For sale

Price cut: $85K (6/12)

$1,050,000

5500 Collins Ave APT 304, Miami Beach, FL 33140

3beds

2,868sqft

$10,736/mo

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Condominium

Built in 1974

-- sqft lot

$1,005,400 Zestimate^®

$366/sqft

$3,490/mo HOA

What's special

Waterfront poolWraparound balconyTennis courtsIn-unit washer and dryerRetro miami glam styleRich woodDining room

Corner unit in immaculate condition showcasing beautiful millwork, rich wood, and a Retro Miami Glam style, with stunning Intracoastal views overlooking the pool. The spacious living area opens to the wraparound balcony and flows into the dining room and kitchen, all capturing water views. Just off the kitchen is an in-unit washer and dryer, and a generous library/den with a wet bar adds great flexibility. The primary suite offers two walk-in closets and dual bathrooms, while the second bedroom features its own ensuite bath, along with a separate powder room for guests. Additional private storage is located outside the front door. The building features outstanding amenities, including a waterfront pool, tennis courts, a club room, gym, sauna, and an on-site restaurant.

145 days
503
21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 4
Full bathrooms: 3
1/2 bathrooms: 1

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Gas Range

Features

Walk-In Closet(s)
Flooring: Carpet, Other, Wood
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 2,868
Total interior livable area: 2,868 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Valet
Garage spaces: 2

Features

Patio & porch: Deck
Exterior features: Courtyard, Balcony
Pool features: Association
Has view: Yes
View description: Canal
Has water view: Yes
Water view: Canal
Waterfront features: Canal Front

Details

Parcel number: 0232140080110

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
Pet fee: $0
Subdivision: Towerhouse Condo

HOA

Has HOA: Yes
Amenities included: Fitness Center, Marina, Other, Pool, Sauna, Tennis Court(s)
HOA fee: $3,490 monthly

Location

Region: Miami Beach

Financial & listing details

Price per square foot: $366/sqft
Tax assessed value: $1,218,625
Annual tax amount: $19,403
Date on market: 4/14/2026
Listing terms: All Cash,Conventional

Estimated market value

$1,005,400

$955,000 - $1.06M

Not available

Price history

Date	Event	Price
6/12/2026	Price change	$1,050,000-7.5%$366/sqft
Source: MIAMI #A12000295 Report a problem
3/12/2026	Price change	$1,135,000-4.2%$396/sqft
Source: MIAMI #A11912883 Report a problem
11/18/2025	Price change	$1,185,000+8.2%$413/sqft
Source: MIAMI #A11912883 Report a problem
7/3/2025	Price change	$1,095,000-4.8%$382/sqft
Source: MIAMI #A11767947 Report a problem
5/27/2025	Price change	$1,150,000-4.2%$401/sqft
Source: MIAMI #A11767947 Report a problem
3/24/2025	Price change	$1,200,000-4%$418/sqft
Source: MIAMI #A11767947 Report a problem
10/7/2024	Price change	$1,250,000-3.8%$436/sqft
Source: BeachesMLS #F10447211 Report a problem
9/3/2024	Price change	$1,300,000-7.1%$453/sqft
Source: BeachesMLS #F10447211 Report a problem
6/21/2024	Listed for sale	$1,400,000+374.6%$488/sqft
Source: BeachesMLS #F10447211 Report a problem
6/30/1999	Sold	$295,000$103/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$19,404 +15.6%	$933,509 +10%
2024	$16,781 -2.9%	$848,645 +10%
2023	$17,276 +24.4%	$771,496 +10%
2022	$13,892 +12.8%	$701,360 +10%
2021	$12,311 +5.7%	$637,600 +6%
2020	$11,645 -10.1%	$601,500 -6.5%
2019	$12,948 +4.9%	$643,075 +10%
2018	$12,347	$584,614 +10%
2017	$12,347 -13.2%	$531,468 +10%
2016	$14,226 +11.8%	$483,153 +10%
2015	$12,719 +17.1%	$439,230 +10%
2014	$10,860 +57.6%	$399,300 +10%
2013	$6,890	$363,000 +7.9%
2012	$6,890 -1.1%	$336,570
2011	$6,967 -6.2%	$336,570
2010	$7,427 -24.9%	$336,570 -30%
2009	$9,891 -18.4%	$480,820 -20%
2007	$12,126 +32.9%	$601,030
2006	$9,126	--
2005	$9,126 -1.9%	--
2004	$9,301 -1.3%	--
2003	$9,425 +31.3%	--
2002	$7,177	--
2001	$7,177	--