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Sold for $1,487,500
  • $1,487,500

    5500 Collins Ave APT 1502, Miami Beach, FL 33140

    4beds
    2,827sqft
    Condominium
    Built in 1974
    -- sqft lot
    $1,485,700 Zestimate®
    $526/sqft
    $4,108 Estimated rent

    Home value

    $1,485,700

    $1.29M - $1.69M

    $4,108/mo

    Zestimate® history
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    $4,108/mo

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    $13,505/mo

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    $13,505/mo

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    What's special

    La gorce golf courseElegant corner unitSpacious bedroomsUnforgettable sunsetsKitchen and dining areas
    Enjoy breathtaking views of the Miami skyline, La Gorce Golf Course, the Intracoastal, and unforgettable sunsets from every angle. Located just across from the beach and minutes from South Beach, Bal Harbour, and Downtown Miami. Experience luxury living in this exclusive 2,827 SF residence at the prestigious Towerhouse. This elegant corner unit offers 4 spacious bedrooms, 4 full baths (his & hers), a powder room, kitchen and dining areas—perfect for both comfortable living and stylish entertaining. Additional luxury amenities include a restaurant, tennis courts, concierge, and doorman service. Don’t miss the opportunity to own one of the most coveted homes in Miami Beach.

    Zillow last checked:

    Listing updated:

    Listed by:

    Salomon Levy 305-951-6724,

    The Opulence Group Brokerage,

    Lizzie Armas 904-994-2085,

    The Opulence Group Brokerage

    Bought with:

    Arielle Werner, 3487983

    One Sotheby's International Realty

    Source: MIAMI,MLS#: A11839711MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Central
    Cooling
    • Zoned
    Appliances
    • Included: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
    • Laundry: Laundry Room, Washer/Dryer Hook-Up
    Features
    • Interior Hall, Lobby, Built-in Features, Storage, Elevator
    • Flooring: Carpet, Ceramic Tile
    • Doors: High Impact Doors
    • Windows: Complete Impact Glass
    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, Additional Spaces Available, Covered
    • Garage spaces: 2
    Features
    • Entry location: First Floor Entry
    • Exterior features: Tennis Court(s)
    • Pool features: Association
    • Has view: Yes
    • View description: Bay, Canal, Golf Course
    • Has water view: Yes
    • Water view: Bay,Canal
    • Waterfront features: Canal Front, Canal Width 121 Feet Or More
    Details
    • Parcel number: 0232140080530

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Brick, CBS Construction
    Condition
    • Year built: 1974

    Community & HOA

    Community
    • Security: Doorman, Fire Alarm, Lobby Secured, Stairs Secured
    • Application fee: $150
    • Pet fee: $0
    • Subdivision: Towerhouse Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Bike Storage, Billiard Room, Boat Dock, Community Room, Elevator(s), Fitness Center, Exterior Lighting, Pool, Tennis Court(s), Trash
    • HOA fee: $3,237 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $526/sqft
    • Tax assessed value: $1,332,950
    • Annual tax amount: $18,723
    • Date on market: 7/23/2025
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    12/1/2025Sold$1,487,500-12.5%$526/sqft
    Source: MIAMI #A11839711 Report a problem
    9/22/2025Pending sale$1,700,000$601/sqft
    Source: MIAMI #A11839711 Report a problem
    9/8/2025Price change$1,700,000-10.5%$601/sqft
    Source: MIAMI #A11839711 Report a problem
    7/23/2025Listed for sale$1,900,000$672/sqft
    Source: MIAMI #A11839711 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,627 +15.5%$1,054,298 +10%
    2024$18,723 -2.8%$958,453 +10%
    2023$19,261 +22.5%$871,321 +10%
    2022$15,727 +13.1%$792,110 +10%
    2021$13,904 -0.3%$720,100
    2020$13,941 -19.6%$720,100 -14%
    2019$17,349 +13.6%$836,990 +10%
    2018$15,275 $760,900 +10%
    2017$15,275 -6%$691,728 +10%
    2016$16,243 +17.2%$628,844 +10%
    2015$13,860 +17.9%$571,677 +10%
    2014$11,758 +33.7%$519,707 +10%
    2013$8,792 $472,461 +10%
    2012$8,792 -1.1%$429,510
    2011$8,891 -6.2%$429,510
    2010$9,478 -24.9%$429,510 -30%
    2009$12,622 -18.4%$613,580 -20%
    2007$15,473 +32.9%$766,970
    2006$11,646 --
    2005$11,646 -1.9%--
    2004$11,869 -1.3%--
    2003$12,027 +31.3%--
    2002$9,159 --
    2001$9,159 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,485,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,485,700