2555 COLLINS AVE 702, Miami Beach, FL 33140

Parcel: 0232260210720 · Residential · Condominium - Residential · Zoning: 6000

Assessed Value (2025)
$545,036

Property Details

Beds
2
Baths
2
Living Sqft
1,005
Year Built
1982
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$290,000
2003-12-01
2
$480,000+66%
2006-03-01
3
$292,000-39%
2011-09-16
ELENA BONELLIROYAL COLLINS 25 INC

Tax Assessment History

$545,036
Assessed (2025)
$545,036
Market Value
$545,036
Taxable Value
$11,096
Annual Tax
2024
$498,670
$545,036
2025
$545,036
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $545,036 $545,036 $545,036 $11,096
2024 $498,670 $545,036 $498,670 $10,153

About 2555 COLLINS AVE 702, Miami Beach, FL 33140

2555 COLLINS AVE 702, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1982 with 1,005 square feet of living space. The property is currently owned by ROYAL COLLINS 25 INC, 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 2011-09-16 for $292,000, when ELENA BONELLI sold to ROYAL COLLINS 25 INC. The property sold for $188,000 less than the prior sale of $480,000 on 2006-03-01. There are 3 recorded sales for this property.

The 2025 assessed value is $545,036 with a market value of $545,036. The assessed value increased 9% from $498,670 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.

2555 COLLINS AVE 702, 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 2003 to 2011, with 3 recorded transactions in the public record.

The current assessed value represents 187% 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 $291 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

ROYAL COLLINS 25 INC
150 SE 2 AVE STE 1010, MIAMI, FL, 33131
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$5,850 — $10,610
Flood $400 — $800
Property/Wind $5,450 — $9,810

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 →
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