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

5600 COLLINS AVE 12-Y, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1967 with 1,190 square feet of living space. The property is currently owned by SAMUEL NIEVES LE REM BIANCA NIEVES, 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 2017-07-13 for $115,000, when SAMUEL NIEVES sold to SAMUEL NIEVES LE. The property sold for $170,000 less than the prior sale of $285,000 on 2010-03-26. There are 3 recorded sales for this property.

The 2025 assessed value is $271,261 with a market value of $475,215. The assessed value increased 3% from $263,617 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 $114,460 recorded against this property.

5600 COLLINS AVE 12-Y, 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 2017, with 3 recorded transactions in the public record.

The current assessed value represents 236% 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 $97 per square foot — a key metric for comparing value across Miami Beach's real estate market..