Tower House Unit 1602 Sold
Property Details
| Sold Price | $1,350,000 |
|---|---|
| Last Asking Price | $1,550,000 |
| Price per SqFt | $478 |
| Maintenance Fee | $3,495 Monthly |
| Property Taxes | $15,913 2021 |
| Interior Space | 2,827 SqFt |
| Beds/Baths | 2/3½ |
| Year Built | 1974 |
| Closed Date | 6/30/2023 |
| MLS # | A11360145 |
Location
From the listing
Incredible opportunity to bring your designer/architect to redesign this special space and make it your own! This almost 3,000 SF unit has breathtaking open water views of the Indian Creek canal, Biscayne Bay and the Miami skyline. Enjoy spectacular sunsets and boats cruising by from your large newly renovated balcony. Currently configured as a 2-Bed, 3.5-Bath, it is easy to convert to a 3-Bed. Towerhouse is a full-service condo with 24hr front desk, concierge, valet, in-house restaurant, pool, fitness room and tennis court! Prime Miami Beach location on “Millionaire’s Row” across from the beach, near Fontainebleau Hotel, Soho House and Faena District. Only minutes to Bal Harbour and South Beach, as well as easy access to Miami Intl. Airport. *Some images have been virtually staged.*
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $3,495 a month; taxes $15,913 for 2021. MLS figures, which may not be accurate.
Sales History for This Unit · Tower House Unit 1602
Sales history is unavailable for this property
What Other Units Have Been Selling For at Tower House
4 units sold at Tower House in the last 12 months at an average of $622/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 1902 | $1,700,000$601/SqFt | 94% | 8/24/26 |
| 2302 | $1,770,000$626/SqFt | 101% | 9/12/25 |
| 2004 + Cabana D | $2,150,000$689/SqFt | 94% | 6/27/24 |
| 1603 | $1,710,000$605/SqFt | 95% | 5/3/24 |
| 1802 | $2,050,000$725/SqFt | 82% | 1/16/24 |
| 503 | $1,100,000$389/SqFt | 92% | 9/18/23 |
| 2202 | $1,650,000$584/SqFt | 100% | 3/18/22 |
| 2303 | $1,900,000$672/SqFt | 95% | 9/14/21 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Douglas Elliman. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami Beach and throughout South Florida.
Ask Mark About This Listing
Tower House Unit 1602, 5500 Collins Ave · MLS A11360145 · Sold Jun 2023
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Tower House
At Tower House, 4 units are for sale and 4 sold in the last 12 months at an average of $622 per SqFt. Unit 1602 sold at $478 per SqFt, above the building's average at the time. Figures compiled by Mark Zilbert, a Miami Beach real estate agent with ONE Sotheby's International Realty, from MLS records.