5151 COLLINS AVE 628, Miami Beach, FL 33140
Parcel: 0232140243700 · Residential · Condominium - Residential · Zoning: 4100
Assessed Value (2025)
$516,410
Property Details
Beds
2
Baths
2
Living Sqft
1,040
Year Built
1966
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
N/Anon-market transfer
1999-07-01
2
$245,000
2003-11-01
3
$100non-market transfer
2016-09-28
MICHAEL SARREL &W MELODY → MICHAEL SARREL
Tax Assessment History
$516,410
Assessed (2025)
$516,410
Market Value
$465,688
Taxable Value
$9,481
Annual Tax
2024
$422,974
$516,410
2025
$516,410
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $516,410 | $516,410 | $465,688 | $9,481 | $0 | $0 |
| 2024 | $422,974 | $516,410 | $422,974 | $8,611 | $0 | $0 |
About 5151 COLLINS AVE 628, Miami Beach, FL 33140
5151 COLLINS AVE 628, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1966 with 1,040 square feet of living space. The property is currently owned by MICHAEL SARREL MELODY SARREL, 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 2016-09-28 for $100, when MICHAEL SARREL &W MELODY sold to MICHAEL SARREL. The property sold for $244,900 less than the prior sale of $245,000 on 2003-11-01. There are 3 recorded sales for this property.
The 2025 assessed value is $516,410 with a market value of $516,410. The assessed value increased 22% from $422,974 in 2024. The property has the following tax exemptions: homestead.
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. 5151 COLLINS AVE 628, 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 1999 to 2016, with 3 recorded transactions in the public record..
Current Owner
MICHAEL SARREL MELODY SARREL
5151 COLLINS AVE 628, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →
Est. Annual Insurance
$6,596 — $12,161
Flood $400 — $800
Property/Wind $6,196 — $11,361
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
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