5161 COLLINS AVE 1515, Miami Beach, FL 33140

Parcel: 0232140242070 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$730,640

Property Details

Beds
2
Baths
2
Living Sqft
1,030
Year Built
1966
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$260,000
1997-10-01
2
$699,900+169%
2020-08-18
MARTHA ELENA GUTIERREZCARLOS M MACHADO

Tax Assessment History

$730,640
Assessed (2025)
$730,640
Market Value
$730,640
Taxable Value
$14,875
Annual Tax
2024
$760,223
$913,300
2025
$730,640
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $730,640 $730,640 $730,640 $14,875
2024 $760,223 $913,300 $760,223 $15,478

About 5161 COLLINS AVE 1515, Miami Beach, FL 33140

5161 COLLINS AVE 1515, 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 CARLOS M MACHADO MARIA P MACHADO, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2020-08-18 for $699,900, when MARTHA ELENA GUTIERREZ sold to CARLOS M MACHADO . The property has appreciated $439,900 (169%) since the prior sale of $260,000 on 1997-10-01. The 2025 assessed value is $730,640 with a market value of $730,640.

The assessed value decreased 4% from $760,223 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 1515, 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 1997 to 2020, with 2 recorded transactions in the public record.

The current assessed value represents 104% of the most recent sale price. Based on the most recent sale, this property traded at $680 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

CARLOS M MACHADO MARIA P MACHADO
6401 RIVIERA DR, CORAL GABLES, FL, 33146
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$9,167 — $16,874
Flood $400 — $800
Property/Wind $8,767 — $16,074

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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