Premier Brokers International
5500 Collins Avenue 1401, Miami Beach, FL 33140
Price reducedMLS listing sourceMIAMI REALTORS® MLS
Price reducedMLS® A12037273
$1,699,000

↓ Price reduced $51,000 on Sep 16, 2026

5500 Collins Avenue 1401, Miami Beach, FL 33140

Beds
3
Baths
5
Sqft
2,868
Est. payment$13,819/mo
Home type
Condominium
Year built
1974
Lot size
—
Price / sqft
$592
HOA
$3,490/mo
Community
TOWERHOUSE CONDO

Property description

Welcome to Residence 1401 at TowerHouse, a corner residence offering over 2,800 square feet, 3 bedrooms, 4.5 bathrooms, plus a private staff suite or flexible fourth bedroom. With sweeping Intracoastal and ocean views from nearly every room and a spacious balcony that spans multiple sides of the residence, this home captures the essence of classic Miami Beach living. An expansive living room serves as the centerpiece of the home, offering stunning water views, abundant natural light, and plenty of space for entertaining. The oversized kitchen features a dedicated breakfast area overlooking the water, while the well-designed floor plan offers endless opportunities to update, personalize, or enjoy as is. Additional features include a formal dining room, a large laundry room with its own shower, a private trash chute, and exceptional storage throughout. The primary suite is complete with dual marble bathrooms, a spacious dressing room, and walk-in closet. Equal parts grand and nostalgic, Residence 1401 offers a rare opportunity to own a home with the scale, views, and retro Miami glamour that are increasingly hard to find. Life at TowerHouse is defined by service and exclusivity. Residents enjoy a waterfront pool with attendant service, fitness center, tennis courts, a private residents-only restaurant, valet parking, concierge, elevator attendant, and 24-hour security, all within one of Miami Beach's most iconic full-service buildings.

Listing activity

Days on market
92
Listed
Jun 16, 2026
MLS listing updated
Sep 16, 2026
Feed last checked
6 minutes ago

Listed by Menachem Fellig · Compass Florida, LLC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
3
Bathrooms
5
Bathrooms (decimal)
4.5
Full bathrooms
4
Half bathrooms
1

Rooms & features

Rooms
2
Interior features
Built-in Features, Entrance Foyer, Pantry, Walk-In Closet(s)
Flooring
Carpet, Tile
Appliances
Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
2
Garage
Yes
Covered spaces
2
Parking features
Valet
Attached garage
No

Exterior

Stories
25
Building area
2,868 sqft
Patio & porch
Porch - Open, Porch
View
Intracoastal
Waterfront
Other, Canal Front, Intracoastal
Waterfront property
Yes
Construction

Type & style

Home type
Condominium
Year built
1974
New construction
No

Materials

Construction
CBS
Property condition
Resale
Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision
TOWERHOUSE CONDO
MLS area
2320
Security
Lobby - Attended, Security System
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$3,490 monthly
Estimated monthly dues
$3,490
Amenities
Maintenance, Pool, Elevator(s), Fitness Center, Kitchen Facilities, Parking, Picnic Area, Sauna, Tennis Court(s), Trash Chute
Services included
Cable TV, Hot Water, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Miami Beach
County
Miami-Dade
ZIP code
33140
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12037273
Possession
Negotiable
Original list price
$1,750,000
Parcel number
0232140080480
Annual property tax
$7,963
Tax year
2025
Tax legal description
TOWER HOUSE CONDO UNIT 1401 - 14TH FLOOR UNDIV 1.1407370% INT IN COMMON ELEMENTS CLERKS FILE 74R 211732 OR 13296-2648 0587 1
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Elevator(s), Fitness Center, Kitchen Facilities, Parking, Picnic Area, Sauna, Tennis Court(s), Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Cable TV, Hot Water, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Sewer, Trash, Water
Association
Yes
Bathrooms Total Decimal
4.5
Bathrooms Total Integer
5
Building Area Total
2868
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
92
Elementary School
North Beach
High School
Miami Beach
List Price
1699000
Listing Contract Date
2026-06-16
Living Area
2868
MLSArea Major
2320
Middle Or Junior School
Miami Beach Nautilus
Mls Status
Active
On Market Date
2026-06-16
Patio And Porch Features
Porch - Open, Porch
Postal Code
33140
Price Change Timestamp
2026-09-16T15:29:16Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
2
Security Features
Lobby - Attended, Security System
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-06-16T04:00:00Z
Stories Total
25
Subdivision Name
TOWERHOUSE CONDO
Waterfront Features
Other, Canal Front, Intracoastal
Tax Annual Amount
7963
Bathrooms Full
4
Bedrooms Total
3
Bathrooms Half
1
Financial Information: Estimated Monthly Assoc Recurring Fee
3490

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Jun 16, 2026ListedMIAMI REALTORS® MLS$1,750,000$610/sqft
Sep 16, 2026Price reducedMIAMI REALTORS® MLS$1,699,000$592/sqft

Public tax history

YearProperty taxesAssessment
2025$7,963—

Payment calculator

Estimated monthly payment$13,819/moIllustrative estimate, not a loan offer.
Principal & interest
$8,816
Property taxes
$664
Insurance
$850
Association dues
$3,490

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

TOWERHOUSE CONDO

Miami Beach · Miami-Dade County · 33140

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

North BeachElementary
—
Miami Beach NautilusMiddle
—
Miami BeachHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Compass Florida, LLC. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.