5151 COLLINS AVE 1621, Miami Beach, FL 33140

Parcel: 0232140242890 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$617,368

Property Details

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

Sales History

1
N/Anon-market transfer
2005-05-01
2
$595,000
2014-10-08
SEACOAST EAST 1621 INC1621 SEACOAST LLC
3
$830,000+39%
2022-11-03
1621 SEACOAST LLCGEIZA VARGAS VARGAS
4
$830,000
2022-11-07

Tax Assessment History

$617,368
Assessed (2025)
$617,368
Market Value
$617,368
Taxable Value
$12,569
Annual Tax
2024
$771,710
2025
$617,368
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $617,368 $617,368 $617,368 $12,569
2024 $771,710 $771,710 $771,710 $15,711

About 5151 COLLINS AVE 1621, Miami Beach, FL 33140

5151 COLLINS AVE 1621, 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 GEIZA VARGAS VARGAS, 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 2022-11-07 for $830,000. There are 4 recorded sales for this property. The 2025 assessed value is $617,368 with a market value of $617,368.

The assessed value decreased 20% from $771,710 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 $636,787 recorded against this property. 5151 COLLINS AVE 1621, 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 2005 to 2022, with 4 recorded transactions in the public record. The current assessed value represents 74% of the most recent sale price. Based on the most recent sale, this property traded at $806 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

GEIZA VARGAS VARGAS
5151 COLLINS AVE 1621, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$7,808 — $14,382
Flood $400 — $800
Property/Wind $7,408 — $13,582

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
$664,000
~$636,787 bal.
UNITED WHOLESALE MORTGAGE · 2022-11-07
Est. Total Balance $636,787
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
Zoom in to see property sales