1418 COLLINS AVE 501, Miami Beach, FL 33139

1418 COLLINS AVE 501, Miami Beach, FL 33139 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 1981 with 933 square feet of living space. The property is currently owned by FELIX C SOTOLONGO & MAYRA SOTOLONGO, 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 1988-12-01 for $54,500. The property sold for $25,500 less than the prior sale of $80,000 on 1981-04-01. The 2025 assessed value is $114,714 with a market value of $349,740.

The assessed value increased 3% from $111,482 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 $50,945, and the median home value is $284,100. The population density is 16,037 people per square mile.

1418 COLLINS AVE 501, 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 1981 to 1988, with 2 recorded transactions in the public record.

The current assessed value represents 210% 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 $58 per square foot — a key metric for comparing value across Miami Beach's real estate market..