2401 COLLINS AVE 406, Miami Beach, FL 33140

2401 COLLINS AVE 406, Miami Beach, FL 33140 is a 1-bedroom, 2-bathroom residential - total value : condominium - residential built in 1980 with 1,368 square feet of living space. The property is currently owned by MAURICIO IDARRAGA CARLOS SANTIAGO IDARRAGA, 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 2019-10-18 for $438,000, when MICHAEL A PHILLIPS sold to MAURICIO IDARRAGA. The property has appreciated $88,000 (25%) since the prior sale of $350,000 on 2014-09-16. There are 3 recorded sales for this property.

The 2025 assessed value is $555,625 with a market value of $608,591. The assessed value increased 10% from $505,114 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.

2401 COLLINS AVE 406, 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 1988 to 2019, with 3 recorded transactions in the public record.

The current assessed value represents 127% 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 $320 per square foot — a key metric for comparing value across Miami Beach's real estate market..