NOT LISTED FOR SALE

Tower House 5500 Collins Ave Unit 404 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,470,000 - $1,993,000

3 Beds
3.5 Baths
2,868 Sq Ft
$3,107/mo HOA Fee

Last Sold June 09, 2022

Last sale price $1,700,000 $593 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,389/month

75 Days on Market

Highlights

  • Doorman
  • Dock Available
  • Fitness Center
  • North Beach Elementary School Rated A-
  • Property Fronts a Bay or Harbor
  • Two Primary Bathrooms

About This Home

As of June 2022

This spacious “home” boasts 2868sf with unobstructed views of Miami Beach intercoastal, Biscayne Bay and downtown Miami with spectacular views!! Updates throughout!!
The Tower House is a white glove, full service building including doorman, concierge, 24 hour services, private restaurant and more amenities. Only 83 units in total.
Maintenance includes, A/C, hot water, full cable and high speed internet and a $200 credit towards the restaurant. 24 hour notice to show.

Last Agent to Sell the Property

Vicki Miller

Coldwell Banker Realty License #0502094 Listed on: 11/18/2021

Coldwell Banker Realty

Last Buyer's Agent

Nancy Uhlman

MMLS Assoc.-Inactive Member License #3191380

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,894

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • End Unit
  • West Facing Home

HOA Fees

  • $3,107 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Property Views

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,868 Sq Ft Home
  • Furniture for Sale
  • Built-In Features
  • Bar
  • Blinds
  • Formal Dining Room
  • Den
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Two Primary Bathrooms
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

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

Home Security

Outdoor Features

  • No Fixed Bridges
  • Canal Width is 81-120 Feet
  • Dock Available
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-14-008-0150

Community Details

Overview

  • High-Rise Condominium
  • Towerhouse Condos
  • Towerhouse Condo Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers

Amenities

  • Doorman
  • Valet Parking
  • Trash Chute
  • Secure Lobby
  • Community Storage Space

Recreation

Pet Policy

  • Breed Restrictions

Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,894

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$3,107 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available
  • 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
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Built-in Features, Closet Cabinetry, Laundry Tub, Den/Library/Office, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Carpet, Marble
  • Furnished: Furniture For Sale
  • Living Area: 2868
  • Possible Use: Unknown/Withheld
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: 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: Bay, Canal, Pool Area View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Canal Width 81-120 Feet, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: TOWERHOUSE
  • 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
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Fire Alarm, Doorman, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3107
  • Amenities: Exercise Room, Storage, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 02-32-14-008-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Jun 9, 2022
Sold by
Samuel Weissman
Bought by
Frankel Judah and Frankel Freeda
Seller's Agent
Vicki Miller
Coldwell Banker Realty
Buyer's Agent
Nancy Uhlman
MMLS Assoc.-Inactive Member
List Price
$1,845,000
Sold Price
$1,700,000
Premium/Discount to List
-$145,000
-7.86%
Current Estimated Value
$1,678,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,141
Avg. Annual Appreciation
-0.37%

Purchase Details

Closed on
Oct 25, 2021
Sold by
Howard Melvin and Howard Vivien Weissman
Bought by
Howard Vivien Weissman

Purchase Details

Closed on
Jun 5, 2019
Sold by
Weissman Howard Melvin and Weissman Howard Vivien
Bought by
Weissman Howard Melvin and Weissman Howard Vivien

Purchase Details

Closed on
Aug 23, 2005
Sold by
Pallot Hermine and Hermelee Bruce G
Bought by
Howard Melvin

Purchase Details

Closed on
Mar 17, 1999
Sold by
Geller Graciela E and Rosenblum Horacio B
Bought by
Redes Santiago M and Lavagna Maria S
Source: Public Records

Range of Values:

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

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
Frankel Judah $1,700,000 Pardo Jackson Gainsburg Pl
Howard Vivien Weissman -- Attorney
Weissman Howard Melvin -- Attorney
Howard Melvin $750,000 --
Redes Santiago M $370,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2022 06/09/22 Sold $1,700,000 -7.9% $593 / Sq Ft
02/02/2022 02/02/22 Pending -- -- --
11/18/2021 11/18/21 For Sale $1,845,000 -- $643 / 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 $17,728 $1,013,204 -- --
2024 $21,526 $984,650 -- --
2023 $21,526 $1,180,300 $0 $0
2022 $15,366 $817,800 $0 $0
2021 $6,894 $397,960 $0 $0
2020 $6,808 $392,466 $0 $0
2019 $6,644 $383,643 $0 $0
2018 $6,308 $376,490 $0 $0
2017 $6,245 $368,747 $0 $0
2016 $6,227 $361,163 $0 $0
2015 $6,305 $358,653 $0 $0
2014 $6,413 $355,807 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vicki Miller

    Seller's Agent in 2022

    Vicki Miller

    Coldwell Banker Realty

    (305) 606-6666

    5 in this area

    14 Total Sales

    Vicki Miller
    Section Image

  • N

    Buyer's Agent in 2022

    Nancy Uhlman

    MMLS Assoc.-Inactive Member

    Section Image
See All Agents

About Tower House

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11126526

MIAMI REALTORS® MLS

APN: 02-3214-008-0150

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5500 Collins Ave Unit 404, Miami Beach, FL

This home is located at 5500 Collins Ave Unit 404, Miami Beach, FL 33140 since 18 November 2021 and is currently estimated at $1,678,859, approximately $585 per square foot. This property was built in 1974. 5500 Collins Ave Unit 404 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.

Nearby Homes