NOT LISTED FOR SALE

Tower House 5500 Collins Ave Unit 1504 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,620,000 - $2,119,000

3 Beds
3.5 Baths
2,868 Sq Ft
$2,506/mo HOA Fee

Last Sold August 14, 2012

Last sale price $910,000 $317 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $13,397/month

5 Days on Market

Highlights

  • Doorman
  • Marina
  • Deeded Boat Dock
  • North Beach Elementary School Rated A-
  • Property has ocean access
  • Home fronts navigable water

About This Home

As of August 2012

Spectacular views from this exquisitely furnished 3BR/3.5 BA unit at the prestigious Tower House condominium. The best line in the building with wrap-around terraces and unobstructed views of the sunset, Indian Creek Waterway and the ocean. Fine marble fl oors, fully equipped kitchen with top-of-the-line appliances. Maintenance fee incl. electric, premium cable, high speed internet. 2 deeded docks available separately, Building amenities incl. full size gym, tennis court & 2 restaurants.

Last Agent to Sell the Property

Jill Hertzberg

Coldwell Banker Realty License #0551544 Listed on: 06/19/2012

Coldwell Banker Realty

Co-Listed By

Hillary Hertzberg

Coldwell Banker Realty License #3251628

Last Buyer's Agent

Saundra Dubbin Lieber

MMLS Assoc.-Inactive Member License #0143548

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,018

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Southwest Facing Home

HOA Fees

  • $2,506 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Property Views

  • Golf Course

Home Design

  • Entry on the 15th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,868 Sq Ft Home
  • Furnished
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Deeded Boat Dock
  • Balcony

Additional Features

  • Handicap Accessible
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-008-0550

Community Details

Overview

  • 84 Units
  • High-Rise Condominium
  • Tower House Condo
  • Tower House Subdivision
  • 24-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill

Recreation

  • Marina
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,018

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$2,506 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 15
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Dock,Dock Available,Private Dock,Unrestricted Salt Water Access
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TOWER HOUSE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Fire Sprinklers, Entrance Foyer, Handicap Accessible, Pantry, Walk-In Closet(s)
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble
  • Furnished: Furnished, Unfurnished
  • Living Area: 2868
  • Possible Use: Primary
  • Stories: 24
  • Window Features: Sliding
  • Bedroom Features: Entry Level, Sitting Area - Primary Bedroom, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Master Bathroom Features: 2 Primary Bathrooms, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Golf View, Intracoastal View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Intracoastal Front, Navigable Water, No Fixed Bridges, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TOWER HOUSE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 2506
  • Amenities: Barbecue, Heated Pool, Marina, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-008-0550
  • Lot Size Sq Ft: 70132
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 2506
  • Number Of Units In Community: 84
  • Number Of Units Total: 84

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 7018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2012
Closed on
Aug 14, 2012
Sold by
Carlin Audre
Bought by
Glottman Dalia
Seller's Agent
Jill Hertzberg
Coldwell Banker Realty
Buyer's Agent
Saundra Dubbin Lieber
MMLS Assoc.-Inactive Member
List Price
$910,000
Sold Price
$910,000
Current Estimated Value
$1,776,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$866,838
Avg. Annual Appreciation
5.20%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Schultz Andrew
Bought by
Carlin Audre

Purchase Details

Closed on
Oct 17, 2003
Sold by
Jtc Llc
Bought by
Schultz Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
4.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 19, 2002
Sold by
Edith K Brown I
Bought by
Jtc Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Glottman Dalia $910,000 --
Carlin Audre $710,000 Attorney
Schultz Andrew $515,000 --
Jtc Llc $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schultz Andrew $412,000
Closed Schultz Andrew $51,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2012 08/14/12 Sold $910,000 0.0% $317 / Sq Ft
06/25/2012 06/25/12 Pending -- -- --
06/19/2012 06/19/12 For Sale $910,000 -- $317 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,864 $1,054,298 -- --
2024 $19,362 $958,453 -- --
2023 $19,362 $871,321 $0 $0
2022 $15,616 $792,110 $0 $0
2021 $13,904 $720,100 $0 $0
2020 $13,310 $687,500 $0 $0
2019 $15,748 $812,640 $0 $0
2018 $16,216 $923,455 $0 $0
2017 $19,009 $752,955 $0 $0
2016 $16,606 $684,505 $0 $0
2015 $16,243 $622,278 $0 $0
2014 $13,954 $565,708 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jill Hertzberg

    Seller's Agent in 2012

    Jill Hertzberg

    Coldwell Banker Realty

    (305) 788-5455

    11 in this area

    176 Total Sales

    Jill Hertzberg
    Section Image
  • Hillary Hertzberg

    Seller Co-Listing Agent in 2012

    Hillary Hertzberg

    Coldwell Banker Realty

    (305) 341-7489

    64 Total Sales

    Hillary Hertzberg
    Section Image

  • S

    Buyer's Agent in 2012

    Saundra Dubbin Lieber

    MMLS Assoc.-Inactive Member

    Section Image
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About Tower House

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1654963

MIAMI REALTORS® MLS

APN: 02-3214-008-0550

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5500 Collins Ave Unit 1504, Miami Beach, FL

This home is located at 5500 Collins Ave Unit 1504, Miami Beach, FL 33140 since 19 June 2012 and is currently estimated at $1,776,838, approximately $619 per square foot. This property was built in 1974. 5500 Collins Ave Unit 1504 is a home located in Miami-Dade County with nearby schools including North Beach Elementary School, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS 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.

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