$1,999,000
$391K PRICE DROP

Tower House 5500 Collins Ave Unit 2302 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated payment $16,103/month

Total Views 1,219
2 Beds
3.5 Baths
2,827 Sq Ft
$707 Price per Sq Ft

Highlights

  • Doorman
  • Boat Dock
  • Property Fronts a Bay or Harbor
  • North Beach Elementary School Rated A-
  • Community Cabanas
  • Fitness Center

About This Home

Unique opportunity at the most elegant address in Miami Beach. The Towerhouse, a Millionaire's Road landmark. Exclusive residence in a full service building, with 2,827 SF of elegant living space, 2 bedrooms, 3 baths (his and hers) and a powder room. Perfect for entertaining and enjoying the most incredible views of the golf course, the Miami Skyline, the Intracoastal and the sunsets from your private terrace. Right across from the ocean, close to South Beach, Bal Harbour and Downtown. Unit comes with a deeded private 65ft boat slip and a cabana (contact us for their pricing) for ample uses. Tennis, and restaurant add to this luxury lifestyle
The Towerhouse services include a full-time concierge, doorman, because security and privacy are paramount. Don't miss it.

Listing Agent

Adriana Faerman

Compass Florida, LLC. License #3011802

Compass Florida, LLC.

Co-Listing Agent

Randi Rapp

Compass Florida, LLC. License #0702582

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,491

Year Built

  • Built in 1974 | Newly Remodeled

Lot Details

HOA Fees

  • $3,237 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 2,827 Sq Ft Home
  • Blinds
  • Combination Kitchen and Dining Room

Kitchen

  • Breakfast Area or Nook
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Two Primary Bathrooms

Home Security

Outdoor Features

  • Deeded Boat Dock
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-008-0850

Community Details

Overview

  • Towerhouse Condos
  • Towerhouse Condo Subdivision
  • 25-Story Property

Amenities

  • Doorman
  • Secure Lobby

Recreation

  • Boat Dock
  • Community Cabanas

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,491

Year Built

Built in 1974 | Newly Remodeled

Lot Details

0

HOA Fees

$3,237 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Entry Level: 23
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TOWERHOUSE CONDO
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Other Equipment/Appliances
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Carpet, Marble
  • Living Area: 2827
  • Stories: 25
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Kitchen Dining
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: Canal
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: TOWERHOUSE
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3237
  • Amenities: Boat Dock, Cabana, Exercise Room, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-008-0850
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 20491

Map

About Tower House

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $21,054 $1,055,616 -- --
2023 $21,054 $959,651 $0 $0
2022 $17,209 $872,410 $0 $0
2021 $15,313 $793,100 $0 $0
2020 $15,354 $793,100 $0 $0
2019 $21,232 $1,095,666 $0 $0
2018 $18,730 $996,060 $0 $0
2017 $23,710 $1,245,075 $0 $0
2016 $15,674 $692,459 $0 $0
2015 $15,262 $629,509 $0 $0
2014 $12,947 $572,281 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Price Changed $1,999,000 -16.4% $707 / Sq Ft
12/03/2024 12/03/24 For Sale $2,390,000 -- $845 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed -- Attorney
Deed $100 --
Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner -- No Value Available
Previous Owner -- No Value Available
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11703565

MIAMI REALTORS® MLS

APN: 02-3214-008-0850

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5500 Collins Ave Unit 2302, Miami Beach, FL

Homes for Sale in Miami Beach, FL

This home is located at 5500 Collins Ave Unit 2302, Miami Beach, FL 33140 and is currently priced at $1,999,000, approximately $707 per square foot. This property was built in 1974. 5500 Collins Ave Unit 2302 is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Adriana Faerman
Listing Agent
Adriana Faerman
Section Image
Compass Florida, LLC.
(305) 773-0253