5600 COLLINS AVE 12-T, Miami Beach, FL 33140

Parcel: 0232140272280 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$323,943

Property Details

Beds
2
Baths
2
Living Sqft
1,660
Year Built
1967
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$291,800
2003-02-01
2
$467,500+60%
2005-04-01
3
$475,000+2%
2014-09-22
INGRID C RAADWILLIAM DANIEL ALVAREZ

Tax Assessment History

$323,943
Assessed (2025)
$535,860
Market Value
$273,221
Taxable Value
$5,563
Annual Tax
2024
$314,814
$446,550
2025
$323,943
$535,860
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $323,943 $535,860 $273,221 $5,563
2024 $314,814 $446,550 $264,814 $5,391

About 5600 COLLINS AVE 12-T, Miami Beach, FL 33140

5600 COLLINS AVE 12-T, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1967 with 1,660 square feet of living space. The property is currently owned by WILLIAM DANIEL ALVAREZ HOLLY HENNINGSON, 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 2014-09-22 for $475,000, when INGRID C RAAD sold to WILLIAM DANIEL ALVAREZ. The property has appreciated $7,500 (2%) since the prior sale of $467,500 on 2005-04-01. There are 3 recorded sales for this property.

The 2025 assessed value is $323,943 with a market value of $535,860. The assessed value increased 3% from $314,814 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. There are active mortgage liens totaling $333,865 recorded against this property.

5600 COLLINS AVE 12-T, 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 2003 to 2014, with 3 recorded transactions in the public record.

The current assessed value represents 68% 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 $286 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

WILLIAM DANIEL ALVAREZ HOLLY HENNINGSON
5600 COLLINS AVE #12-T, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$4,287 — $7,926
Flood $400 — $800
Property/Wind $3,887 — $7,126

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 →

Mortgages

ACTIVE
$351,300
~$333,865 bal.
BANK OF AMERICA NA · 2022-02-03
Est. Total Balance $333,865
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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