NOT LISTED FOR SALE

Tower House 5500 Collins Ave Unit 2101 Floor 21 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,576,000 - $1,950,000

3 Beds
3.5 Baths
2,868 Sq Ft
1974 Built

Sale Details

Date Sold: June 20, 2018

Last sale price $1,125,000 $392 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $11,744 / mo

315 Days on Market

Highlights

  • Doorman
  • Marina
  • Community Boat Dock
  • North Beach Elementary School Rated A-
  • Ocean View
  • Property fronts an intracoastal waterway

About This Home

As of June 2018

DRASTIC PRICE REDUCTION!
Beautifully renovated luxury apartment in the sky. Sweeping 270 degree views treat you to breathtaking sunrise and sunset!
Wrap-around balcony, Elegant floors throughout, finished closets and an open kitchen that does not sacrifice functionality for form.
This 3 bedroom 4.5 baths is a MUST SEE!!!

Last Agent to Sell the Property

Sharona Litwin

REALTY 24/7 CO License #3155184 Listed on: 07/31/2017

Last Buyer's Agent

Sharona Litwin

REALTY 24/7 CO License #3155184 Listed on: 07/31/2017

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,526

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • End Unit
  • Fenced

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Property Views

Home Design

  • Entry on the 21st floor

Interior Spaces

  • 2,868 Sq Ft Home
  • Built-In Features

Kitchen

  • Electric Range
  • Dishwasher
  • Cooking Island

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Additional Features

  • Unrestricted saltwater access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-008-0760

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Community
  • Towerhouse Condo
  • 23-Story Property

Amenities

  • Doorman
  • Elevator
  • Secure Lobby

Recreation

  • Community Boat Dock
  • Marina

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $2,958

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,526

Year Built

Built in 1974 | Remodeled

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 21
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Marble
  • Furnished: Unfurnished
  • Living Area: 2868
  • Possible Use: Secondary
  • Stories: 23
  • Bedroom Features: Entry Level

Exterior Features

  • View: Intracoastal View, Ocean View
  • Fencing: Fenced
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TOWERHOUSE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Amenities: Boat Dock, Elevator(s), Exercise Room, Heated Pool, Marina, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-008-0760
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 16526

Multi Family

  • Maintenance Expense: 2958

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

Closed on
May 15, 2024
Sold by
Ifrah Alain Jeff and Ifrah Barbara
Bought by
Current Estimated Value
$1,787,780

Purchase Details

Listed on
Jul 31, 2017
Closed on
Jun 1, 2018
Sold by
Inversora Retilur Usa Llc
Bought by
Ifrah Alain Jeff and Ifrah Barbara
Seller's Agent
Sharona Litwin
REALTY 24/7 CO
Buyer's Agent
Sharona Litwin
REALTY 24/7 CO
List Price
$1,499,000
Sold Price
$1,125,000
Premium/Discount to List
-$374,000
-24.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$843,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2016
Closed on
Jan 6, 2017
Sold by
The Bank Of New York Mellon
Bought by
Inversora Retilur Usa Llc
Buyer's Agent
Sharona Litwin
REALTY 24/7 CO
List Price
$993,200
Sold Price
$864,500
Premium/Discount to List
-$128,700
-12.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.03%

Purchase Details

Closed on
Aug 18, 2016
Sold by
Kofsky Martin
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 23, 2005
Sold by
Lezan S A
Bought by
Kofsky Martin and Kofsky Marlisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac
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

  • Silvia Coltrane Real Estate Agent - The Corcoran Group

    Silvia Coltrane

    The Corcoran Group

    (888) 618-6209

    23 Total Sales

    1 in Oceanfront

    $1,685,000 Price

    Silvia Coltrane
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  • Luis Apa Real Estate Agent - NV Realty

    Luis Apa

    NV Realty

    (786) 321-2920

    74 Total Sales

    1 in Oceanfront

    $680,000 Price

    Luis Apa
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  • Nick Quay Real Estate Agent - Real Broker LLC

    Nick Quay

    Real Broker LLC

    (786) 321-8564

    32 Total Sales

    2 in Oceanfront

    $1,050,000 Price Range

    Nick Quay
     Section Image
  • Rodes Robinson Real Estate Agent - Compass Florida LLC

    Rodes Robinson

    Compass Florida LLC

    (561) 250-0959

    49 Total Sales

    2 in Oceanfront

    $6,100,000 Price Range

    Rodes Robinson
     Section Image
  • Kristina Gugunava Real Estate Agent - Compass Florida, LLC

    Kristina Gugunava

    Compass Florida, LLC

    (855) 305-3466

    25 Total Sales

    4 in Oceanfront

    $290K - $700K Price Range

    Kristina Gugunava
     Section Image
  • Moises Worthalter PA Real Estate Agent - Compass Florida, LLC

    Moises Worthalter PA

    Compass Florida, LLC

    (866) 730-5576

    22 Total Sales

    1 in Oceanfront

    $670,000 Price

    Moises Worthalter PA
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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
-- None Listed On Document
Ifrah Alain Jeff $1,125,000 Attorney
Inversora Retilur Usa Llc $864,500 Shore To Shore Title Llc
The Bank Of New York Mellon $781,200 None Available
Kofsky Martin $690,000 Ovt Title
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 $843,750
Previous Owner Kofsky Martin $840,000
Previous Owner Kofsky Martin $552,000
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 Prior Sale
06/20/2018 06/20/18 Sold $1,125,000 -6.2% $392 / Sq Ft
06/10/2018 06/10/18 Pending -- -- --
04/25/2018 04/25/18 Price Changed $1,199,000 -6.0% $418 / Sq Ft
03/05/2018 03/05/18 Price Changed $1,275,000 -1.5% $445 / Sq Ft
02/19/2018 02/19/18 Price Changed $1,295,000 -0.3% $452 / Sq Ft
01/08/2018 01/08/18 Price Changed $1,299,000 -5.5% $453 / Sq Ft
12/31/2017 12/31/17 Price Changed $1,375,000 -1.7% $479 / Sq Ft
12/18/2017 12/18/17 Price Changed $1,399,000 -1.4% $488 / Sq Ft
11/26/2017 11/26/17 Price Changed $1,419,000 -3.8% $495 / Sq Ft
10/31/2017 10/31/17 Price Changed $1,475,000 -1.6% $514 / Sq Ft
09/24/2017 09/24/17 Price Changed $1,499,000 -3.3% $523 / Sq Ft
08/02/2017 08/02/17 Price Changed $1,550,000 +3.4% $540 / Sq Ft
07/30/2017 07/30/17 For Sale $1,499,000 +73.4% $523 / Sq Ft
01/31/2017 01/31/17 Sold $864,500 -13.0% $301 / Sq Ft View Prior Sale
11/17/2016 11/17/16 Pending -- -- --
09/17/2016 09/17/16 For Sale $993,200 -- $346 / 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 $27,075 $1,133,506
2024 $20,698 $1,030,460
2023 $20,698 $936,782 $0 $0
2022 $16,679 $851,620 $0 $0
2021 $14,948 $774,200 $0 $0
2020 $14,347 $741,100 $0 $0
2019 $16,975 $875,968 $0 $0
2018 $18,718 $995,418 $0 $0
2017 $29,163 $1,531,412 $0 $0
2016 $16,526 $624,335 $0 $0
2015 $16,250 $567,578 $0 $0
2014 $13,884 $515,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • SL

    Seller's Agent in 2018

    Sharona Litwin

    REALTY 24/7 CO

    (305) 893-6894

    14 in this area

    41 Total Sales

    Sharona Litwin
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About Tower House

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10318990

MIAMI REALTORS® MLS

APN: 02-3214-008-0760

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5500 Collins Ave Unit 2101, 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.

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