1 COLLINS AVE 503, Miami Beach, FL 33139

Parcel: 0242033710140 · Residential · Condominium - Residential · Zoning: 6502

Assessed Value (2025)
$2,199,730

Property Details

Beds
3
Baths
3.5
Living Sqft
2,659
Year Built
2016
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$3,100,000
2016-04-13
TRG BLOCK ONE LTDJEFFREY BLUM
2
$3,150,000+2%
2021-04-05
JEFFREY BLUMGARY SHEAR

Tax Assessment History

$2,199,730
Assessed (2025)
$2,947,103
Market Value
$2,149,008
Taxable Value
$43,752
Annual Tax
2024
$2,137,736
$3,168,928
2025
$2,199,730
$2,947,103
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $2,199,730 $2,947,103 $2,149,008 $43,752
2024 $2,137,736 $3,168,928 $2,087,736 $42,505

About 1 COLLINS AVE 503, Miami Beach, FL 33139

1 COLLINS AVE 503, Miami Beach, FL 33139 is a 3-bedroom, 3.5-bathroom residential - total value : condominium - residential built in 2016 with 2,659 square feet of living space. The property is currently owned by GARY SHEAR DANA SHEAR, 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 2021-04-05 for $3,150,000, when JEFFREY BLUM sold to GARY SHEAR. The property has appreciated $50,000 (2%) since the prior sale of $3,100,000 on 2016-04-13. The 2025 assessed value is $2,199,730 with a market value of $2,947,103.

The assessed value increased 3% from $2,137,736 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 $87,115, and the median home value is $2,000,001. The population density is 7,330 people per square mile.

There are active mortgage liens totaling $3,306,462 recorded against this property. 1 COLLINS AVE 503, 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 2016 to 2021, with 2 recorded transactions in the public record. The current assessed value represents 70% of the most recent sale price. Based on the most recent sale, this property traded at $1185 per square foot — a key metric for comparing value across Miami Beach's real estate market..

Current Owner

GARY SHEAR DANA SHEAR
1 COLLINS AVE 503, MIAMI BEACH, FL, 33139
Since: 2026-04-19
View owner profile →

Flood Zone

Zone AE
Special Flood Hazard Area

Est. Annual Insurance

$13,598 — $22,797
Flood $400 — $800
Property/Wind $13,198 — $21,997

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$87,115
Median Home Value$2,000,001
Pop. Density7,330/sq mi

Neighborhood 33139

20.8%
Owner-Occ
79.2%
Investor
715
Flips (4yr)
12,810
New Biz (3yr)
Distress Risk
MODERATE
31
View full risk analysis →

Mortgages

ACTIVE
$3,495,584
~$3,306,462 bal.
HSBC BANK USA · 2021-10-19
1 satisfied mortgage
SATISFIED 2021-04-19
$2,047,500
UBS BANK USA
Est. Total Balance $3,306,462
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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