5161 COLLINS AVE 412, Miami Beach, FL 33140

Parcel: 0232140241670 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$667,457

Property Details

Beds
2
Baths
2
Living Sqft
1,360
Year Built
1966
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$600,000
2020-10-09
AP BLUE OCEAN LLCAA INSPIRATION PROPERTY
2
$795,000+33%
2022-09-30
AA INSPIRATION PROPERTYSTEPHAN SION ELBAZ
3
$795,000
2022-10-06
4
$972,000+22%
2023-06-08
STEPHAN SION ELBAZFRANCES SUSAN PASCALE
5
$972,000
2023-06-27

Tax Assessment History

$667,457
Assessed (2025)
$667,457
Market Value
$667,457
Taxable Value
$13,589
Annual Tax
2024
$785,243
2025
$667,457
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $667,457 $667,457 $667,457 $13,589
2024 $785,243 $785,243 $785,243 $15,987

About 5161 COLLINS AVE 412, Miami Beach, FL 33140

5161 COLLINS AVE 412, 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 FRANCES SUSAN PASCALE JOHN J PASCALE JR, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2023-06-27 for $972,000. There are 5 recorded sales for this property. The 2025 assessed value is $667,457 with a market value of $667,457.

The assessed value decreased 15% from $785,243 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.

There are active mortgage liens totaling $570,305 recorded against this property. 5161 COLLINS AVE 412, 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 2020 to 2023, with 5 recorded transactions in the public record. The current assessed value represents 69% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase.

Based on the most recent sale, this property traded at $715 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

FRANCES SUSAN PASCALE JOHN J PASCALE JR
5161 COLLINS AVE 412, MIAMI, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$8,409 — $15,484
Flood $400 — $800
Property/Wind $8,009 — $14,684

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 →

Mortgages

ACTIVE
$596,250
~$570,305 bal.
SIERRA PACIFIC MORTGAGE CO INC · 2022-10-06
1 satisfied mortgage
SATISFIED 2020-10-20
$300,000
AP BLUE OCEAN LLC
Est. Total Balance $570,305
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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