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For sale
  • Price cut: $49K (6/16)
    $1,750,000

    5500 Collins Ave APT 1401, Miami Beach, FL 33140

    3beds
    2,868sqft
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    Condominium
    Built in 1974
    -- sqft lot
    $1,645,700 Zestimate®
    $610/sqft
    $3,490/mo HOA

    What's special

    Corner residenceLarge laundry roomPrivate trash chuteAbundant natural lightExceptional storage throughoutStunning water viewsFormal dining room
    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.
    35 days
    |
    308
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Menachem Fellig 786-221-7700,

    Compass Florida, LLC

    Source: MIAMI,MLS#: A12037273MLS LogoOriginating 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

        $1,645,700

        $1.56M - $1.73M

        $8,699/mo

        Price history

        DateEventPrice
        6/16/2026Price change$1,750,000-2.7%$610/sqft
        Source: MIAMI #A12037273 Report a problem
        3/11/2026Price change$1,799,000-5.1%$627/sqft
        Source: BeachesMLS #R11117072 Report a problem
        8/20/2025Listed for sale$1,895,000+40.9%$661/sqft
        Source: BeachesMLS #RX-11117072 Report a problem
        10/26/2016Listing removed$1,345,000$469/sqft
        Source: Ana J. Exposito #A2086519 Report a problem
        7/19/2016Listed for sale$1,345,000$469/sqft
        Source: Ana J. Exposito #A2086519 Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Oceanfront

        Getting around

        58 / 100
        Somewhat Walkable
        47 / 100
        Some Transit
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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.

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