NOT LISTED FOR SALE

Tower House 5500 Collins Ave Unit 1802 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,783,405 - $1,949,000

2 Beds
2.5 Baths
2,827 Sq Ft
1974 Built

Sale Details

Date Sold: January 16, 2024

Last sale price $2,050,000 $725 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $15,612 / mo

132 Days on Market

Highlights

  • Doorman
  • Community Boat Dock
  • Intracoastal View
  • North Beach Elementary School Rated A-
  • Bar or Lounge
  • Sitting Area In Primary Bedroom

About This Home

As of January 2024

Discover this waterfront paradise in this fully remodeled 2-bedroom, 2.5-bathroom, private storage and 2,827 sqft condo on Indian Creek. With a private 40ft dock on the property and beach within walking distance, it's the perfect blend of coastal living and luxury. The interior boasts elegance and comfort, from open-concept living spaces to a gourmet kitchen and spa-like master suite. Enjoy resort-style amenities including a pool, gym, restaurant, and clubroom, with complimentary valet and concierge services. This home provides the perfect blend of elegance and leisure for you and your family. Don't miss this opportunity to experience the best of Miami Beach waterfront living! This residence can only be rented after 5 years of ownership.

Last Agent to Sell the Property

Lisa Snider

One Sotheby's International Realty License #3480311 Listed on: 09/05/2023

One Sotheby's International Realty

Co-Listed By

Neila Rudden

One Sotheby's International Realty License #3440535

Last Buyer's Agent

Adrian Burke

One Sotheby's International Realty License #3317897

One Sotheby's International Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,258

Year Built

  • Built in 1974

HOA Fees

  • $3,321 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Entry on the 18th floor
  • Concrete Block With Brick
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,827 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • French Doors
  • Marble Flooring
  • Dryer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Home Security

  • Security Fence, Lighting or Alarms
  • Video Cameras

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Screened Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-008-0650

Community Details

Overview

  • High-Rise Community
  • Towerhouse Condo
  • Towerhouse Condo Subdivision
  • 25-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Business Center
  • Bar or Lounge
  • Bike Room

Recreation

  • Community Boat Dock

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,258

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$3,321 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: OSIR22
  • Co List Office Phone: 305-935-0300
  • Directions: Please use GPS
  • Entry Level: 18
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TOWERHOUSE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Other Equipment/Appliances, Electric Range, Refrigerator
  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors, Fire Sprinklers, French Doors, Other
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors, French Doors
  • Flooring: Marble, Other
  • Furnished: Furnished
  • Living Area: 2827
  • Possible Use: Unknown/Withheld
  • Stories: 25
  • Bedroom Features: Other, Primary Bath Shower, Primary Bath Tub, Sitting Area - Primary Bedroom
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Intracoastal View, Other View
  • Exterior Features: East Of Us1, Other, Open Balcony, Screened Balcony
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TowerHouse Condo
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Fuse Box
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Doorman, TV Camera, Unit Alarm

Condo/Co-op/Association

  • Association Fee: 3321
  • Amenities: Bar, Bike Storage, Boat Dock, Barbecue, Business Center, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-008-0650
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16258

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Jan 15, 2024
Sold by
Ghite Sorin-Voicu and Ghite Olimpia-Cristina
Bought by
Seller's Agent
Lisa Snider
One Sotheby's International Realty
Buyer's Agent
Adrian Burke
One Sotheby's International Realty
List Price
$2,495,000
Sold Price
$2,050,000
Premium/Discount to List
-$445,000
-17.84%
Views
59
Current Estimated Value
$1,847,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$202,721
Avg. Annual Appreciation
-3.56%

Purchase Details

Closed on
Nov 30, 2018
Sold by
Ghite Sorin Voicu
Bought by
Ghite Sorin Voicu and Ghite Olimpia Cristina

Purchase Details

Closed on
Feb 22, 2010
Sold by
Bajaroff Daniel and Bajaroff Keren
Bought by
Ghite Sorin Voicu
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Oceanfront, FL

  • Marvin Anhalt Real Estate Agent - Anhalt Realty

    Marvin Anhalt

    Anhalt Realty

    (551) 266-5984

    29 Total Sales

    1 in Oceanfront

    $221,000 Price

    Marvin Anhalt
     Section Image
  • Andres Rodriguez Real Estate Agent - Enkasa, Inc.

    Andres Rodriguez

    Enkasa, Inc.

    (786) 761-1715

    54 Total Sales

    1 in Oceanfront

    $368,000 Price

    Andres Rodriguez
     Section Image
  • Andrea Andrada Real Estate Agent - Coppola Intl Realty LLC

    Andrea Andrada

    Coppola Intl Realty LLC

    (786) 244-2219

    62 Total Sales

    2 in Oceanfront

    $425,000 Price Range

    Andrea Andrada
     Section Image
  • Victoria Brisky Real Estate Agent - Urdapilleta Real Estate, LLC

    Victoria Brisky

    Urdapilleta Real Estate, LLC

    (786) 741-7902

    25 Total Sales

    1 in Oceanfront

    $800,000 Price

    Victoria Brisky
     Section Image
  • Anna Zibaryeva Real Estate Agent - Trident Real Estate, Inc

    Anna Zibaryeva

    Trident Real Estate, Inc

    (929) 374-2470

    48 Total Sales

    1 in Oceanfront

    $535,000 Price

    Anna Zibaryeva
     Section Image
  • Duniel Garcia Real Estate Agent - Keller Williams Realty SW

    Duniel Garcia

    Keller Williams Realty SW

    (786) 814-1310

    35 Total Sales

    3 in Oceanfront

    $525K - $1.1M Price Range

    Duniel Garcia
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,850,000 Rte Title
Ghite Sorin Voicu -- Attorney
Ghite Sorin Voicu $505,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $210,000
Previous Owner Bajaroff Daniel $500,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/16/2024 01/16/24 Sold $2,050,000 -17.8% $725 / Sq Ft
09/05/2023 09/05/23 For Sale $2,495,000 -- $883 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,764 $1,373,338
2024 $19,905 $992,926
2023 $19,905 $902,660 $0 $0
2022 $16,258 $820,600 $0 $0
2021 $14,404 $746,000 $0 $0
2020 $14,442 $746,000 $0 $0
2019 $17,970 $1,030,623 $0 $0
2018 $15,822 $936,930 $0 $0
2017 $16,824 $716,481 $0 $0
2016 $14,743 $651,347 $0 $0
2015 $14,356 $592,134 $0 $0
2014 $12,179 $538,304 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • LS

    Seller's Agent in 2024

    Lisa Snider

    One Sotheby's International Realty

    (516) 413-4810

    2 in this area

    24 Total Sales

    Lisa Snider
    Section Image
  • Neila Rudden Real Estate Agent - One Sotheby's International Realty

    Seller Co-Listing Agent in 2024

    Neila Rudden

    One Sotheby's International Realty

    (917) 703-1068

    4 in this area

    39 Total Sales

    Neila Rudden
    Section Image
  • Adrian Burke Real Estate Agent - One Sotheby's International Realty

    Buyer's Agent in 2024

    Adrian Burke

    One Sotheby's International Realty

    (305) 397-4733

    2 in this area

    45 Total Sales

    Adrian Burke
    Section Image
See All Agents

About Tower House

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11445872

MIAMI REALTORS® MLS

APN: 02-3214-008-0650

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5500 Collins Ave Unit 1802, Miami Beach, FL

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.