5900 COLLINS AVE 1508, Miami Beach, FL 33140

Parcel: 0232140261210 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$673,786

Property Details

Beds
3
Baths
2
Living Sqft
1,390
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2005-03-01
2
$720,000
2006-11-01
3
$300,000-58%
2009-10-01
VANESSA GROUTFOUR TOWERS NO 16 LLC

Tax Assessment History

$673,786
Assessed (2025)
$684,145
Market Value
$673,786
Taxable Value
$13,718
Annual Tax
2024
$612,533
$684,145
2025
$673,786
$684,145
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $673,786 $684,145 $673,786 $13,718
2024 $612,533 $684,145 $612,533 $12,471

About 5900 COLLINS AVE 1508, Miami Beach, FL 33140

5900 COLLINS AVE 1508, Miami Beach, FL 33140 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 1998 with 1,390 square feet of living space. The property is currently owned by FOUR TOWERS NO 16 LLC, 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 2009-10-01 for $300,000, when VANESSA GROUT sold to FOUR TOWERS NO 16 LLC. The property sold for $420,000 less than the prior sale of $720,000 on 2006-11-01. There are 3 recorded sales for this property.

The 2025 assessed value is $673,786 with a market value of $684,145. The assessed value increased 10% from $612,533 in 2024. The median household income in this area is $97,167, and the median home value is $577,400.

The population density is 25,325 people per square mile. 5900 COLLINS AVE 1508, 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 2009, with 3 recorded transactions in the public record. The current assessed value represents 225% 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 $216 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

FOUR TOWERS NO 16 LLC
5900 COLLINS AVE #1508, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$5,790 — $10,233
Flood $400 — $800
Property/Wind $5,390 — $9,433

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$97,167
Median Home Value$577,400
Pop. Density25,325/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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