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Towerhouse, 5500 Collins Ave #1602, Miami Beach, FL 33140

1,550,000(-12.9% )
2Beds
31/2Baths
2,827SqFt

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Details

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Status:
Sold - Jun 30, 2023
Parking: 2
Size: 2,827 SqFt (263 m2)
Price: $478/SqFt ($5,140/m2)
Type: Condo
Built: 1974
HOA: $3,495/MO
MLS Number: A11360145
View: Bay,Canal,City
On Site: 944 Days
Updated: 839 Days ago
Page Views: 0
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.*
Features
Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 3
  • Half Bathrooms: 1
Exterior and Lot Features
  • View: Bay,Canal,City
Interior, Heating and Cooling
  • Interior Features: BreakfastArea, DiningArea, SeparateFormalDiningRoom, EatinKitchen, LivingDiningRoom, Other
  • Equipment / Appliances: BuiltInOven, Dryer, Dishwasher, ElectricRange, Microwave, Washer
  • Heating Description: None
  • Cooling Description: CentralAir
Building and Construction
  • Floor Description: Other
  • Year Built: 1974
  • Year Built Description: Resale
  • Style: Other
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: 2
    • Listing Date: 2023-03-22T13:09:50.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, CommonAreas, HotWater, Pools, Sewer, Security, Trash, Water
    • Taxes: 15913
    • Security Information: SmokeDetectors
    • Parking Description: TwoorMoreSpaces
    • Total Floors in Building: 24

    Price History

    06/30/2023

    Date

    Sold

    Event

    $1.4M

    Price

    -12.9%

    Change Rate

    $478 ft2 / $5,140 m2

    Price Per

    05/16/2023

    Date

    Price Reduced

    Event

    $1.6M

    Price

    -13.65%

    Change Rate

    $548 ft2 / $5,902 m2

    Price Per

    03/21/2023

    Date

    Listed

    Event

    $1.8M

    Price

    $635 ft2 / $6,835 m2

    Price Per

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

    Listed by Andrew CohenDouglas Elliman • Buyer Agency Compensation .

    Instant Comps

    $300/ft²
    $400/ft²
    $600/ft²
    $800/ft²
    $1.4M

    Unit #1602 – $478/ft²

    (-24%) from Closed Avg.

    $1.8M

    Closed Avg. $626/ft²

    Community $/Price Range (Closed) $626/ft² – $673/ft²
    UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
    # 23022/32,827$626WestCanal$1,770,0009/12/2025
    Preview
    Unit: # 2302
    Bed/Bath: 2/3
    Size SqFt: 2,827
    $/SqFt: $626
    Exposure: West
    View: Canal
    Sold: $1,770,000
    Closed Date: 9/12/2025
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