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Sold for $1,270,000
  • $1,270,000

    5500 Collins Ave APT 701, Miami Beach, FL 33140

    3beds
    2,868sqft
    Condominium
    Built in 1974
    -- sqft lot
    $1,830,500 Zestimate®
    $443/sqft
    $8,386 Estimated rent

    Home value

    $1,830,500

    $1.54M - $2.18M

    $8,386/mo

    Zestimate® history
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    What's special

    Waterfront poolSouth beachClose to bal harborDesign districtMarble counter topsWaterfront dog parkCorner office
    Largest condo on Millionaires Row ready to make it your own. Features wide corner balcony panoramic views of Indian Creek waterway. Oversized unit, seamless indoor outdoor living space, water views from every room. Eat in kitchen, custom cabinets and bar. Feels like a home w/ many separate living spaces. Master bedroom w/ his + her bathrooms +walk in closets. Lg. corner office (or 3rd BD). New Impact glass balconies. White glove full service bldg: 24hr concierge, valet, restaurant ,gym, waterfront pool + tennis+ waterfront dog park! 4 units per floor. Close to Bal Harbor, South Beach, FAENA District, Design District. Prime Miami Beach location across from the beach, *Some images have been virtually staged.* Unit is empty and no current assessments.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melissa Delisle 786-419-5753,

    One Sotheby's International Realty

    Bought with:

    Marci Declaris, 3443984

    Douglas Elliman

    Source: MIAMI,MLS#: A11387214MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator
    • Laundry: Washer/Dryer Hook-Up
    Features
    • Lobby, Bar, Built-in Features, Closet Cabinetry, Entrance Foyer, Roman Tub, Walk-In Closet(s), Separate Guest/In-Law Quarters, Storage
    • Flooring: Wood
    • Doors: High Impact Doors
    • Windows: Clear Impact Glass, Complete Impact Glass, Blinds, Drapes, Impact Glass, Plantation Shutters
    • Common walls with other units/homes: Corner Unit
    Interior area
    • Total structure area: 2,868
    • Total interior livable area: 2,868 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Or More Spaces, Assigned, Covered
    • Attached garage spaces: 2
    Features
    • Entry location: Foyer
    • Patio & porch: Wrap Around
    • Exterior features: Balcony
    • Pool features: Association
    • Has view: Yes
    • View description: Intracoastal View, Ocean, Skyline
    • Has water view: Yes
    • Water view: Intracoastal View,Ocean
    • Waterfront features: Ocean Access, Bay
    • Frontage type: Bay/Harbor
    Details
    • Parcel number: 0232140080240

    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: Smoke Detector, Doorman, Secured Garage/Parking, Lobby Secured
    • Application fee: $100
    • Subdivision: Towerhouse Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Bike Storage, Boat Dock, Cabana, Elevator(s), Fitness Center, Storage, Pool, Tennis Court(s)
    • HOA fee: $3,495 monthly
    Location
    • Region: Miami Beach

    Financial & listing details

    • Price per square foot: $443/sqft
    • Tax assessed value: $1,268,112
    • Annual tax amount: $9,491
    • Date on market: 5/15/2023
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    4/29/2024Sold$1,270,000-2.2%$443/sqft
    Source: MIAMI #A11387214 Report a problem
    3/29/2024Pending sale$1,299,000$453/sqft
    Source: MIAMI #A11387214 Report a problem
    3/25/2024Price change$1,299,000-7.1%$453/sqft
    Source: MIAMI #A11387214 Report a problem
    3/4/2024Listed for sale$1,399,000$488/sqft
    Source: MIAMI #A11387214 Report a problem
    3/4/2024Pending sale$1,399,000$488/sqft
    Source: MIAMI #A11387214 Report a problem
    12/15/2023Price change$1,399,000-6.7%$488/sqft
    Source: MIAMI #A11387214 Report a problem
    11/16/2023Listed for sale$1,499,000-31.9%$523/sqft
    Source: MIAMI #A11387214 Report a problem
    11/9/2023Contingent$2,200,000$767/sqft
    Source: MIAMI #A11387214 Report a problem
    5/16/2023Listed for sale$2,200,000+443.2%$767/sqft
    Source: MIAMI #A11387214 Report a problem
    3/4/2011Sold$405,000-30.8%$141/sqft
    Source: Public Record Report a problem
    1/9/2010Listing removed$585,000$204/sqft
    Source: Prudential Florida Realty #M1320957 Report a problem
    8/1/2009Price change$585,000-4.9%$204/sqft
    Source: Prudential Florida Realty #M1320957 Report a problem
    6/13/2009Listed for sale$615,000-5.4%$214/sqft
    Source: Prudential Florida Realty #M1320957 Report a problem
    4/3/2009Listing removed$650,000$227/sqft
    Source: Listhub #M1290293 Report a problem
    1/19/2009Listed for sale$650,000$227/sqft
    Source: Listhub #M1290293 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,790 +24.8%$1,268,112 +25%
    2024$19,064 +93.4%$1,014,490 +80.3%
    2023$9,857 +3.9%$562,749 +3%
    2022$9,491 +0.4%$546,359 +3%
    2021$9,452 +1.2%$530,446 +1.4%
    2020$9,338 +2.4%$523,123 +2.3%
    2019$9,119 +5.2%$511,362 +1.9%
    2018$8,665 $501,828 +2.1%
    2017$8,665 +1%$491,507 +2.1%
    2016$8,582 -1%$481,398 +0.7%
    2015$8,671 -1.7%$478,052 +0.8%
    2014$8,819 +19.9%$474,258 +1.5%
    2013$7,357 $467,250 +30%
    2012$7,357 -1.1%$359,420
    2011$7,440 -6.2%$359,420
    2010$7,931 -24.9%$359,420 -30%
    2009$10,562 +58.8%$513,460 +55.8%
    2007$6,650 -11.9%$329,610
    2006$7,549 --
    2005$7,549 +1.3%--
    2004$7,451 +3.4%--
    2003$7,209 +2.7%--
    2002$7,023 --
    2001$7,023 --
    Find assessor info on the county website

    Neighborhood: Oceanfront

    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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    Estimated market value
    $1,830,500
    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
    $1,830,500