5500 Collins Ave #503, Miami Beach, FL 33140
SOLDSEP 18, 2023

5500 Collins Ave #503
Miami Beach, FL 33140

Oceanfront
  • 2 Beds
  • 3 Baths
  • 2,827 sqft
  • 2 Beds
  • 3 Baths
  • 2,827 sqft

$1,100,000

Last Sold: Sep 18, 2023
8% below list $1.2M
$389/sqft
Est. Refi. Payment $6,657/mo*

Homes for Sale Near 5500 Collins Ave #503

Local Information

map showing home location
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-- mins to
Commute Destination

Description

This property is no longer available to rent or to buy. This description is from September 19, 2023
Presenting a unit with unlimited Floorplan potential and unobstructed views of Miami Beach Intracoastal, Biscayne Bay, and downtown Miami. This spacious floorplan has large living areas, perfect for entertaining with hurricane-impact windows and doors. The Tower House is a full-service building with a doorman and Concierge, 24-hour services, a private restaurant, and many more amenities.

Home Highlights

Parking
Garage
Outdoor
No Info
View
Canal, Intracoastal View, Ocean, Pool, Skyline, Tennis Court View, Water
HOA
None
Price/Sqft
$389/sqft
Listed
180+ days ago

Home Details for 5500 Collins Ave #503

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2827 Square Feet
Appliances & Utilities
Appliances: Trash Compactor, Dishwasher, Dryer, Electric Range, Refrigerator, WasherDishwasherDryerRefrigeratorWasher
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: ElectricHas HeatingHeating Fuel: Electric
Fireplace & Spa
Spa: Association
Windows, Doors, Floors & Walls
Window: Clear Impact Glass, Complete Impact GlassDoor: High Impact DoorsFlooring: Ceramic Tile, Other
Levels, Entrance, & Accessibility
Number of Stories: 25Entry Location: First Floor EntryElevatorFloors: Ceramic Tile, Other
View
Has a ViewView: Canal, Intracoastal View, Ocean, Pool, Skyline, Tennis Court View, Water
Security
Security: Complex Fenced, Other, TV Camera

Exterior Features

Exterior Home Features
Exterior: Open Balcony, Screened BalconyNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: 2 Or More Spaces,No Trucks/Trailers
Frontage
WaterfrontWaterfront: Canal Width 121 Feet Or More, Ocean AccessFrontage Type: Bay/HarborOn Waterfront
Farm & Range
Not Allowed to Raise Horses

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: ResidentialProperty Subtype: Condominium, ResidentialStructure Type: Condo 5+ Stories, CondoArchitecture: Coach Home
Building
Building Name: Towerhouse CondoConstruction Materials: Concrete Block With Brick, CBS ConstructionNot a New ConstructionAttached To Another Structure
Property Information
Usage of Home: Unknown/WithheldParcel Number: 0232140080180

Price & Status

Price
List Price: $1,200,000Price Per Sqft: $389/sqft
Status Change & Dates
Off Market Date: Mon Sep 18 2023Possession Timing: Funding

Active Status

MLS Status: Closed

Location

Direction & Address
City: Miami BeachCommunity: Towerhouse Condo

Building

Building Area
Building Area: 2827 Square Feet

HOA

Association for this Listing: A-Miami Association of REALTORSHas an HOA

Offer

Contingencies: Pending InspectionsListing Terms: All Cash, Conventional, FHA

Energy

Energy Efficiency Features: Windows

Compensation

Buyer Agency Commission: 3.0%Buyer Agency Commission Type: %Sub Agency Commission: 1.0%Sub Agency Commission Type: %Transaction Broker Commission: 3.0%Transaction Broker Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Rental

Rent Includes: Air Conditioning Maintenance, Cable Tv, Landscaping/Lawn Maintenance, Manager, Parking, Pest Control Interior, Pool Service, Recreation Facilities, Reserve Fund, Security, Sewer, Trash Removal, Water

Miscellaneous

Mls Number: A11390861Water ViewWater View: Canal, Intracoastal View, Ocean, Water

Additional Information

HOA Amenities: Airport/Runway,Bike Storage,Boat Dock,Barbecue
Last check for updates: about 8 hours ago
Listed by Carolina Gil, (786) 239-0155
Caralex Intl Realty Group Corp
Alejandro Gil, (786) 925-5236
Caralex Intl Realty Group Corp
Bought with: Andrew Katz, (917) 767-7000, Howard Chase Real Estate, LLC
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A11390861

Price History for 5500 Collins Ave #503

DatePriceEventSource
09/18/2023$1,100,000Sold
MIAMI #A11390861
08/22/2023$1,200,000ContingentMIAMI #A11390861
07/17/2023$1,200,000PendingToActiveMIAMI #A11390861
07/12/2023$1,200,000PendingMIAMI #A11390861
06/23/2023$1,200,000Listed For SaleMIAMI #A11390861
12/13/1994$380,000Sold
N/A

Property Taxes and Assessment

Year2023
Tax$19,238
Assessment$1,178,290
Home facts updated by county records

Comparable Sales for 5500 Collins Ave #503

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.00
Condo
$1,350,000
06/30/23
2
4
2,827
0.00
Condo
$1,250,000
12/07/23
3
3
2,827
0.00
Condo
$2,050,000
01/16/24
2
3
2,827
0.27
Condo
$1,125,000
02/29/24
2
3
2,534
0.27
Condo
$1,075,000
02/01/24
2
3
2,534
0.21
Condo
$950,000
12/12/23
2
3
2,210
0.27
Condo
$910,000
07/17/23
2
3
2,534
0.22
Condo
$875,000
10/24/23
2
3
2,210
0.27
Condo
$850,000
07/14/23
2
3
2,534

Assigned Schools

These are the assigned schools for 5500 Collins Ave #503.
GreatSchools ratings are based on test scores and additional metrics when available.
Check with the applicable school district prior to making a decision based on these schools. Learn more.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Oceanfront

  • Trulia User
    "Beautiful community well-maintained one of the places you want to bring your family on a good vacation"
    1
    Flag
  • Trulia User
    "Very safe place, it’s very friendly neighborhood and a lots places nice. They love the animals, they take this place "
    0
    Flag
  • Julian.orbon
    "The beach is a great place for families. Lots to do and the city provides areas for bbq, volleyball, bikes, roller skating and there are a number of playgrounds. "
    2
    Flag
  • Juan C.
    "It is a wonderful city with lots to do. Much more than a sports town it offers lots of outdoor activities plus great restaurants,beaches, boating and great parks etc. "
    2
    Flag
  • Julian.orbon
    "There are parks, beaches and playgrounds in the neighborhood. All are well maintained and well lit. Good place for younger kids, and a great public school. "
    0
    Flag
  • Julian.orbon
    "There are places to walk the dog, but no dog park in walking distance. Dogs need to be leashed on the beach And mist of the breeds you see are smaller dogs. Few large dogs. "
    0
    Flag
  • Lena P.
    "Full cost with all payments neighborhood with market, rental car, hospital, markets, restaurants , area for children"
    0
    Flag
  • Alanys C.
    "Very easy commute. The trolleys are free and go almost everywhere. I was able to go to work everyday for free."
    0
    Flag
  • Lucia C.
    "I love living here.. is safe .. friendly With lots of light.. nice beach close to supermarket buses wi fi around bars restaurants buses to Orlando to key west close to Miami airport easy to get Uber "
    7
    Flag
  • Ailema A.
    "My neighborhood has great access to public transportation to go in and out of the Beach And it’s very friendly"
    1
    Flag
  • Lucia C.
    "I love the neyghborhood is very safe .. for everyone you c do sport ride bike rollers running go to the beach the beach always have a nice people "
    1
    Flag
  • M.b.
    "There is a nice playground for kids in the park along the beach. There are always lots of kids and it is relaxing for parents. "
    1
    Flag
  • Nadya G.
    "There are good public play grounds and the broadwalk is awasome for long walks! The neighborhood looks kids friendly and safe "
    0
    Flag
  • Janzavala95
    "I've lived in this neighborhood for 5 years now and I love it, this neighborhood has a movie theator, parks,shopping and foods of all kind. see you soon."
    3
    Flag
  • Benjamin G.
    "Full moon parties, water sports, yoga, fishing trips, scuba diving, fitness classes, paddle boarding, local festivals, sporting events. "
    0
    Flag
  • Trulia User
    "The people is what usually makes any area unique, plus all the buildings and shops around. Other than that it an average place for people who live here, but exotic for those who visit "
    2
    Flag
  • Peter
    "Close by the sea and walking distence from South Beach, shops and reastaurant. And the mix of residence and tourists."
    0
    Flag
  • Juliesus P.
    "The areas dogs can walk around, but they won’t like some of the neighbors. My family and I walk my dog every day and so far no problems. "
    0
    Flag
  • Patrick H.
    "There is easy access to the ocean walk and easy to get to a variety of restaurants. The neighborhood will soon get a stand alone Starbucks steps away from the ocean."
    0
    Flag
  • Philiprodriguezmd
    "I love my oceanfront building and neighborhood , so very close to the beach, restaurants and stores. I also love meeting nice people and tourists from all over the world at the beach and hotels nearby. It is a privilege to welcome everyone who comes to visit us and enjoy our beaches. I also enjoy my early evening at the boardwalk"
    5
    Flag
  • Veronica
    "City and wild life together. Miami Beach is a vibrant city while still being able to enjoy a peaceful life "
    0
    Flag
  • Mott K.
    "Close to all the action and happenings of SoBe, yet just a short hop from it all."
    0
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Homes for Rent Near 5500 Collins Ave #503

Off Market Homes Near 5500 Collins Ave #503

5500 Collins Ave #503, Miami Beach, FL 33140 is a 2 bedroom, 3 bathroom, 2,827 sqft condo built in 1974. 5500 Collins Ave #503 is located in Oceanfront, Miami Beach. This property is not currently available for sale. 5500 Collins Ave #503 was last sold on Sep 18, 2023 for $1,100,000 (8% lower than the asking price of $1,200,000). The current Trulia Estimate for 5500 Collins Ave #503 is $1,440,700.