1027 COLLINS AVE, Miami Beach, FL 33139

1027 COLLINS AVE, Miami Beach, FL 33139 is a leasehold interest: leasehold interest built in 2002 with 103,744 square feet of living space on a 1 square foot lot. The property is currently owned by LIPT COLLINS AVE LLC C/O LASALLE INVESTMENTS MANAGMENT, 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 2014-01-28 for $22,050,000, when PELICAN INVESTMENT HOLDINGS LLC sold to LIPT COLLINS AVE LLC. The property has appreciated $11,050,000 (100%) since the prior sale of $11,000,000 on 2010-06-27. The 2025 assessed value is $5,300,000 with a market value of $5,300,000.

The assessed value increased 4% from $5,113,728 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 $40,744, and the median home value is $396,800. The population density is 13,742 people per square mile. 1027 COLLINS AVE, Miami Beach, FL 33139 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 2010 to 2014, with 2 recorded transactions in the public record. The current assessed value represents 24% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $213 per square foot — a key metric for comparing value across Miami Beach's real estate market..