5161 COLLINS AVE 1602, Miami Beach, FL 33140

5161 COLLINS AVE 1602, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1966 with 1,030 square feet of living space. The property is currently owned by MITA 1602 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 2012-08-17 for $255,500, when MARCELO JAVIER RUIZ sold to MITA 1602 LLC. The property sold for $118,500 less than the prior sale of $374,000 on 2011-06-07. There are 3 recorded sales for this property.

The 2025 assessed value is $520,210 with a market value of $577,380. The assessed value increased 10% from $472,919 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. 5161 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 2011 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 204% 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 $248 per square foot — a key metric for comparing value across Miami Beach's real estate market..