5875 COLLINS AVE 502, Miami Beach, FL 33140
Parcel: 0232140310220 · Residential · Condominium - Residential · Zoning: 4100
Assessed Value (2025)
$2,698,314
Property Details
Beds
3
Baths
3.5
Living Sqft
1,725
Year Built
2008
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$1,140,000
2010-01-29
PMG COLLINS LLC → PHIL INVESTMENT GROUP LLC
2
$2,500,000+119%
2015-02-12
PHIL INVESTMENT GROUP LLC → WILLIAM ISAIAS
3
$2,325,000-7%
2024-09-23
WILLIAM ISAIAS → WIA COLLINS APARTMENT 502 LLC
4
$2,325,000
2024-10-09
Tax Assessment History
$2,698,314
Assessed (2025)
$2,698,314
Market Value
$2,698,314
Taxable Value
$54,936
Annual Tax
2024
$1,890,412
$2,781,767
2025
$2,698,314
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $2,698,314 | $2,698,314 | $2,698,314 | $54,936 | $0 | $0 |
| 2024 | $1,890,412 | $2,781,767 | $1,890,412 | $38,487 | $0 | $0 |
About 5875 COLLINS AVE 502, Miami Beach, FL 33140
5875 COLLINS AVE 502, Miami Beach, FL 33140 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 2008 with 1,725 square feet of living space. The property is currently owned by WIA COLLINS APARTMENT 502 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 2024-10-09 for $2,325,000. There are 4 recorded sales for this property. The 2025 assessed value is $2,698,314 with a market value of $2,698,314.
The assessed value increased 43% from $1,890,412 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.
5875 COLLINS AVE 502, 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 2024, with 4 recorded transactions in the public record.
The current assessed value represents 116% of the most recent sale price. Based on the most recent sale, this property traded at $1348 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Current Owner
WIA COLLINS APARTMENT 502 LLC
1728 CORAL WAY 800, MIAMI, FL, 33145
Since: 2026-03-29
View owner profile →
Est. Annual Insurance
$16,589 — $27,783
Flood $400 — $800
Property/Wind $16,189 — $26,983
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
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