2401 COLLINS AVE 405, Miami Beach, FL 33140

Parcel: 0232260140610 · Residential · Condominium - Residential · Zoning: 6000

Assessed Value (2025)
$525,024

Property Details

Beds
1
Baths
2
Living Sqft
1,121
Year Built
1980
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
N/Anon-market transfer
2007-08-01
2
$295,000
2008-06-01
3
$399,900+36%
2012-05-02
PAUL RODTS PALENIK &ERIC S KATZ

Tax Assessment History

$525,024
Assessed (2025)
$563,208
Market Value
$525,024
Taxable Value
$10,689
Annual Tax
2024
$477,295
2025
$525,024
$563,208
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $525,024 $563,208 $525,024 $10,689
2024 $477,295 $477,295 $477,295 $9,717

About 2401 COLLINS AVE 405, Miami Beach, FL 33140

2401 COLLINS AVE 405, Miami Beach, FL 33140 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1980 with 1,121 square feet of living space. The property is currently owned by ERIC S KATZ RANDI B KATZ, 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 2012-05-02 for $399,900, when PAUL RODTS PALENIK & sold to ERIC S KATZ. The property has appreciated $104,900 (36%) since the prior sale of $295,000 on 2008-06-01. There are 3 recorded sales for this property.

The 2025 assessed value is $525,024 with a market value of $563,208. The assessed value increased 10% from $477,295 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 $211,757 recorded against this property. 2401 COLLINS AVE 405, 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 2007 to 2012, with 3 recorded transactions in the public record. The current assessed value represents 131% 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 $357 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ERIC S KATZ RANDI B KATZ
6330 NW 24 AVE, BOCA RATON, FL, 33496
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,650 — $10,250
Flood $400 — $800
Property/Wind $5,250 — $9,450

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
$225,800
~$211,757 bal.
AMERISAVE MORTGAGE CORP · 2021-04-06
Est. Total Balance $211,757
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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