5025 COLLINS AVE 1603, Miami Beach, FL 33140

5025 COLLINS AVE 1603, Miami Beach, FL 33140 is a 3-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 1995 with 1,660 square feet of living space. The property is currently owned by PALMA REAL BEACH HOLDINGS LLC, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2011-03-14 for $950,000, when EVELYN L PINO sold to PALMA REAL BEACH HOLDINGS LLC. The property has appreciated $150,000 (19%) since the prior sale of $800,000 on 2004-09-01. There are 3 recorded sales for this property.

The 2025 assessed value is $1,193,818 with a market value of $1,193,818. The assessed value increased 2% from $1,169,652 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 1603, 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 2000 to 2011, with 3 recorded transactions in the public record. The current assessed value represents 126% 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 $572 per square foot — a key metric for comparing value across Miami Beach's real estate market..