5500 Collins Avenue 1402, Miami Beach, FL 33140

Sold $1,250,000 · Dec 7, 2023

Last asking price $1,499,000 · 83.4% of asking · 106 days on market

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  • 3 beds
  • 2.5 baths
  • 2,827 sq ft
  • Condominium
  • Built 1974
  • HOA $3,495/mo
  • 2 garage spaces
  • Miami-Dade County
  • MLS# A11403677
  • Towerhouse Condo
Photo 1 at 5500 Collins Avenue 1402, Miami Beach

About this home

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Compass Florida, LLC · mlsfl@compass.com · Listing agent: Menachem Fellig

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Thinking of Selling Nearby?

5500 Collins Avenue 1402 sold on Dec 7, 2023. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home at Towerhouse with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Miami Beach. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 5500 Collins Avenue 1402

What did 5500 Collins Avenue 1402 sell for?
5500 Collins Avenue 1402 sold for $1,250,000 on Dec 7, 2023, about 83.4% of its last asking price of $1,499,000 and about $442 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 5500 Collins Avenue 1402?
The listing reported an association fee of $3,495 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 5500 Collins Avenue 1402?
The listing reported annual property taxes of $8,697 for 2022. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 5500 Collins Avenue 1402 built?
5500 Collins Avenue 1402 was built in 1974 and the listing describes its condition as resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 5500 Collins Avenue 1402 on the market?
5500 Collins Avenue 1402 was on the market for 106 days before it sold.
Is 5500 Collins Avenue 1402 waterfront?
Yes. The listing described the water as ocean access other bayfront intracoastal no fixed bridges.
Is 5500 Collins Avenue 1402 still for sale?
No. 5500 Collins Avenue 1402 sold on Dec 7, 2023. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

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A comparable condo, 5500 Collins Avenue 1502, Miami Beach, FL 33140, sold for $1,487,500 in December 2025. Miami Beach neighborhoods include Hibiscus Island and Palm Island. Nearby ZIP codes include 33109 and 33139. This property also neighbors North Bay Village, Surfside, and Bay Harbor Islands. Compare it with the Miami Beach housing market report.