NOT LISTED FOR SALE

Tower House 5500 Collins Ave Unit 802 Miami Beach, FL 33140

Oceanfront Neighborhood

Estimated Value: $1,909,703 - $2,079,000

2 Beds
3.5 Baths
3,010 Sq Ft
$3,053/mo HOA Fee

Last Sold March 03, 2017

Last sale price $872,500 $290 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $15,087/month

218 Days on Market

Highlights

  • Doorman
  • Private Dock
  • Bar or Lounge
  • North Beach Elementary School Rated A-
  • Property fronts an intracoastal waterway
  • Two Primary Bathrooms

About This Home

As of March 2017

Enjoy Miami Beach luxurious living in this elegant building. Featuring enormous living, dining, kitchen, Wet bar, extra closets & large open terrace w breathtaking Intracoastal, Bay and Skyline views. Oversized master bedroom w 2 en-suite master ba. Building offers 5 star concierge services, including a waterfront pool, gym, tennis court, private chef, 24 hr security & valet. The apartment offers a blank canvas for the discerning buyer. Minutes from both SoBe and Bal Harbour shopping and restaurants.

Last Agent to Sell the Property

Mia Marchand

Partnership Realty Inc. License #3233933 Listed on: 07/21/2016

Partnership Realty Inc.

Last Buyer's Agent

Mia Marchand

Partnership Realty Inc. License #3233933 Listed on: 07/21/2016

Partnership Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,820

Year Built

  • Built in 1974

Lot Details

  • West Facing Home

HOA Fees

  • $3,053 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Golf Course

Home Design

  • Entry on the 8th floor
  • Concrete Block With Brick

Interior Spaces

  • 3,010 Sq Ft Home
  • Wet Bar
  • Custom Mirrors
  • Built-In Features
  • Formal Dining Room
  • Den

Kitchen

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

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Private Dock
  • Balcony

Additional Features

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 02-32-14-008-0290

Community Details

Overview

  • 84 Units
  • High-Rise Condominium
  • Towerhouse Condominium Condos
  • 02 Line
  • Car Wash Area
  • 23-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Billiard Room
  • Bar or Lounge
  • Community Storage Space

Recreation

  • Boat Dock
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,820

Year Built

Built in 1974

Lot Details

0

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: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • Master Model: 02 line
  • 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, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Bar, Built-in Features, Custom Mirrors, Elevator, Pantry, Walk-In Closet(s), Wet Bar, Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Marble, Tile
  • Furnished: Unfurnished
  • Living Area: 3010
  • Possible Use: Primary
  • Stories: 23
  • Window Features: Hurricane Shutters
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms

Exterior Features

  • View: Skyline, Golf View, Water View
  • Exterior Features: East Of Us1, Open Balcony, Tennis Court(s)
  • Construction Type: Concrete Block With Brick
  • Direction Faces: West
  • Home Warranty: Yes
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Towerhouse Condominium
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 3053
  • Amenities: Bar, Billiard Room, Boat Dock, Clubhouse-Clubroom, Storage, Heated Pool, Kitchen Facilities, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-14-008-0290
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

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

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 12820

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2016
Closed on
Feb 15, 2017
Sold by
Yee Niranjan Bikko
Bought by
Spitzer Joseph and Spitzer Helen
Seller's Agent
Mia Marchand
Partnership Realty Inc.
Buyer's Agent
Mia Marchand
Partnership Realty Inc.
List Price
$1,149,000
Sold Price
$872,500
Premium/Discount to List
-$276,500
-24.06%
Current Estimated Value
$1,985,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,113,426
Avg. Annual Appreciation
10.10%
Source: Public Records

Range of Values:

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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
Spitzer Joseph $872,500 Rte Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $872,500 -2.5% $290 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
01/31/2017 01/31/17 Price Changed $895,000 -8.6% $297 / Sq Ft
01/18/2017 01/18/17 Price Changed $979,000 -2.0% $325 / Sq Ft
10/31/2016 10/31/16 Price Changed $999,000 -9.1% $332 / Sq Ft
09/21/2016 09/21/16 Price Changed $1,099,000 -4.4% $365 / Sq Ft
07/21/2016 07/21/16 For Sale $1,149,000 -- $382 / 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 $17,439 $975,236 -- --
2024 $17,964 $886,579 -- --
2023 $17,964 $805,981 $0 $0
2022 $14,365 $732,710 $0 $0
2021 $12,861 $666,100 $0 $0
2020 $12,895 $666,100 $0 $0
2019 $17,834 $920,315 $0 $0
2018 $15,733 $836,650 $0 $0
2017 $15,023 $639,805 $0 $0
2016 $13,165 $581,641 $0 $0
2015 $12,820 $528,765 $0 $0
2014 $10,875 $480,696 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mia Marchand

    Partnership Realty Inc.

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About Tower House

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10115264

MIAMI REALTORS® MLS

APN: 02-3214-008-0290

Florida Miami/Dade County Miami Beach 33140 Oceanfront

5500 Collins Ave Unit 802, Miami Beach, FL

This home is located at 5500 Collins Ave Unit 802, Miami Beach, FL 33140 since 21 July 2016 and is currently estimated at $1,985,926, approximately $659 per square foot. This property was built in 1974. 5500 Collins Ave Unit 802 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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