner
LTA INVESTMENT PROPERTIES LLC
1000 E HALLANDALE BEACH BLVD 28, HALLANDALE BEACH, FL, 33009
Since: 2026-03-29
View owner profile →
People Behind This Entity
Est. Annual Insurance
$1,900 — $3,800
Flood $400 — $800
Property/Wind $1,500 — $3,000
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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