5875 COLLINS AVE 1607, Miami Beach, FL 33140

Parcel: 0232140311110 · Residential · Condominium - Residential · Zoning: 4100

Assessed Value (2025)
$1,156,895

Property Details

Beds
2
Baths
2.5
Living Sqft
1,323
Year Built
2008
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$750,000
2009-08-14
PMG COLLINS LLCHAYAT STEIN
2
$100non-market transfer
2021-04-28
HAYAT STEINHAYAT HADDAD BRANCHEAU LE
3
$1,145,000
2021-07-19
HAYAT HADDAD BRANCHEAU LELA NORA LLC

Tax Assessment History

$1,156,895
Assessed (2025)
$1,644,632
Market Value
$1,156,895
Taxable Value
$23,553
Annual Tax
2024
$1,051,723
$1,495,120
2025
$1,156,895
$1,644,632
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $1,156,895 $1,644,632 $1,156,895 $23,553
2024 $1,051,723 $1,495,120 $1,051,723 $21,412

About 5875 COLLINS AVE 1607, Miami Beach, FL 33140

5875 COLLINS AVE 1607, Miami Beach, FL 33140 is a 2-bedroom, 2.5-bathroom residential - total value : condominium - residential built in 2008 with 1,323 square feet of living space. The property is currently owned by LA NORA 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 2021-07-19 for $1,145,000, when HAYAT HADDAD BRANCHEAU LE sold to LA NORA LLC. The property has appreciated $1,144,900 (1144900%) since the prior sale of $100 on 2021-04-28. There are 3 recorded sales for this property.

The 2025 assessed value is $1,156,895 with a market value of $1,644,632. The assessed value increased 10% from $1,051,723 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 $671,661 recorded against this property. 5875 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 2009 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 101% of the most recent sale price.

Based on the most recent sale, this property traded at $865 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Est. Annual Insurance

$7,341 — $12,368
Flood $400 — $800
Property/Wind $6,941 — $11,568

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 3.95% rate
$744,000
~$671,661 bal.
BANESCO USA · 2021-07-30
Est. Total Balance $671,661
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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