
Tower House Unit 701 Sold

Property Details
| Sold Price | $1,270,000 |
|---|---|
| Last Asking Price | $1,299,000 |
| Price per SqFt | $443 |
| Maintenance Fee | $3,495 Monthly |
| Property Taxes | $9,491 2022 |
| Interior Space | 2,868 SqFt |
| Beds/Baths | 3/3½ |
| Year Built | 1974 |
| Closed Date | 4/29/2024 |
| MLS # | A11387214 |
Location
From the listing
Largest condo on Millionaires Row ready to make it your own. Features wide corner balcony panoramic views of Indian Creek waterway. Oversized unit, seamless indoor outdoor living space, water views from every room. Eat in kitchen, custom cabinets and bar. Feels like a home w/ many separate living spaces. Master bedroom w/ his + her bathrooms +walk in closets. Lg. corner office (or 3rd BD). New Impact glass balconies. White glove full service bldg: 24hr concierge, valet, restaurant ,gym, waterfront pool + tennis+ waterfront dog park! 4 units per floor. Close to Bal Harbor, South Beach, FAENA District, Design District. Prime Miami Beach location across from the beach, *Some images have been virtually staged.* Unit is empty and no current assessments.
Listed by One Sotheby's International Realty
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $3,495 a month; taxes $9,491 for 2022. MLS figures, which may not be accurate.
Sales History for This Unit · Tower House Unit 701
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 ⇅ |
|---|---|---|---|
| 802 | $1,850,000$654/SqFt | 95% | 6/5/26 |
| 1104 | $2,025,000$706/SqFt | 86% | 4/13/26 |
| 1704 | $1,930,000$673/SqFt | 82% | 6/6/25 |
| 904 | $1,712,500$597/SqFt | 88% | 4/11/24 |
| 1402 | $1,250,000$442/SqFt | 83% | 12/7/23 |
| 703 | $1,175,000$416/SqFt | 79% | 1/30/23 |
| 404 | $1,700,000$593/SqFt | 92% | 6/9/22 |
| 2304 | $1,870,000$652/SqFt | 97% | 3/23/22 |
For a full analysis of past sales in this building, contact Mark Zilbert.

Listed by One Sotheby's International Realty. 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 701, 5500 Collins Ave · MLS A11387214 · Sold Apr 2024
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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, 5 units are for sale and 4 sold in the last 12 months at an average of $622 per SqFt. Unit 701 sold at $443 per SqFt, below 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.

