5600 COLLINS AVE 5-L, Miami Beach, FL 33140

Parcel: 0232140271430 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$178,236

Property Details

Beds
1
Baths
1
Living Sqft
930
Year Built
1967
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$235,000
2002-12-01
2
$310,000+32%
2014-09-09
FELIX F LAHMANNFORCE REAL ESTATE INVESTMENTS
3
$350,000+13%
2015-03-19
FORCE REAL ESTATE INVESTMENTSMARY RUSSELL
4
$455,000+30%
2026-03-25
MARY RUSSELL1352MIAMI LLC

Tax Assessment History

$178,236
Assessed (2025)
$297,914
Market Value
$127,514
Taxable Value
$2,596
Annual Tax
2024
$173,213
$307,128
2025
$178,236
$297,914
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $178,236 $297,914 $127,514 $2,596
2024 $173,213 $307,128 $123,213 $2,509

About 5600 COLLINS AVE 5-L, Miami Beach, FL 33140

5600 COLLINS AVE 5-L, Miami Beach, FL 33140 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 1967 with 930 square feet of living space. The property is currently owned by 1352MIAMI LLC, recorded as of 2026-04-15. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-03-25 for $455,000, when MARY RUSSELL sold to 1352MIAMI LLC. The property has appreciated $105,000 (30%) since the prior sale of $350,000 on 2015-03-19. There are 4 recorded sales for this property.

The 2025 assessed value is $178,236 with a market value of $297,914. The assessed value increased 3% from $173,213 in 2024. The property has the following tax exemptions: homestead.

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. 5600 COLLINS AVE 5-L, 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 2002 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 39% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $489 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

1352MIAMI LLC
215 E BEECH ST, LONG BEACH, NY, 11561
Since: 2026-04-15
View owner profile →

People Behind This Entity

Registered Agent: THE ROTBART LAW GROUP, P.A.
View on Sunbiz →

Est. Annual Insurance

$2,538 — $4,721
Flood $400 — $800
Property/Wind $2,138 — $3,921

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 →
Zoom in to see property sales