5959 COLLINS AVE 1201, Miami Beach, FL 33140

5959 COLLINS AVE 1201, Miami Beach, FL 33140 is a 2-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 2005 with 2,059 square feet of living space. The property is currently owned by BELLA MAR INVESTMENTS LLC, recorded as of 2026-05-31. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-04-23 for $2,700,000, when 5959 COLLINS LLC sold to BELLA MAR INVESTMENTS LLC. The property has appreciated $1,200,000 (80%) since the prior sale of $1,500,000 on 2021-03-16. There are 4 recorded sales for this property.

The 2025 assessed value is $1,605,030 with a market value of $1,605,030. The assessed value increased 10% from $1,460,218 in 2024. The median household income in this area is $104,453, and the median home value is $721,300.

The population density is 22,511 people per square mile. 5959 COLLINS AVE 1201, 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 2012 to 2026, with 4 recorded transactions in the public record. The current assessed value represents 59% 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 $1311 per square foot — a key metric for comparing value across Miami Beach's real estate market..