Tower House Unit 1402 Sold
Property Details
| Sold Price | $1,250,000 |
|---|---|
| Last Asking Price | $1,499,000 |
| Price per SqFt | $442 |
| Maintenance Fee | $3,495 Monthly |
| Property Taxes | $8,697 2022 |
| Interior Space | 2,827 SqFt |
| Beds/Baths | 3/2½ |
| Year Built | 1974 |
| Closed Date | 12/7/2023 |
| MLS # | A11403677 |
Location
From the listing
Nestled in the heart of Millionaire's row, uncover the exquisite Towerhouse Condo located at 5500 Collins Ave. This luxurious building has a 24 hour doorman, valet parking, dock, in-house restaurant, concierge, pool, fitness center, tennis court and a vital course. The unit spans an impressive 2,827 sqft and presents a fantastic opportunity for a complete renovation, with the potential to effortlessly transform it into a 3BD condo. The opulent unit has floor to ceiling windows from every room so you don't miss a single moment of the breathtaking Biscayne Bay and Miami Skyline views. Recently completed, the glass balconies allow you to enjoy peaceful mornings or relaxing evenings in the deep open balcony. This is an incredible opportunity to turn this unit into the condo of your dreams.
Listed by Compass Florida, LLC
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $3,495 a month; taxes $8,697 for 2022. MLS figures, which may not be accurate.
Sales History for This Unit · Tower House Unit 1402
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 |
| 701 | $1,270,000$443/SqFt | 98% | 4/29/24 |
| 904 | $1,712,500$597/SqFt | 88% | 4/11/24 |
| 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 Compass Florida, LLC. 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 1402, 5500 Collins Ave · MLS A11403677 · Sold Dec 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 1402 sold at $442 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.