5161 COLLINS AVE 1605, Miami Beach, FL 33140

5161 COLLINS AVE 1605, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1966 with 1,360 square feet of living space. The property is currently owned by SASCHA INC, 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 2009-12-22 for $610,000, when FULVIA GIANGROSSI sold to SASCHA INC. The property has appreciated $277,000 (83%) since the prior sale of $333,000 on 1996-04-01. The 2025 assessed value is $737,494 with a market value of $737,494.

The assessed value increased 3% from $715,013 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 1605, 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 2009, with 2 recorded transactions in the public record.

The current assessed value represents 121% 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 $449 per square foot — a key metric for comparing value across Miami Beach's real estate market..