5959 COLLINS AVE 602, Miami Beach, FL 33140

Parcel: 0232140300150 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$2,731,570

Property Details

Beds
2
Baths
4.5
Living Sqft
2,572
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,675,000
2005-11-01
2
$1,000,000-40%
2009-05-15
JOHN M CAREYSCOTT KILLOH
3
$1,270,000+27%
2011-11-30
SCOTT KILLOHGAMA GLOBAL LIMITED

Tax Assessment History

$2,731,570
Assessed (2025)
$2,952,840
Market Value
$2,731,570
Taxable Value
$55,613
Annual Tax
2024
$2,483,246
$2,952,840
2025
$2,731,570
$2,952,840
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,731,570 $2,952,840 $2,731,570 $55,613
2024 $2,483,246 $2,952,840 $2,483,246 $50,557

About 5959 COLLINS AVE 602, Miami Beach, FL 33140

5959 COLLINS AVE 602, Miami Beach, FL 33140 is a 2-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 2005 with 2,572 square feet of living space. The property is currently owned by GAMA GLOBAL LIMITED, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2011-11-30 for $1,270,000, when SCOTT KILLOH sold to GAMA GLOBAL LIMITED. The property has appreciated $270,000 (27%) since the prior sale of $1,000,000 on 2009-05-15. There are 3 recorded sales for this property.

The 2025 assessed value is $2,731,570 with a market value of $2,952,840. The assessed value increased 10% from $2,483,246 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 602, 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 2011, with 3 recorded transactions in the public record. The current assessed value represents 215% 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 $494 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

GAMA GLOBAL LIMITED
5959 COLLINS AVE UNIT 602, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$16,789 — $28,115
Flood $400 — $800
Property/Wind $16,389 — $27,315

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$104,453
Median Home Value$721,300
Pop. Density22,511/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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