2642 COLLINS AVE 305, Miami Beach, FL 33140

Parcel: 0232260460180 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$387,224

Property Details

Beds
2
Baths
2
Living Sqft
1,060
Year Built
1998
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$147,000
2000-04-01
2
$296,000+101%
2018-01-09
COSTAS MICHAEL TAKKAS TOMAS JACKSON
3
$334,000+13%
2020-12-03
TOMAS JACKSONMUTHU MARAN

Tax Assessment History

$387,224
Assessed (2025)
$432,028
Market Value
$387,224
Taxable Value
$7,884
Annual Tax
2024
$352,022
$400,026
2025
$387,224
$432,028
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $387,224 $432,028 $387,224 $7,884
2024 $352,022 $400,026 $352,022 $7,167

About 2642 COLLINS AVE 305, Miami Beach, FL 33140

2642 COLLINS AVE 305, Miami Beach, FL 33140 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1998 with 1,060 square feet of living space. The property is currently owned by MUTHU MARAN SHANTI MARAN, 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 2020-12-03 for $334,000, when TOMAS JACKSON sold to MUTHU MARAN. The property has appreciated $38,000 (13%) since the prior sale of $296,000 on 2018-01-09. There are 3 recorded sales for this property.

The 2025 assessed value is $387,224 with a market value of $432,028. The assessed value increased 10% from $352,022 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 $218,705 recorded against this property. 2642 COLLINS AVE 305, 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 2000 to 2020, with 3 recorded transactions in the public record. The current assessed value represents 116% of the most recent sale price. Based on the most recent sale, this property traded at $315 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

MUTHU MARAN SHANTI MARAN
4467 W WHITEWATER AVE, WESTON, FL, 33332
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,497 — $6,221
Flood $400 — $800
Property/Wind $3,097 — $5,421

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
$233,800
~$218,705 bal.
HIGHLANDS RESIDENTIAL MORTGAGE LTD · 2021-01-06
Est. Total Balance $218,705
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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