5151 COLLINS AVE 1028, Miami Beach, FL 33140

Parcel: 0232140243740 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$302,797

Property Details

Beds
2
Baths
2
Living Sqft
1,040
Year Built
1966
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2016-12-27
OSCAR G HEREDIAMARTIN M MARCOS
2
$168,000
2026-01-16
MARTIN M MARCOSMARTIN M MARCOS

Tax Assessment History

$302,797
Assessed (2025)
$541,380
Market Value
$252,075
Taxable Value
$5,132
Annual Tax
2024
$294,264
$541,380
2025
$302,797
$541,380
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $302,797 $541,380 $252,075 $5,132
2024 $294,264 $541,380 $244,264 $4,973

About 5151 COLLINS AVE 1028, Miami Beach, FL 33140

5151 COLLINS AVE 1028, 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 MARTIN M MARCOS MARCELA F MARCOS, 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 2026-01-16 for $168,000, when MARTIN M MARCOS sold to MARTIN M MARCOS . The property has appreciated $167,900 (167900%) since the prior sale of $100 on 2016-12-27. The 2025 assessed value is $302,797 with a market value of $541,380.

The assessed value increased 3% from $294,264 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. There are active mortgage liens totaling $40,185 recorded against this property. 5151 COLLINS AVE 1028, 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 2016 to 2026, with 2 recorded transactions in the public record. The current assessed value represents 180% 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 $162 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MARTIN M MARCOS MARCELA F MARCOS
5151 COLLINS AVE 1028, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,033 — $7,461
Flood $400 — $800
Property/Wind $3,633 — $6,661

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
$40,185
MIAMI DADE PUBLIC HOUSING & COMMUNITY DEVELOPMENT · 2025-03-06
Est. Total Balance $40,185
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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