$1,487,500
Sold · December 1, 2025
5500 Collins Avenue 1502
Miami Beach, FL 33140
Explore the area: Miami Beach homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $1,487,500
- Vs. list price
- 12.5% under
- Days on market
- 61
- Price per sq ft
- $526
This 4-bedroom condo in Towerhouse Condo sold for $1,487,500 on December 1, 2025. That was 12.5% below its final list price of $1,700,000. It first came on the market at $1,900,000, so the price was adjusted before it sold. It spent 61 days on the market. At $526 per square foot, it closed 17.8% below the $640 median of the 4 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $1,487,500
- Sold On
- December 1, 2025
- Days on Site
- 61 Days
- Bedrooms
- 4
- Total Baths
- 5
- Full Baths
- 4
- Partial Baths
- 1
- Living Area
- 2,827 sqft
- Total Sq Ft
- 2,827 sqft
- Year Built
- 1974
- Property Type
- Condo
- MLS #
- A11839711
- Property Tax
- $18,723 (2024)
- HOA Fees
- $3,237 / Monthly
- Subdivision
- TOWERHOUSE CONDO
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Enjoy breathtaking views of the Miami skyline, La Gorce Golf Course, the Intracoastal, and unforgettable sunsets from every angle. Located just across from the beach and minutes from South Beach, Bal Harbour, and Downtown Miami.Experience luxury living in this exclusive 2,827 SF residence at the prestigious Towerhouse. This elegant corner unit offers 4 spacious bedrooms, 4 full baths (his & hers), a powder room, kitchen and dining areas—perfect for both comfortable living and stylish entertaining.Additional luxury amenities include a restaurant, tennis courts, concierge, and doorman service.Don’t miss the opportunity to own one of the most coveted homes in Miami Beach.
Virtual TourGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 25
- Garage Spaces
- 2
- Parking
- Covered
- Living Sq Ft
- 2,827
- Total Sq Ft
- 2,827
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Trash Compactor / Washer
- Cooling
- Zoned
- Heating
- Central
- Flooring
- Carpet / Ceramic Tile / Laminate
- Interior Features
- Bidet / Built In Features / Bedroom On Main Level / Breakfast Area / Bathtub / Elevator / Living Dining Room / Main Level Primary / Multiple En Suite Bathrooms / Storage / Soaking Tub / Separate Shower
- Laundry
- Washer Hookup / Dryer Hookup
Exterior Features
- Construction
- Brick / Block
- Exterior Features
- Lighting / Tennis Courts
- Pool Features
- Association
- Waterfront
- Yes
- Waterfront Features
- Canal Front
- View
- Bay / Canal / Golf Course
Community & HOA
- HOA Fee
- $3,237 / Monthly
- HOA Includes
- Hot Water / Maintenance Grounds / Pools / Security
- Association Amenities
- Billiard Room / Bike Storage / Clubhouse / Fitness Center / Management / Pool / Parking / Tennis Courts / Trash / Elevators
- Security
- Security System / Fire Alarm / Lobby Secured / Other
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Rv
- MLS Area
- 2320
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 1502, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5500 Collins Avenue 1502, 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 1502, Miami Beach, FL 33140 still available?
- 5500 Collins Avenue 1502, Miami Beach, FL 33140 is currently listed as Sold, and has been on the market 61 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 1502, Miami Beach, FL 33140?
- With 20% down ($340,000) on the $1,700,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5500 Collins Avenue 1502, Miami Beach, FL 33140 is about $8,934/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 1502, 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 1502, 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 1502, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5500 Collins Avenue 1502, Miami Beach, FL 33140 carries an HOA fee of about $3,237 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 5500 Collins Avenue 1502, Miami Beach, FL 33140?
- Often, yes. The right offer on 5500 Collins Avenue 1502, 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 The Opulence Group Brokerage
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 July 1, 2026.
$1,487,500
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Listed by Salomon Levy, The Opulence Group Brokerage
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Recent Sales
Recently sold homes in Towerhouse Condo
These are the last 4 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 $654 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$1,770,000
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.
