NOT LISTED FOR SALE

Tower House 5500 Collins Ave Unit 2202 Floor 22 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,741,000 - $2,035,000

2 Beds
3.5 Baths
2,827 Sq Ft
1974 Built

Sale Details

Date Sold: March 18, 2022

Last sale price $1,650,000 $584 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $14,669 / mo

189 Days on Market

Highlights

  • Doorman
  • Community Boat Dock
  • Property Fronts a Bay or Harbor
  • North Beach Elementary School Rated A-
  • Up to 70-Foot Boat
  • Bar or Lounge

About This Home

As of March 2022

EXCEPTIONALLY LARGE & SUNNY High Floor 2 Bedroom w/ Stunning Views! This Beautifully Remodeled & Spacious 2,827 SF residence at TowerHouse delivers SWEEPING VIEWS of Biscayne Bay, Miami Skyline & La Gorce Country Club. Oversized Living Areas offer Formal & Informal Dining, an Eat-In Kitchen, 2 Master Bathrooms w/ 2 Oversized Walk-In Closets, Exceptional Built-In Storage Spaces, & a Private Office. Stunning Wood Floors & Brand New A/C complete the experience! THE Building of choice for well-heeled Miami & NY families, TowerHouse prides itself on white glove personal service & attention to detail. Amenities include an On-Site Gourmet restaurant, Room Service, 24-Hr Doorman, Concierge, Heated Olympic Size pool, tennis court, fitness center, spa/sauna, a large dog park w/walking paths & valet!

Last Agent to Sell the Property

Stacy Robins

Stacy Robins Companies, Inc. License #3008087 Listed on: 08/30/2021

Last Buyer's Agent

Matt McMillan

Coldwell Banker Realty License #3083983

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,393

Year Built

  • Built in 1974

Lot Details

  • West Facing Home

HOA Fees

  • $3,053 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Property Views

  • Golf Course

Home Design

  • Entry on the 22nd floor
  • Pre-Cast Concrete Construction

Interior Spaces

  • 2,827 Sq Ft Home
  • Built-In Features
  • Formal Dining Room
  • Den
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Bidet
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Canal Width is 81-120 Feet
  • Up to 70-Foot Boat
  • Dock Available
  • Balcony

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-008-0810

Community Details

Overview

  • 84 Units
  • High-Rise Community
  • Towerhouse Condo
  • Towerhouse Condo Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers
  • 25-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Community Kitchen
  • Billiard Room
  • Community Center
  • Party Room
  • Community Library
  • Bar or Lounge
  • Interior Hall
  • Bike Room
  • Community Storage Space

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complete Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,393

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$3,053 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 22
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available, Dock Available,Electric Available,Up to 70 Ft Boat,WiFi Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TOWERHOUSE CONDO
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Interior Hall, Built-in Features, Laundry Tub, Roman Tub, Walk-In Closet(s), Den/Library/Office, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Carpet, Other, Wood
  • Furnished: Unfurnished
  • Living Area: 2827
  • Possible Use: Primary
  • Stories: 25
  • Window Features: Complete Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Separate Tub & Shower

Exterior Features

  • View: Golf View, Skyline, Water View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Pre-Cast Concrete Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Width 81-120 Feet
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: TOWERHOUSE CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Valet, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector, Doorman, Secured Garage/Parking, Other

Condo/Co-op/Association

  • Association Fee: 3053
  • Amenities: Bar, Bike Storage, Billiard Room, Boat Dock, Community Room, Exercise Room, Storage, Heated Pool, Kitchen Facilities, Library, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-14-008-0810
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11393

Multi Family

  • Maintenance Expense: 3053
  • Number Of Units In Community: 84
  • Number Of Units Total: 84

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
Aug 30, 2021
Closed on
Mar 17, 2022
Sold by
Bought by
Seller's Agent
Stacy Robins
Stacy Robins Companies, Inc.
Buyer's Agent
Matt McMillan
Coldwell Banker Realty
List Price
$1,999,999
Sold Price
$1,650,000
Premium/Discount to List
-$349,999
-17.5%
Current Estimated Value
$1,836,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,122
Avg. Annual Appreciation
2.54%
Original Mortgage
$1,050,000
Outstanding Balance
$983,654
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$852,468

Purchase Details

Listed on
Feb 19, 2021
Closed on
Apr 20, 2021
Sold by
Bought by
Seller's Agent
Judith Werner
Bold Miami, LLC
Buyer's Agent
Judith Werner
Bold Miami, LLC
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.90%

Purchase Details

Listed on
Jan 22, 2012
Closed on
Jun 4, 2012
Sold by
Bought by
Seller's Agent
Hope Fuller
Coldwell Banker Realty
Buyer's Agent
Jill Eber
Coldwell Banker Realty
List Price
$795,000
Sold Price
$795,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Apr 24, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$1,640,000 Robbins Marjorie F
$1,200,000 Attorney
$795,000 Attorney
$360,000 --
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
Open $1,050,000
Previous Owner $480,000
Previous Owner $480,000
Previous Owner $207,000
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
03/18/2022 03/18/22 Sold $1,650,000 -17.5% $584 / Sq Ft
02/21/2022 02/21/22 Pending -- -- --
08/16/2021 08/16/21 For Sale $1,999,999 +66.7% $707 / Sq Ft
04/20/2021 04/20/21 Sold $1,200,000 +4.3% $424 / Sq Ft View Prior Sale
02/18/2021 02/18/21 For Sale $1,150,000 +44.7% $407 / Sq Ft
06/05/2012 06/05/12 Sold $795,000 0.0% $281 / Sq Ft View Prior Sale
04/02/2012 04/02/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $795,000 -- $281 / 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 $20,615 $1,176,435 -- --
2024 $21,354 $1,143,280 -- --
2023 $21,354 $1,176,190 $0 $0
2022 $18,536 $864,600 $0 $0
2021 $15,176 $786,000 $0 $0
2020 $11,393 $629,785 $0 $0
2019 $11,130 $615,626 $0 $0
2018 $10,579 $604,148 $0 $0
2017 $10,481 $591,722 $0 $0
2016 $10,460 $579,552 $0 $0
2015 $10,592 $575,524 $0 $0
2014 $10,774 $570,957 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11088418

MIAMI REALTORS® MLS

APN: 02-3214-008-0810

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