2642 COLLINS AVE 505, Miami Beach, FL 33140

Parcel: 0232260460200 · Residential · Condominium - Residential · Zoning: 6501

Assessed Value (2025)
$445,995

Property Details

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

Sales History

1
N/Anon-market transfer
2007-10-01
2
$100non-market transfer
2011-07-28
JORGE CACERESTHE JCM2642 FAMILY TRUST
3
$520,000
2024-03-27
THE JCM2642 FAMILY TRUSTJAVIER DIAZ VARELA
4
$520,000
2024-04-01

Tax Assessment History

$445,995
Assessed (2025)
$445,995
Market Value
$395,273
Taxable Value
$8,047
Annual Tax
2024
$350,651
$412,958
2025
$445,995
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $445,995 $445,995 $395,273 $8,047
2024 $350,651 $412,958 $350,651 $7,139

About 2642 COLLINS AVE 505, Miami Beach, FL 33140

2642 COLLINS AVE 505, 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 JAVIER DIAZ VARELA OLENA VARZAR, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2024-04-01 for $520,000. There are 4 recorded sales for this property. The 2025 assessed value is $445,995 with a market value of $445,995.

The assessed value increased 27% from $350,651 in 2024. The property has the following tax exemptions: homestead. 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 $355,649 recorded against this property. 2642 COLLINS AVE 505, 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 2024, with 4 recorded transactions in the public record. The current assessed value represents 86% of the most recent sale price. Based on the most recent sale, this property traded at $491 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

JAVIER DIAZ VARELA OLENA VARZAR
2642 COLLINS AVE 505, MIAMI BEACH, FL, 33140
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$3,967 — $7,043
Flood $400 — $800
Property/Wind $3,567 — $6,243

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
$364,000
~$355,649 bal.
TD BANK NA · 2024-04-01
Est. Total Balance $355,649
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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