5161 COLLINS AVE 716, Miami Beach, FL 33140

Parcel: 0232140242150 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$670,768

Property Details

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

Sales History

1
$235,000
1996-04-01
2
$400,000+70%
2015-09-03
ENTOURAGE VACATIONS LTD ANITA MILLER
3
$550,000+38%
2021-07-26
ANITA MILLERHAROLD SCHERTZ

Tax Assessment History

$670,768
Assessed (2025)
$670,768
Market Value
$670,768
Taxable Value
$13,656
Annual Tax
2024
$780,417
$838,460
2025
$670,768
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $670,768 $670,768 $670,768 $13,656
2024 $780,417 $838,460 $780,417 $15,889

About 5161 COLLINS AVE 716, Miami Beach, FL 33140

5161 COLLINS AVE 716, 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 HAROLD SCHERTZ BONNIE SCHERTZ, 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 2021-07-26 for $550,000, when ANITA MILLER sold to HAROLD SCHERTZ. The property has appreciated $150,000 (38%) since the prior sale of $400,000 on 2015-09-03. There are 3 recorded sales for this property.

The 2025 assessed value is $670,768 with a market value of $670,768. The assessed value decreased 14% from $780,417 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 $366,441 recorded against this property. 5161 COLLINS AVE 716, 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 2021, with 3 recorded transactions in the public record. The current assessed value represents 122% 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 $534 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

HAROLD SCHERTZ BONNIE SCHERTZ
5161 COLLINS AVE 716, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$8,449 — $15,556
Flood $400 — $800
Property/Wind $8,049 — $14,756

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
$385,000
~$366,441 bal.
CITY NATIONAL BANK OF FLORIDA · 2022-03-30
Est. Total Balance $366,441
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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