$1,699,000
5500 Collins Avenue 1401
Miami Beach, FL 33140
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $1,699,000
- Price per sq ft
- $592
- Vs. nearby sales
- 5.4% below
- Days on market
- 99
This 3-bedroom condo in Towerhouse Condo is listed at $1,699,000, or $592 per square foot. The asking price has come down 2.9% from its original $1,750,000. It has been on the market for 99 days. The 5 most recent condo sales in the closings shown below sold at a median of $626 per square foot, so the asking price is 5.4% below what comparable homes here actually sold for.
Estimated monthly payment
$8,929 /mo
Principal and interest only, based on $339,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $3,490/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $1,699,000
- Days on Site
- 99 Days
- Bedrooms
- 3
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 2,868 sqft
- Total Sq Ft
- 2,868 sqft
- Year Built
- 1974
- Property Type
- Condo
- MLS #
- A12037273
- Property Tax
- $7,963 (2025)
- HOA Fees
- $3,490 / Monthly
- Subdivision
- TOWERHOUSE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Welcome to Residence 1401 at TowerHouse, a corner residence offering over 2,800 square feet, 3 bedrooms, 4.5 bathrooms, plus a private staff suite or flexible fourth bedroom. With sweeping Intracoastal and ocean views from nearly every room and a spacious balcony that spans multiple sides of the residence, this home captures the essence of classic Miami Beach living. An expansive living room serves as the centerpiece of the home, offering stunning water views, abundant natural light, and plenty of space for entertaining. The oversized kitchen features a dedicated breakfast area overlooking the water, while the well-designed floor plan offers endless opportunities to update, personalize, or enjoy as is. Additional features include a formal dining room, a large laundry room with its own shower, a private trash chute, and exceptional storage throughout. The primary suite is complete with dual marble bathrooms, a spacious dressing room, and walk-in closet. Equal parts grand and nostalgic, Residence 1401 offers a rare opportunity to own a home with the scale, views, and retro Miami glamour that are increasingly hard to find. Life at TowerHouse is defined by service and exclusivity. Residents enjoy a waterfront pool with attendant service, fitness center, tennis courts, a private residents-only restaurant, valet parking, concierge, elevator attendant, and 24-hour security, all within one of Miami Beach's most iconic full-service buildings.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 25
- Garage Spaces
- 2
- Parking
- Valet
- Living Sq Ft
- 2,868
- Total Sq Ft
- 2,868
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Carpet / Tile
- Interior Features
- Built In Features / Breakfast Area / Bathtub / Dining Area / Separate Formal Dining Room / Entrance Foyer / Multiple En Suite Bathrooms / Pantry / Soaking Tub / Separate Shower / Walk In Closets
Exterior Features
- Construction
- Block
- Exterior Features
- Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Porch
- Waterfront
- Yes
- Waterfront Features
- Canal Front / Intracoastal Access / Other
- View
- Intercoastal
Community & HOA
- HOA Fee
- $3,490 / Monthly
- HOA Includes
- Cable Tv / Hot Water / Internet / Maintenance Grounds / Maintenance Structure / Pest Control / Sewer / Trash / Water
- Association Amenities
- Community Kitchen / Elevators / Fitness Center / Maintenance Grounds / Picnic Area / Pool / Parking / Sauna / Tennis Courts / Trash
- Security
- Security System / Lobby Secured
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other Restrictions
- MLS Area
- 2320
This home's HOA fee works out to $3,490 a month, in line with the $3,490 median across 4 homes for sale in Towerhouse Condo. See Towerhouse Condo HOA fees
Schools
- Elementary School
- North Beach
- Middle School
- Miami Beach Nautilus
- High School
- Miami Beach
About the Community
Towerhouse Condo is a luxury waterfront, luxury community in Miami Beach, Miami-Dade County, Florida. Properties are priced from $1,100,000 to $2,000,000. Pure Equity lists homes in Towerhouse and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 4
- Median List Price
- $1,824,000
- Median $/Sq Ft
- $641
- Avg Days on Market
- 120
Frequently Asked Questions
- How do I schedule a tour of 5500 Collins Avenue 1401, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5500 Collins Avenue 1401, Miami Beach, FL 33140. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 5500 Collins Avenue 1401, Miami Beach, FL 33140 still available?
- 5500 Collins Avenue 1401, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 99 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 5500 Collins Avenue 1401, Miami Beach, FL 33140?
- With 20% down ($339,800) on the $1,699,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5500 Collins Avenue 1401, Miami Beach, FL 33140 is about $8,929/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 5500 Collins Avenue 1401, Miami Beach, FL 33140?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 5500 Collins Avenue 1401, Miami Beach, FL 33140. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Does 5500 Collins Avenue 1401, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5500 Collins Avenue 1401, Miami Beach, FL 33140 carries an HOA fee of about $3,490 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- What schools serve 5500 Collins Avenue 1401, Miami Beach, FL 33140?
- 5500 Collins Avenue 1401, Miami Beach, FL 33140 is zoned for North Beach (elementary), Miami Beach Nautilus (middle), Miami Beach (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
- Can I negotiate the price of 5500 Collins Avenue 1401, Miami Beach, FL 33140?
- Often, yes. The right offer on 5500 Collins Avenue 1401, Miami Beach, FL 33140 depends on how it's priced against comparable condo sales in Miami Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of Compass Florida, LLC
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$1,699,000
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Listed by Menachem Fellig, Compass Florida, LLC
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Recent Sales
Recently sold homes in Towerhouse Condo
These are the last 5 recorded closings in Towerhouse Condo, with the price each home actually sold for rather than what it was listed at. They closed at a median of $626 per square foot. The most recent closed on August 24, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,700,000
Sold · August 24, 2026
5500 Collins Avenue 1902
2 bed · 2.5 bath · 2,827 sqft · $601/sqft
$99,000 under the asking price
Sold$1,850,000
Sold · June 5, 2026
5500 Collins Avenue 802
3 bed · 3.5 bath · 2,827 sqft · $654/sqft
$100,000 under the asking price
Sold$2,025,000
Sold · April 13, 2026
5500 Collins Avenue 1104
3 bed · 4.5 bath · 2,868 sqft · $706/sqft
$325,000 under the asking price
Sold$1,487,500
Sold · December 1, 2025
5500 Collins Avenue 1502
4 bed · 4.5 bath · 2,827 sqft · $526/sqft
$212,500 under the asking price
Sold$1,770,000
Sold · September 12, 2025
5500 Collins Avenue 2302
2 bed · 3.5 bath · 2,827 sqft · $626/sqft
$20,000 over the asking price
See every recorded sale in Towerhouse Condo or find out what your Towerhouse Condo home is worth.
