2899 COLLINS AVE 940, Miami Beach, FL 33140

2899 COLLINS AVE 940, Miami Beach, FL 33140 is a residential - total value : condominium - residential built in 1966 with 566 square feet of living space. The property is currently owned by MARIA I TORRES EST OF, recorded as of 2026-06-21. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 1987-03-01 for $32,500. The 2025 assessed value is $95,250 with a market value of $181,158. The assessed value increased 3% from $92,566 in 2024.

The property has the following tax exemptions: homestead. 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 $47,837, and the median home value is $395,500. The population density is 15,176 people per square mile. There are active mortgage liens totaling $5,355 recorded against this property.

2899 COLLINS AVE 940, 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 current assessed value represents 293% 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 $57 per square foot — a key metric for comparing value across Miami Beach's real estate market..