5959 COLLINS AVE 2006, Miami Beach, FL 33140

Parcel: 0232140300840 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$6,141,234

Property Details

Beds
3
Baths
4.5
Living Sqft
4,135
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$4,260,000
2010-12-28
MICHAEL LERNERBC UNIT 2006 LLC
2
$6,000,000+41%
2014-06-05
BC UNIT 2006 LLCDAVID D FLANAGAN TRS
3
$10,000,000+67%
2022-04-19
DAVID D FLANAGAN TRSBART H CHEPENIK TRS

Tax Assessment History

$6,141,234
Assessed (2025)
$6,141,234
Market Value
$6,141,234
Taxable Value
$125,031
Annual Tax
2024
$6,141,234
2025
$6,141,234
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $6,141,234 $6,141,234 $6,141,234 $125,031
2024 $6,141,234 $6,141,234 $6,141,234 $125,031

About 5959 COLLINS AVE 2006, Miami Beach, FL 33140

5959 COLLINS AVE 2006, Miami Beach, FL 33140 is a 3-bedroom, 4.5-bathroom residential - total value : condominium - residential built in 2005 with 4,135 square feet of living space. The property is currently owned by BART H CHEPENIK TRS FLANNEL PANEL SERVICES TR, recorded as of 2026-04-19. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2022-04-19 for $10,000,000, when DAVID D FLANAGAN TRS sold to BART H CHEPENIK TRS . The property has appreciated $4,000,000 (67%) since the prior sale of $6,000,000 on 2014-06-05. There are 3 recorded sales for this property.

The 2025 assessed value is $6,141,234 with a market value of $6,141,234. 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 2006, 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 2010 to 2022, with 3 recorded transactions in the public record.

The current assessed value represents 61% 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 $2418 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

BART H CHEPENIK TRS FLANNEL PANEL SERVICES TR
5959 COLLINS AVE UNIT #2006, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$37,247 — $62,212
Flood $400 — $800
Property/Wind $36,847 — $61,412

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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