Welcome to Residence 1401 at TowerHouse, a corner residence offering over 2,800 square feet, 3 bedrooms, 4.5 bathrooms, plus a private staff suite or flexible fourth bedroom. With sweeping Intracoastal and ocean views from nearly every room and a spacious balcony that spans multiple sides of the residence, this home captures the essence of classic Miami Beach living. An expansive living room serves as the centerpiece of the home, offering stunning water views, abundant natural light, and plenty of space for entertaining. The oversized kitchen features a dedicated breakfast area overlooking the water, while the well-designed floor plan offers endless opportunities to update, personalize, or enjoy as is. Additional features include a formal dining room, a large laundry room with its own shower, a private trash chute, and exceptional storage throughout. The primary suite is complete with dual marble bathrooms, a spacious dressing room, and walk-in closet. Equal parts grand and nostalgic, Residence 1401 offers a rare opportunity to own a home with the scale, views, and retro Miami glamour that are increasingly hard to find. Life at TowerHouse is defined by service and exclusivity. Residents enjoy a waterfront pool with attendant service, fitness center, tennis courts, a private residents-only restaurant, valet parking, concierge, elevator attendant, and 24-hour security, all within one of Miami Beach's most iconic full-service buildings.
For sale
Price cut: $49K (6/16)
$1,750,000
5500 Collins Ave APT 1401, Miami Beach, FL 33140
3beds
2,868sqft
Condominium
Built in 1974
-- sqft lot
$1,633,800 Zestimate®
$610/sqft
$3,490/mo HOA
What's special
Corner residenceLarge laundry roomPrivate trash chuteAbundant natural lightExceptional storage throughoutStunning water viewsFormal dining room
- 82 days
- 267
- 15
Zillow last checked:
Listing updated:
Listed by:
Menachem Fellig 786-221-7700,
Compass Florida, LLC
Source: MIAMI,MLS#: A12037273
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Built-in Features, Entrance Foyer, Pantry, Walk-In Closet(s), Maid/In-Law Quarters
- Flooring: Carpet, Tile
Interior area
- Total structure area: 2,868
- Total interior livable area: 2,868 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Valet
- Garage spaces: 2
Features
- Entry location: Foyer
- Patio & porch: Open Porch
- Pool features: Association
- Has view: Yes
- View description: Intracoastal View
- Has water view: Yes
- Water view: Intracoastal View
- Waterfront features: Canal Front, Intracoastal Front
Details
- Parcel number: 0232140080480
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1974
Community & HOA
Community
- Security: Doorman, Lobby Secured
- Application fee: $100
- Subdivision: Towerhouse Condo
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Elevator(s), Fitness Center, Kitchen Facilities, Pool, Sauna, Tennis Court(s), Trash
- HOA fee: $3,490 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $610/sqft
- Tax assessed value: $1,346,125
- Annual tax amount: $7,963
- Date on market: 6/16/2026
- Listing terms: All Cash,Conventional
Estimated market value
$1,633,800
$1.55M - $1.72M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/16/2026 | Price change | $1,750,000-2.7%$610/sqft |
Source: | ||
| 3/11/2026 | Price change | $1,799,000-5.1%$627/sqft |
Source: | ||
| 8/20/2025 | Listed for sale | $1,895,000+40.9%$661/sqft |
Source: | ||
| 10/26/2016 | Listing removed | $1,345,000$469/sqft |
Source: Ana J. Exposito #A2086519 Report a problem | ||
| 7/19/2016 | Listed for sale | $1,345,000$469/sqft |
Source: Ana J. Exposito #A2086519 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,964 +2.9% | $466,125 +2.9% |
| 2024 | $7,738 +2.7% | $452,989 +3% |
| 2023 | $7,533 +3.9% | $439,796 +3% |
| 2022 | $7,248 +0.5% | $426,987 +3% |
| 2021 | $7,214 +1.2% | $414,551 +1.4% |
| 2020 | $7,125 +2.5% | $408,828 +2.3% |
| 2019 | $6,954 +15.2% | $399,637 +1.9% |
| 2018 | $6,038 | $392,186 +2.1% |
| 2017 | $6,038 +1% | $384,120 +2.1% |
| 2016 | $5,976 -1% | $376,220 +0.7% |
| 2015 | $6,036 -1.7% | $373,605 +0.8% |
| 2014 | $6,143 +3.2% | $370,640 +1.5% |
| 2013 | $5,951 | $365,163 +1.7% |
| 2012 | $5,951 -10.6% | $359,059 +3% |
| 2011 | $6,657 -6% | $348,601 -10.7% |
| 2010 | $7,081 -3.5% | $390,250 -1.7% |
| 2009 | $7,337 +1% | $396,966 +10.3% |
| 2007 | $7,263 -11.9% | $360,020 |
| 2006 | $8,248 | -- |
| 2005 | $8,248 +1.3% | -- |
| 2004 | $8,143 +3.3% | -- |
| 2003 | $7,881 +2.6% | -- |
| 2002 | $7,680 | -- |
| 2001 | $7,680 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Oceanfront
Nearby schools
Schools provided by the listing agent
- Elementary: North Beach
- Middle: Nautilus
- High: Miami Beach
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







