2625 COLLINS AVE 209, Miami Beach, FL 33140

Parcel: 0232260131370 · Residential · Condominium - Residential · Zoning: 6000

Assessed Value (2025)
$316,714

Property Details

Beds
1
Baths
1.5
Living Sqft
1,075
Year Built
1980
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$100non-market transfer
2019-05-24
JUAN R GALVAN TRSJUAN R GALVAN
2
$300,000
2021-12-17
JUAN R GALVAN CARLOS ALEJANDRO VELEZ
3
$300,000
2021-12-29
4
$111,700-63%
2026-02-24
CARLOS ALEJANDRO VELEZCARLOS ALEJANDRO VELEZ
5
$111,700
2026-03-02

Tax Assessment History

$316,714
Assessed (2025)
$316,714
Market Value
$316,714
Taxable Value
$6,448
Annual Tax
2024
$295,994
2025
$316,714
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $316,714 $316,714 $316,714 $6,448
2024 $295,994 $295,994 $295,994 $6,026

About 2625 COLLINS AVE 209, Miami Beach, FL 33140

2625 COLLINS AVE 209, Miami Beach, FL 33140 is a 1-bedroom, 1.5-bathroom residential - total value : condominium - residential built in 1980 with 1,075 square feet of living space. The property is currently owned by CARLOS ALEJANDRO VELEZ, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2026-03-02 for $111,700. There are 5 recorded sales for this property. The 2025 assessed value is $316,714 with a market value of $316,714.

The assessed value increased 7% from $295,994 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 $-666,666,666, and the median home value is $487,600. The population density is 12,994 people per square mile. There are active mortgage liens totaling $227,369 recorded against this property.

2625 COLLINS AVE 209, 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 2019 to 2026, with 5 recorded transactions in the public record.

The current assessed value represents 284% 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 $104 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

CARLOS ALEJANDRO VELEZ
2625 COLLINS AVE 209, MIAMI BEACH, FL, 33140
Since: 2026-03-29
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,567 — $6,500
Flood $400 — $800
Property/Wind $3,167 — $5,700

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$-666,666,666
Median Home Value$487,600
Pop. Density12,994/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
$239,999
~$227,369 bal.
EVERETT FINANCIAL INC · 2021-12-29
Est. Total Balance $227,369
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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