5025 COLLINS AVE 1602, Miami Beach, FL 33140

Parcel: 0232140230200 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$1,055,764

Property Details

Beds
2
Baths
2
Living Sqft
1,350
Year Built
1995
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$253,000
1996-01-01
2
$615,000+143%
2004-06-01
3
$730,000+19%
2012-10-26
AILIN TURBAYBRUTUS 1 CORP

Tax Assessment History

$1,055,764
Assessed (2025)
$1,055,764
Market Value
$1,055,764
Taxable Value
$21,495
Annual Tax
2024
$1,005,490
2025
$1,055,764
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,055,764 $1,055,764 $1,055,764 $21,495
2024 $1,005,490 $1,005,490 $1,005,490 $20,471

About 5025 COLLINS AVE 1602, Miami Beach, FL 33140

5025 COLLINS AVE 1602, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1995 with 1,350 square feet of living space. The property is currently owned by BRUTUS 1 CORP, 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 2012-10-26 for $730,000, when AILIN TURBAY sold to BRUTUS 1 CORP. The property has appreciated $115,000 (19%) since the prior sale of $615,000 on 2004-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,055,764 with a market value of $1,055,764. The assessed value increased 5% from $1,005,490 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. 5025 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 1996 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 145% 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 $541 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BRUTUS 1 CORP
5025 COLLINS AVE 1908, MIAMI, FL, 33140
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$8,846 — $15,580
Flood $400 — $800
Property/Wind $8,446 — $14,780

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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