5959 COLLINS AVE 603, Miami Beach, FL 33140

Parcel: 0232140300290 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$2,604,047

Property Details

Beds
3
Baths
4.5
Living Sqft
3,640
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,650,000
2005-11-01
2
N/Anon-market transfer
2008-07-01
3
$1,380,000
2009-05-15
IVETTE L ARANGOGRASS LIMITED PARTNERSHIP

Tax Assessment History

$2,604,047
Assessed (2025)
$4,087,226
Market Value
$2,604,047
Taxable Value
$53,016
Annual Tax
2024
$2,367,316
$4,087,226
2025
$2,604,047
$4,087,226
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,604,047 $4,087,226 $2,604,047 $53,016
2024 $2,367,316 $4,087,226 $2,367,316 $48,197

About 5959 COLLINS AVE 603, Miami Beach, FL 33140

5959 COLLINS AVE 603, Miami Beach, FL 33140 is a 3-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 2005 with 3,640 square feet of living space. The property is currently owned by GRASS LIMITED PARTNERSHIP, 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 2009-05-15 for $1,380,000, when IVETTE L ARANGO sold to GRASS LIMITED PARTNERSHIP. There are 3 recorded sales for this property. The 2025 assessed value is $2,604,047 with a market value of $4,087,226.

The assessed value increased 10% from $2,367,316 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 603, 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 2009, with 3 recorded transactions in the public record.

The current assessed value represents 189% 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 $379 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

GRASS LIMITED PARTNERSHIP
600 DE MAISONNEUVE BLVD W #2600, MONTREAL H3A 3J2
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$16,024 — $26,840
Flood $400 — $800
Property/Wind $15,624 — $26,040

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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