Home » Miami Beach » Towerhouse Condo at 5500 Collins Ave Miami Beach » 5500 Collins Ave 1402, Miami Beach, FL 33140 | A11403677

5500 Collins Ave 1402, Miami Beach, FL 33140 | Sold

$1,499,000
closed for a price of $1,250,000

Property Highlights

Listing ID A11403677 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 3 Bathrooms Total 2 Full Bath 1 Half Bath Living Space 2,827 Sqft/262.64 m2 approx. Building Area 2,827 Sqft/262.64 m2 approx. COMMUNITY POOL Year Built 1974 Waterfront Lease Term Minimum Duration: 1825 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 1825 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 161 Days
1 Photos of this Property
  • 5500 Collins Ave 1402 Miami Beach MLS A11403677 Lobby Listing Photo #1

5500 Collins Ave 1402, Miami Beach, FL 33140

Property Description: Nestled in the heart of Millionaire 's row, uncover the exquisite Towerhouse Condo located at 5500 Collins Ave. This luxurious building has a 24 hour doorman, valet parking, dock, in-house restaurant, concierge, pool, fitness center, tennis court and a vital course. The unit spans an impressive 2,827 sqft and presents a fantastic opportunity for a complete renovation, with the potential to effortlessly transform it into a 3BD condo. The opulent unit has floor to ceiling windows from every room so you don 't miss a single moment of the breathtaking Biscayne Bay and Miami Skyline views. Recently completed, the glass balconies allow you to enjoy peaceful mornings or relaxing evenings in the deep open balcony. This is an incredible opportunity to turn this unit into the condo of your dreams.

Residential Condominium Sold located at 5500 Collins Ave 1402 Miami Beach FL 33140 in Miami-Dade County referenced as ID MLS # A11403677. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:No Contingencies
Original List Price:$1,499,000
Close Price:$1,250,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • High Rise
Entry Level (floor):14
Entry Level Location:14
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Other
Number of stories:24

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Water
  • Bay
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Intracoastal Access
  • Bay Front
  • No Fixed Bridges
Swimming Pool Features:
  • Association
Security:
  • Door Man
  • Lobby Secured
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Dining Area
  • Separate/formal Dining Room
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Bar
  • Wet Bar
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Balcony
  • Tennis Court(s)
  • Courtyard
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$8,697

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$3,495
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Clubhouse
  • Other
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Tennis Court(s)
  • Trail(s)
Subdivision Name:TOWERHOUSE CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Trash
  • Cable Tv
  • Pest Control
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Association Management
  • Parking
  • Amenities
Complex Name:TOWERHOUSE CONDO
Senior Community:No
Restrictions: Other Restrictions, OK To Lease

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • Two Or More Spaces
  • Guest
  • Valet

More Details

Other Information:
Unit View: Bay,Intracoastal View,Water View
Housing Older Persons Act: Unverified
Water Access: Dock Available,Other
Unit Design: East Of Us1,High Rise,Lobby
Type of Association: Condo
Minimum Number of Days for Lease: 1825
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects Homestead Tax,Tax Reflects Other Tax Exemption
Number of times allowed to lease per year: 1
Flood Zone : AE
Homeowner's Association Application Fee: 100
Rooms Description: Den/Library/Office,Utility Room/Laundry
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 2
Subdivision Number: 8
Buyer Country of Residence: Unknown/Withheld

Zoning and Legal

Tax Legal Description:TOWER HOUSE CONDO UNIT 1402 - 14TH FLOOR UNDIV 1.1407370% INT IN COMMON ELEMENTS CLERKS FILE 74R 211732 OR 12089-3137 0384 5
Real Estate Folio Number (Parcel Number):02-32-14-008-0490
Public Survey Township:2
Public Survey Range:32
Public Survey Section:14

Listing History

Update/EventDate/Days
Published Date:June 29, 2023 4:16 pm
On Market Date:June 29, 2023
Close Date:December 7, 2023
Price Change Date Time:June 14, 2023 2:12 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:December 12, 2023 2:53 pm
Status Last Changed:December 12, 2023 2:53 pm
Photos Last Modified:December 12, 2023 8:06 pm
Last Modified:December 12, 2023 7:54 pm
Days on the Market (updated on Last Modified*):106
Cumulative Days on the Market (updated on Last Modified**):106

Additional Information

Unit Location:East Of Us1,High Rise,Lobby
Number of Photos Count:1
Area:32
Ref ID:1038678481
Automated Valuation Display:Yes
Courtesy of:Compass Florida, LLC.
Universal Property Id:US-12025-N-0232140080490-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:5500
Street Address:5500 Collins Ave 1402
Unit Number:1402
City : Miami Beach
State : Florida
Zip Code : 33140
County : Miami-Dade County
Full Address:5500 Collins Ave 1402, Miami Beach, FL 33140
Latitude:N25° 50' 3.9''
Longitude:W81° 52' 43.1''

Neighborhood

Postal City:Miami Beach

Property Map

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