15701 COLLINS AVE 2205, Sunny Isles Beach, FL 33160

Parcel: 3122140471820 · Residential · Condominium - Residential · Zoning: 5000

Assessed Value (2025)
$5,610,000

Property Details

Beds
4
Baths
5.5
Living Sqft
3,204
Year Built
2020
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$5,100,000
2021-07-15
SUNNY ISLES PROPERTY VENTURE LLCSHEENAL PATEL
2
$7,100,000+39%
2024-09-11
SHEENAL PATELRITZMIAMI LLC
3
$7,100,000
2024-09-16

Tax Assessment History

$5,610,000
Assessed (2025)
$5,610,000
Market Value
$5,610,000
Taxable Value
$114,215
Annual Tax
2024
$4,771,357
$5,610,000
2025
$5,610,000
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $5,610,000 $5,610,000 $5,610,000 $114,215
2024 $4,771,357 $5,610,000 $4,771,357 $97,141

About 15701 COLLINS AVE 2205, Sunny Isles Beach, FL 33160

15701 COLLINS AVE 2205, Sunny Isles Beach, FL 33160 is a 4-bedroom, 5.5-bathroom residential - total value : condominium - residential built in 2020 with 3,204 square feet of living space. The property is currently owned by RITZMIAMI LLC C/O PLUMB, 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 2024-09-16 for $7,100,000. There are 3 recorded sales for this property. The 2025 assessed value is $5,610,000 with a market value of $5,610,000.

The assessed value increased 18% from $4,771,357 in 2024. This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X.

The median household income in this area is $91,818, and the median home value is $744,100. The population density is 7,985 people per square mile. There are active mortgage liens totaling $3,606,406 recorded against this property.

15701 COLLINS AVE 2205, Sunny Isles Beach, FL 33160 is located in Sunny Isles Beach, Florida. Property records, tax assessments, sales history, and ownership information for this Sunny Isles Beach property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2021 to 2024, with 3 recorded transactions in the public record.

The current assessed value represents 79% of the most recent sale price. Based on the most recent sale, this property traded at $2216 per square foot — a key metric for comparing value across Sunny Isles Beach's real estate market..

Current Owner

RITZMIAMI LLC C/O PLUMB
PO BOX 1334, LA JOLLA, CA, 92038
Since: 2026-04-19
View owner profile →

People Behind This Entity

Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$34,060 — $56,900
Flood $400 — $800
Property/Wind $33,660 — $56,100

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$91,818
Median Home Value$744,100
Pop. Density7,985/sq mi

Neighborhood 15701

100%
Owner-Occ
0%
Investor
61
Flips (4yr)
0
New Biz (3yr)
Distress Risk
MODERATE
35
View full risk analysis →

Mortgages

ACTIVE
$3,825,000
~$3,606,406 bal.
CITY NATIONAL BANK OF FLORIDA · 2021-07-27
Est. Total Balance $3,606,406
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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