Closed

Towerhouse, 5500 Collins Ave #1402, Miami Beach, FL 33140

1,499,000(-16.61% )
$1,250,000Price
3Beds
21/2Baths
2,827SqFt

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Details

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Status:
Sold - Dec 07, 2023
Parking: 2
Size: 2,827 SqFt (263 m2)
Price: $442/SqFt ($4,759/m2)
Type: Condo
Built: 1974
HOA: $3,495/MO
MLS Number: A11403677
View: Bay, Intercoastal, Water
On Site: 761 Days
Updated: 595 Days ago
Page Views: 0
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.
Features
Bedrooms
  • Bedrooms: 3
Bathrooms
  • Bathrooms: 2
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, Courtyard, TennisCourts
  • View: Bay, Intercoastal, Water
Interior, Heating and Cooling
  • Interior Features: WetBar, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, DualSinks, SeparateShower, Bar, WalkInClosets
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Refrigerator, Washer
  • Heating Description: Central
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Carpet,Other
  • Windows/Treatment: ImpactGlass
  • Year Built: 1974
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2023-06-29T16:16:48.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, Amenities, CommonAreas, CableTV, MaintenanceGrounds, MaintenanceStructure, Parking, PestControl, Pools, Security, Trash, Water
    • Taxes: 8697
    • Security Information: DoorMan, LobbySecured, Other
    • Parking Description: Guest, TwoorMoreSpaces, Valet
    • Total Floors in Building: 24

    Price History

    12/07/2023

    Date

    Sold

    Event

    $1.3M

    Price

    -16.61%

    Change Rate

    $442 ft2 / $4,759 m2

    Price Per

    06/14/2023

    Date

    Listed

    Event

    $1.5M

    Price

    $530 ft2 / $5,708 m2

    Price Per

    Price per square foot and days on website are not provided values and are calculated by Subdivisions.

    Listed by Menachem FelligCompass Florida, LLC. • Buyer Agency Compensation .

    Instant Comps

    $300/ft²
    $400/ft²
    $600/ft²
    $800/ft²

    Unit #1402 – Asking

    $442/ft²

    (-19%) from Closed Avg. $/ft²

    Closed Avg. $/ft²

    $548/ft²
    Community $/Price Range (Closed) $673/ft² – $673/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 18020/02,827$654WestIntercoastal, Bay, Water$1,850,0001/15/2024
    # 14020/02,827$442WestIntercoastal, Bay, Water$1,250,00012/1/2023
    Unit: # 1802
    Bed/Bath: 0/0Size SqFt: 2,827$/SqFt: $654Exposure: WestView: Intercoastal, Bay, WaterSold: $1,850,000Closed Date: 1/15/2024
    Unit: # 1402
    Bed/Bath: 0/0Size SqFt: 2,827$/SqFt: $442Exposure: WestView: Intercoastal, Bay, WaterSold: $1,250,000Closed Date: 12/1/2023
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