3588 COLLINS AVE 502, Miami Beach, FL 33140

Parcel: 0232260280080 · Residential · Condominium - Residential · Zoning: 8000

Assessed Value (2025)
$317,576

Property Details

Beds
2
Baths
2
Living Sqft
1,117
Year Built
1990
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$99,900
1990-08-01
2
$200,000+100%
2009-05-21
DAVID AGHBASHOFF &W NAVAR & R EST LLC

Tax Assessment History

$317,576
Assessed (2025)
$340,000
Market Value
$317,576
Taxable Value
$6,466
Annual Tax
2024
$288,706
$342,988
2025
$317,576
$340,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $317,576 $340,000 $317,576 $6,466
2024 $288,706 $342,988 $288,706 $5,878

About 3588 COLLINS AVE 502, Miami Beach, FL 33140

3588 COLLINS AVE 502, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1990 with 1,117 square feet of living space. The property is currently owned by R & R EST LLC, 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 2009-05-21 for $200,000, when DAVID AGHBASHOFF &W NAVA sold to R & R EST LLC. The property has appreciated $100,100 (100%) since the prior sale of $99,900 on 1990-08-01. The 2025 assessed value is $317,576 with a market value of $340,000.

The assessed value increased 10% from $288,706 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 $47,837, and the median home value is $395,500. The population density is 15,176 people per square mile. 3588 COLLINS AVE 502, 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 1990 to 2009, with 2 recorded transactions in the public record. The current assessed value represents 159% 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 $179 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

R & R EST LLC
1620 44 ST, BROOKLYN, NY, 11204
Since: 2026-03-29
View owner profile →

People Behind This Entity

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,575 — $6,516
Flood $400 — $800
Property/Wind $3,175 — $5,716

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$47,837
Median Home Value$395,500
Pop. Density15,176/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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