4391 COLLINS AVE 623, Miami Beach, FL 33140

Parcel: 0232230262850 · Hotel Or Motel · Condominium · Zoning: 4100

Assessed Value (2025)
$935,440

Property Details

Living Sqft
1,063
Year Built
2008
HOTEL OR MOTEL : CONDOMINIUM

Sales History

1
$1,060,000
2021-03-15
WILLIAM GORDON &WSORRENTO BLUE 623 LLC
2
$1,200,000+13%
2023-05-05
SORRENTO BLUE 623 LLCCHEAP LOTS LLC
3
$1,200,000
2023-05-17
4
$1,365,000+14%
2025-10-10
CHEAP LOTS LLCFB2 LLC
5
$1,365,000
2025-11-26

Tax Assessment History

$935,440
Assessed (2025)
$935,440
Market Value
$935,440
Taxable Value
$19,045
Annual Tax
2024
$855,715
2025
$935,440
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $935,440 $935,440 $935,440 $19,045
2024 $855,715 $855,715 $855,715 $17,422

About 4391 COLLINS AVE 623, Miami Beach, FL 33140

4391 COLLINS AVE 623, Miami Beach, FL 33140 is a hotel or motel : condominium built in 2008 with 1,063 square feet of living space. The property is currently owned by FB2 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 2025-11-26 for $1,365,000. There are 5 recorded sales for this property. The 2025 assessed value is $935,440 with a market value of $935,440.

The assessed value increased 9% from $855,715 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. There are active mortgage liens totaling $1,017,811 recorded against this property.

4391 COLLINS AVE 623, 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 2021 to 2025, with 5 recorded transactions in the public record.

The current assessed value represents 69% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $1284 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

FB2 LLC
1 VILLAGE GREEN WAY 341, PATCHOGUE, NY, 11772
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$6,012 — $10,154
Flood $400 — $800
Property/Wind $5,612 — $9,354

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 →

Mortgages

ACTIVE
$1,023,750
~$1,017,811 bal.
HOMETOWN EQUITY MORTGAGE LLC · 2025-11-26
Est. Total Balance $1,017,811
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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