Nestled in the heart of Millionaire's row, uncover the exquisite Towerhouse Condo located at 5500 Collins Ave. This luxurious building has a 24 hour doorman, valet parking, dock, in-house restaurant, concierge, pool, fitness center, tennis court and a vital course. The unit spans an impressive 2,827 sqft and presents a fantastic opportunity for a complete renovation, with the potential to effortlessly transform it into a 3BD condo. The opulent unit has floor to ceiling windows from every room so you don't miss a single moment of the breathtaking Biscayne Bay and Miami Skyline views. Recently completed, the glass balconies allow you to enjoy peaceful mornings or relaxing evenings in the deep open balcony. This is an incredible opportunity to turn this unit into the condo of your dreams.
Sold for $1,250,000
$1,250,000
5500 Collins Ave APT 1402, Miami Beach, FL 33140
3beds
2,827sqft
Condominium
Built in 1974
-- sqft lot
$1,772,000 Zestimate®
$442/sqft
$7,716 Estimated rent
Home value
$1,772,000
$1.49M - $2.11M
$7,716/mo
Zestimate® history
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$7,716/mo
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$7,716/mo
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$11,966/mo
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List your homeWhat's special
Fitness centerFloor to ceiling windowsGlass balconiesTennis courtIn-house restaurantValet parking
Zillow last checked:
Listing updated:
Listed by:
Menachem Fellig 305-632-8803,
Compass Florida, LLC,
Lily Choi 213-284-5954,
Compass Florida, LLC
Bought with:
Juan Sanchez, 3059001
London Foster Realty
Source: MIAMI,MLS#: A11403677
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Den/Library/Office
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
- Laundry: Laundry Room
Features
- Lobby, Bar, Closet Cabinetry, Walk-In Closet(s), Wet Bar
- Flooring: Carpet, Other
- Windows: High Impact Windows
Interior area
- Total structure area: 2,827
- Total interior livable area: 2,827 sqft
Property
Parking
- Total spaces: 2
- Parking features: 2 Or More Spaces, Guest, Valet
- Garage spaces: 2
Features
- Exterior features: Courtyard, Balcony, Tennis Court(s)
- Pool features: Association
- Has view: Yes
- View description: Bay, Intracoastal View, Water
- Has water view: Yes
- Water view: Bay,Intracoastal View,Water
- Waterfront features: Intracoastal Front, No Fixed Bridges, Ocean Access, Bay
- Frontage type: Bay/Harbor
Lot
- Features: East Of Us1
Details
- Parcel number: 0232140080490
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete Block Construction
Condition
- Year built: 1974
Community & HOA
Community
- Security: Doorman, Lobby Secured, Other
- Application fee: $100
- Subdivision: Towerhouse Condo
HOA
- Has HOA: Yes
- Amenities included: Bike/Jog Path, Barbecue, Community Room, Elevator(s), Fitness Center, Other, Pool, Tennis Court(s)
- HOA fee: $3,495 monthly
Location
- Region: Miami Beach
Financial & listing details
- Price per square foot: $442/sqft
- Tax assessed value: $1,319,750
- Annual tax amount: $8,697
- Date on market: 6/29/2023
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 12/7/2023 | Sold | $1,250,000-16.6%$442/sqft |
Source:  MIAMI #A11403677 Report a problem | ||
| 10/18/2023 | Pending sale | $1,499,000$530/sqft |
Source: MIAMI #A11403677 Report a problem | ||
| 10/13/2023 | Contingent | $1,499,000$530/sqft |
Source: MIAMI #A11403677 Report a problem | ||
| 6/29/2023 | Listed for sale | $1,499,000$530/sqft |
Source: MIAMI #A11403677 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,838 +15.1% | $1,161,380 +10% |
| 2024 | $19,840 -17.7% | $1,055,800 -17.3% |
| 2023 | $24,111 +177.2% | $1,275,910 +153.1% |
| 2022 | $8,696 +0.4% | $504,069 +3% |
| 2021 | $8,659 +1.2% | $489,388 +1.4% |
| 2020 | $8,554 -55% | $482,632 -50.9% |
| 2019 | $19,029 +139.8% | $981,970 +112.1% |
| 2018 | $7,934 | $462,986 +2.1% |
| 2017 | $7,934 +1% | $453,464 +2.1% |
| 2016 | $7,858 -1% | $444,138 +0.7% |
| 2015 | $7,938 -1.7% | $441,051 +0.8% |
| 2014 | $8,073 +2.8% | $437,551 +1.5% |
| 2013 | $7,853 | $431,085 +1.7% |
| 2012 | $7,853 -1.1% | $423,880 |
| 2011 | $7,939 -6.1% | $423,880 |
| 2010 | $8,456 +5.2% | $423,880 -1.7% |
| 2009 | $8,041 +1.4% | $431,184 +9.7% |
| 2007 | $7,933 -12% | $393,208 |
| 2006 | $9,011 | -- |
| 2005 | $9,011 +1.3% | -- |
| 2004 | $8,898 +3.3% | -- |
| 2003 | $8,615 +2.6% | -- |
| 2002 | $8,397 | -- |
| 2001 | $8,397 | -- |
Find assessor info on the county website
Neighborhood: Oceanfront
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Nearby schools
GreatSchools rating
- 10/10North Beach Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 5/10Nautilus Middle SchoolGrades: 6-8Distance: 1.6 mi
- 5/10Miami Beach Senior High SchoolGrades: 9-12Distance: 2.6 mi
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Estimated market value
$1,772,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,772,000
- Florida
- Miami-Dade County
- Miami Beach
- 33140
- Oceanfront
- 5500 Collins Ave Apartment 1402
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