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  • Zillow Home logoZestimate®
    $1,846,200

    5500 Collins Ave APT 1602, Miami Beach, FL 33140

    2beds
    2,827sqft
    Condo
    Built in 1974
    -- sqft lot
    $1,846,200 Zestimate®
    $653/sqft
    $6,738 Estimated rent

    Home value

    $1,846,200

    $1.57M - $2.22M

    $6,738/mo

    Zestimate® history
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    $14,209/mo

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    What's special

    Incredible opportunity to bring your designer/architect to redesign this special space and make it your own! This almost 3,000 SF unit has breathtaking open water views of the Indian Creek canal, Biscayne Bay and the Miami skyline. Enjoy spectacular sunsets and boats cruising by from your large newly renovated balcony. Currently configured as a 2-Bed, 3.5-Bath, it is easy to convert to a 3-Bed. Towerhouse is a full-service condo with 24hr front desk, concierge, valet, in-house restaurant, pool, fitness room and tennis court! Prime Miami Beach location on Millionaires Row across from the beach, near Fontainebleau Hotel, Soho House and Faena District. Only minutes to Bal Harbour and South Beach, as well as easy access to Miami Intl. Airport. *Some images have been virtually staged.*

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central
    Interior area
    • Total interior livable area: 2,827 sqft

    Property

    Features
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Details
    • Parcel number: 0232140080570

    Construction

    Type & style
    • Home type: Condo
    Condition
    • Year built: 1974

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $620 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $653/sqft
    • Tax assessed value: $1,346,275
    • Annual tax amount: $20,010

    Price history

    DateEventPrice
    6/30/2023Sold$1,350,000-12.9%$478/sqft
    Source: MIAMI #A11360145 Report a problem
    6/5/2023Pending sale$1,550,000$548/sqft
    Source: MIAMI #A11360145 Report a problem
    5/16/2023Price change$1,550,000-13.6%$548/sqft
    Source: MIAMI #A11360145 Report a problem
    3/22/2023Listed for sale$1,795,000$635/sqft
    Source: MIAMI #A11360145 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$20,010 +2.8%$1,108,253 +2.9%
    2024$19,464 -0.1%$1,077,020 +22%
    2023$19,486 +22.5%$882,695 +10%
    2022$15,913 +13%$802,450 +10%
    2021$14,085 -0.3%$729,500
    2020$14,123 -19.6%$729,500 -14%
    2019$17,574 +13.6%$847,863 +10%
    2018$15,474 $770,785 +10%
    2017$15,474 -6%$700,714 +10%
    2016$16,454 +17.2%$637,013 +10%
    2015$14,040 +17.9%$579,103 +10%
    2014$11,911 +33.7%$526,458 +10%
    2013$8,906 $478,599 +10%
    2012$8,906 -1.1%$435,090
    2011$9,006 -6.2%$435,090
    2010$9,601 -24.9%$435,090 -30%
    2009$12,786 -18.4%$621,560 -20%
    2007$15,675 +32.9%$776,950
    2006$11,798 --
    2005$11,798 -1.9%--
    2004$12,023 -1.3%--
    2003$12,183 +31.3%--
    2002$9,278 --
    2001$9,278 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,846,200
    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
    $1,846,200