$1,050,000
5500 Collins Avenue 304
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
- $1,050,000
- Price per sq ft
- $366
- Vs. nearby sales
- 41.5% below
- Days on market
- 162
This 3-bedroom condo in Towerhouse Condo is listed at $1,050,000, or $366 per square foot. The asking price has come down 7.5% from its original $1,135,000. It has been on the market for 162 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 41.5% below what comparable homes here actually sold for.
Estimated monthly payment
$5,518 /mo
Principal and interest only, based on $210,000 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
- $1,050,000
- Days on Site
- 162 Days
- Bedrooms
- 3
- Total Baths
- 4
- Full Baths
- 3
- Partial Baths
- 1
- Living Area
- 2,868 sqft
- Total Sq Ft
- 2,868 sqft
- Year Built
- 1974
- Property Type
- Condo
- MLS #
- A12000295
- Property Tax
- $19,403 (2025)
- HOA Fees
- $3,490 / Monthly
- Subdivision
- TOWERHOUSE CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
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.
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
- Dishwasher / Gas Range / Microwave
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Carpet / Other / Wood
- Interior Features
- Bathtub / Main Level Primary / Soaking Tub / Walk In Closets
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Courtyard / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Deck / Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Canal Front / Other
- View
- Canal
Community & HOA
- HOA Fee
- $3,490 / Monthly
- HOA Includes
- Cable Tv / Hot Water / Internet / Maintenance Grounds / Maintenance Structure / Pest Control / Sewer / Security / Trash / Water
- Association Amenities
- Fitness Center / Maintenance Grounds / Other / Pool / Parking / Sauna / Tennis Courts
- Security
- Security System / Lobby Secured
- Utilities
- Cable Available
- Pets Allowed
- Pet Restrictions / 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 304, Miami Beach, FL 33140?
- Use the Tour button on this listing to request a showing of 5500 Collins Avenue 304, 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 304, Miami Beach, FL 33140 still available?
- 5500 Collins Avenue 304, Miami Beach, FL 33140 is currently listed as Active, and has been on the market 162 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 304, Miami Beach, FL 33140?
- With 20% down ($210,000) on the $1,050,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 5500 Collins Avenue 304, Miami Beach, FL 33140 is about $5,518/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 304, 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 304, 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 304, Miami Beach, FL 33140 have an HOA fee?
- Yes: 5500 Collins Avenue 304, 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 304, Miami Beach, FL 33140?
- 5500 Collins Avenue 304, 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 304, Miami Beach, FL 33140?
- Often, yes. The right offer on 5500 Collins Avenue 304, 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.
$1,050,000
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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.
