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Sold
Sold on June 30, 2023

5500 Collins Ave, Unit 1602

$1,550,000
$1,350,000
2 Beds
4 Baths
2,827 sqft
0 Parkings
Tower House Condo
·

Miami-Dade

Maint. fee
$3,495
Annual Tax
$15,913
Occupancy
Vacant
Year Built
1975
Stories
25
Days on market
960 days ago

Description

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.*

Douglas Elliman

Features & Details

Learn about the features and details of 5500 Collins Ave, Unit 1602

Property Details

  • Property Type
    Condominium
  • Living Area
    2,827 sqft
  • Year Built
    1974
  • Lot Size
    -
  • Stories
    24 Stories
  • Annual Tax
    $15,913.00
  • List Date
    3/22/2023
  • Updated
    10/15/2025
  • Last Checked
    Recent
  • MLS Number
    #A11360145
  • Brokerage
    Douglas Elliman
  • Postal Code
    33140
  • Area
    Miami-Dade
  • City
    Miami Beach

Additional Property Features

  • Occupancy
    Vacant
  • List Price
    $1,550,000.00
  • Unit Number
    1602
  • Construction
    Other
  • Heating
    Heating
  • Fireplaces
    -
  • Garage
    2 Car Garage
  • Parking Type
    Twoor more spaces
  • Pets Allowed
    Conditional,Yes
  • Air Conditioning
    Central Air
  • Elevator
    No
  • Locker
    No
  • Swimming Pool
    Association
  • Patio
    No
  • Basement
    No
  • Den
    No
  • Central Vacuum
    No
  • Garage Type
    No

Additional Listing Information

  • Walk Score
  • Property Manager
    -
  • Utilities Included
    Water
  • Furnished
    No
  • Assessment Year
    2021
  • Assignment
    No
  • Extras Included
    Built in oven, Dryer, Dishwasher, Electric range, Microwave, Washer
  • Virtual Tour
    View virtual tour

Inside

  • Bedrooms & Baths
    2 Bed, 4 Bath
  • Bedrooms
    2
  • Full Bathrooms
    4
  • Ensuite
    Yes
  • Bathrooms
    4
  • Flooring
    Mixed

Price history

Learn about the price history of 5500 Collins Ave, Unit 1602

Amenities

Discover the amenities available at 5500 Collins Ave, Unit 1602

  • Fitness center
  • Pool
  • Tennis courts
  • Elevators

Building details

Check more details about the Tower House building

Main building photo
Tower House condo
For sale: 2
|
For rent: 0
View Details

Real estate trends

View trends of price in Miami Beach over the last 12 months

Explore Miami-Dade

Learn about the area around 5500 Collins Ave, Unit 1602

Mortgage Calculator
Estimate monthly payments for 1602 - 5500 Collins Ave
$0
20.0%
$1,550,000
1%
5.25%
10%
Estimated Monthly Payment

$7,431

Cash Flow Analysis
Mortgage Payment:
$7,430.67
Monthly Payment:
$12,251.76
Break Even Down Payment:
100%
Cash Flow
$0
Disclaimer: This calculator provides estimates for informational purposes only. Consult a financial advisor for personalized advice.

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About this property

Discover this elegant condominium in the heart of Millionaire's Row, Miami Beach. This well-appointed property offers 2 bedrooms, 4 bathrooms, 2,827 square feet of living space. secure building access, Central Air. Originally built in 1974 in a 24-story building. Offered at $1,550,000.00 Residents will appreciate the excellent amenities including Fitness center, Pool, Tennis courts, and Elevators. The property comes with Built in oven, Dryer, Dishwasher, Electric range, Microwave, Washer. Utilities included: water. Don't miss this opportunity to own in one of the area's most desirable locations.

FAQs About Tower House - 5500 Collins Ave, Unit 1602

5500 Collins Ave, Unit 1602, MLS® A11360145 has a size of 2827 sqft.

There are 2 bedrooms and 4 bathrooms in this Condo at 5500 Collins Ave, Unit 1602, MLS® A11360145.

Annual taxes for this home are $15,913 based on 2021 tax year reports.

The monthly maintenance fee covers water for the unit.

The building's pet policy is as follows: Conditional,Yes. Please contact the property manager or listing agent to confirm specific details, restrictions, and any associated fees that may apply.
Miami Association of REALTORS®
Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information.
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5500 Collins Ave, Unit 1602