624 COLLINS AVE, Miami Beach, FL 33139
Parcel: 0242030040770 · Store · Retail Outlet · Zoning: 6501
Property Details
Sales History
Tax Assessment History
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $3,501,000 | $3,501,000 | $3,501,000 | $71,278 | $3,500,000 | $1,000 |
| 2024 | $5,278,000 | $5,278,000 | $5,278,000 | $107,456 | $3,500,000 | $1,778,000 |
About 624 COLLINS AVE, Miami Beach, FL 33139
624 COLLINS AVE, Miami Beach, FL 33139 is a store : retail outlet built in 1922 with 8,648 square feet of living space on a 7,000 square foot lot. The property is currently owned by 624 COLLINS AVE 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 2023-07-19 for $6,000,000. There are 5 recorded sales for this property. The 2025 assessed value is $3,501,000 with a market value of $3,501,000.
This breaks down to $3,500,000 for the land and $1,000 for the building. The assessed value decreased 34% from $5,278,000 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 $50,453, and the median home value is $285,000. The population density is 20,903 people per square mile.
624 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 2022 to 2023, with 5 recorded transactions in the public record.
The current assessed value represents 58% 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 $694 per square foot — a key metric for comparing value across Miami Beach's real estate market..
Current Owner
Flood Zone
Est. Annual Insurance
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.