4391 COLLINS AVE 1602, Miami Beach, FL 33140

4391 COLLINS AVE 1602, Miami Beach, FL 33140 is a hotel or motel : condominium built in 2008 with 544 square feet of living space. The property is currently owned by NELSON VELASQUEZ CATHERINE ABREU, 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 2013-03-19 for $495,000, when CHASE HOME FINANCE LLC sold to NELSON VELASQUEZ. The property has appreciated $249,900 (102%) since the prior sale of $245,100 on 2010-08-12. There are 3 recorded sales for this property.

The 2025 assessed value is $720,113 with a market value of $816,000. The assessed value increased 10% from $654,649 in 2024. This property is located in FEMA Flood Zone AE, a Special Flood Hazard Area with a 1% annual chance of flooding (100-year floodplain).

Flood insurance is typically required by lenders for properties in this zone. The median household income in this area is $153,229, and the median home value is $1,162,800. The population density is 4,659 people per square mile.

4391 COLLINS AVE 1602, 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 2008 to 2013, with 3 recorded transactions in the public record.

The current assessed value represents 145% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal. Based on the most recent sale, this property traded at $910 per square foot — a key metric for comparing value across Miami Beach's real estate market..