5959 COLLINS AVE 707, Miami Beach, FL 33140

Parcel: 0232140300860 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$2,185,863

Property Details

Beds
2
Baths
3.5
Living Sqft
2,959
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$1,325,000
2005-11-01
2
$1,600,000+21%
2012-11-01
HARVEY ROTHSTEIN &W WENDYDAN COHEN
3
$3,620,000+126%
2025-04-14
DAN COHENALE REAL ESTATE LLC
4
$3,620,000
2025-04-22

Tax Assessment History

$2,185,863
Assessed (2025)
$3,651,249
Market Value
$2,135,141
Taxable Value
$43,470
Annual Tax
2024
$2,124,260
$3,651,249
2025
$2,185,863
$3,651,249
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,185,863 $3,651,249 $2,135,141 $43,470
2024 $2,124,260 $3,651,249 $2,074,260 $42,230

About 5959 COLLINS AVE 707, Miami Beach, FL 33140

5959 COLLINS AVE 707, Miami Beach, FL 33140 is a 2-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 2005 with 2,959 square feet of living space. The property is currently owned by ALE REAL ESTATE LLC, 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 2025-04-22 for $3,620,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,185,863 with a market value of $3,651,249.

The assessed value increased 3% from $2,124,260 in 2024. The property has the following tax exemptions: homestead. 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 707, 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 2025, with 4 recorded transactions in the public record. The current assessed value represents 60% 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 $1223 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ALE REAL ESTATE LLC
850 OCEAN DRIVE STE 203, MIAMI BEACH, FL, 33139
Since: 2026-03-29
View owner profile →

People Behind This Entity

Est. Annual Insurance

$13,515 — $22,658
Flood $400 — $800
Property/Wind $13,115 — $21,858

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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