4391 COLLINS AVE 407, Miami Beach, FL 33140

Parcel: 0232230260980 · Hotel Or Motel · Condominium · Zoning: 4100

Assessed Value (2025)
$903,278

Property Details

Living Sqft
958
Year Built
2008
HOTEL OR MOTEL : CONDOMINIUM

Sales History

1
$139,000
2008-06-12
MARK MENDELSONFRANK ROSENTHAL &
2
$600,000+332%
2009-01-17
FRANK ROSENTHAL &ORTEGA SRL
3
$910,000+52%
2014-06-19
ORTEGA SRL936 SOURCE REALTY LLC

Tax Assessment History

$903,278
Assessed (2025)
$1,051,884
Market Value
$903,278
Taxable Value
$18,390
Annual Tax
2024
$821,162
$1,168,760
2025
$903,278
$1,051,884
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $903,278 $1,051,884 $903,278 $18,390
2024 $821,162 $1,168,760 $821,162 $16,718

About 4391 COLLINS AVE 407, Miami Beach, FL 33140

4391 COLLINS AVE 407, Miami Beach, FL 33140 is a hotel or motel : condominium built in 2008 with 958 square feet of living space. The property is currently owned by 936 SOURCE REALTY 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 2014-06-19 for $910,000, when ORTEGA SRL sold to 936 SOURCE REALTY LLC. The property has appreciated $310,000 (52%) since the prior sale of $600,000 on 2009-01-17. There are 3 recorded sales for this property.

The 2025 assessed value is $903,278 with a market value of $1,051,884. The assessed value increased 10% from $821,162 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 407, 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 2014, with 3 recorded transactions in the public record.

The current assessed value represents 99% of the most recent sale price. Based on the most recent sale, this property traded at $950 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

936 SOURCE REALTY LLC
377 PARK AVE SOUTH 3 FLOOR, NEW YORK, NY, 10016
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,819 — $9,832
Flood $400 — $800
Property/Wind $5,419 — $9,032

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$153,229
Median Home Value$1,162,800
Pop. Density4,659/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 →
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