5959 COLLINS AVE 1607, Miami Beach, FL 33140

Parcel: 0232140300940 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$3,694,256

Property Details

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

Sales History

1
$1,376,000
2005-12-01
2
$3,350,000+143%
2013-09-09
NOBLE BATH CLUB ENTERPRISES INCSCOTT KILLOH
3
$3,700,000+10%
2021-03-26
SCOTT KILLOHURI AND BETH SHABTO

Tax Assessment History

$3,694,256
Assessed (2025)
$3,694,256
Market Value
$3,694,256
Taxable Value
$75,212
Annual Tax
2024
$3,537,834
$3,694,256
2025
$3,694,256
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $3,694,256 $3,694,256 $3,694,256 $75,212
2024 $3,537,834 $3,694,256 $3,537,834 $72,027

About 5959 COLLINS AVE 1607, Miami Beach, FL 33140

5959 COLLINS AVE 1607, 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 URI AND BETH SHABTO FAMILY PARTNERSHIP L P, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-03-26 for $3,700,000, when SCOTT KILLOH sold to URI AND BETH SHABTO . The property has appreciated $350,000 (10%) since the prior sale of $3,350,000 on 2013-09-09. There are 3 recorded sales for this property.

The 2025 assessed value is $3,694,256 with a market value of $3,694,256. The assessed value increased 4% from $3,537,834 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. There are active mortgage liens totaling $2,605,683 recorded against this property. 5959 COLLINS AVE 1607, 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 2021, with 3 recorded transactions in the public record. The current assessed value represents 100% of the most recent sale price.

Based on the most recent sale, this property traded at $1250 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

URI AND BETH SHABTO FAMILY PARTNERSHIP L P
5959 COLLINS AVE 1607, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$22,565 — $37,742
Flood $400 — $800
Property/Wind $22,165 — $36,942

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 →

Mortgages

ACTIVE
$2,775,000
~$2,605,683 bal.
PNC BANK NA · 2021-04-06
Est. Total Balance $2,605,683
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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