5959 COLLINS AVE 1907, Miami Beach, FL 33140

Parcel: 0232140300970 · Residential · Condominium - Residential · Zoning: 4000

Assessed Value (2025)
$2,609,643

Property Details

Beds
4
Baths
5.5
Living Sqft
4,863
Year Built
2005
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$3,600,000
2005-01-01

Tax Assessment History

$2,609,643
Assessed (2025)
$5,491,000
Market Value
$2,558,921
Taxable Value
$52,098
Annual Tax
2024
$2,536,097
$5,491,000
2025
$2,609,643
$5,491,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,609,643 $5,491,000 $2,558,921 $52,098
2024 $2,536,097 $5,491,000 $2,486,097 $50,615

About 5959 COLLINS AVE 1907, Miami Beach, FL 33140

5959 COLLINS AVE 1907, Miami Beach, FL 33140 is a 4-bedroom, 5.5-bathroom residential - total value : condominium - residential built in 2005 with 4,863 square feet of living space. The property is currently owned by MARK REICHENBAUM RES TRS CHRISTINE REICHENBAUM RES TRS, 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 2005-01-01 for $3,600,000. The 2025 assessed value is $2,609,643 with a market value of $5,491,000. The assessed value increased 3% from $2,536,097 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.

There are active mortgage liens totaling $2,341,594 recorded against this property. 5959 COLLINS AVE 1907, 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 current assessed value represents 72% of the most recent sale price. Based on the most recent sale, this property traded at $740 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MARK REICHENBAUM RES TRS CHRISTINE REICHENBAUM RES TRS
5959 COLLIONS AVE #1907, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$16,057 — $26,896
Flood $400 — $800
Property/Wind $15,657 — $26,096

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
$2,540,000
~$2,341,594 bal.
BANK OF AMERICA NA · 2020-03-16
Est. Total Balance $2,341,594
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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