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Art Week Score 12 · #90 in Mid-Beach & North Beach
#90 in Mid-Beach & North Beach · #408 in Miami
Nearest: Jillian Mayer: Mayer Objects, 1.1 mi away
Own Mid-Beach & North Beach · Mid-Beach
Towerhouse
5500 Collins Ave · Built 1974 · 25 floors · 101 residences
For sale
4
0 pending · 12.0 mo supply
Median asking
$1.82M
from $1.05M
Median $/sqft
$641/sqft
$628/sqft sold, 12 mo
Days on market
137
111 to sell · 4 in 12 mo
Towerhouse is a distinguished waterfront building situated in the heart of Miami Beach's Millionaire's Row. The property offers a collection of expansive residences featuring floor-to-ceiling windows and large terraces that provide panoramic views of the Atlantic Ocean, Biscayne Bay, the Intracoastal Waterway, and the Miami skyline.
The building is a full-service facility offering a variety of resort-style amenities. These include a waterfront pool and jacuzzi, a newly renovated fitness center, a night-lit Har-Tru tennis court, and a private restaurant. Residents also have access to a club room, a sauna, a walking trail, and a waterfront dog park.
Located just across from the beach, the building provides convenient access to local dining and shopping. The property includes professional management and a suite of services including 24-hour concierge, doorman, and valet parking. Boat docking facilities are also available on-site.
Live near more of Miami
What surrounds Towerhouse: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive now24 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Surfside), 3.5 mi
#63 in Mid-Beach & North Beach · #398 in Miami
You will need a designated driver and a plan.
1 Flanigan's locations nearby
Publix IndexLive now
26 / 100
Nearest Publix: Publix at Publix at North Shore, 1.3 mi
#77 in Mid-Beach & North Beach · #709 in Miami
A short drive. Acceptable.
1 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
Mid-Beach & North Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Miami Beach BoardwalkFaena DistrictFontainebleauNorth Shore Open Space ParkNormandy Isle ParkLa Gorce Country ClubCollins Avenue
60
/ 100
B
own.miami Score
A data-grounded score for Towerhouse from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value38
$641/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
Momentum56
+1.9% $/sqft over 6 months
Liquidity37
12.0 months of supply · 137 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age22
Built 1974 — vs. Mid-Beach & North Beach buildings
own.miami Condo Index
94At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#391 of 698 tracked Miami condos
Top 56% by price per sq ft
#45 of 85 in Mid-Beach & North Beach
Momentum
→ Steady
$641/sqft median ask
Liquidity
Balanced
Want the inside track on Towerhouse?
Get new listings here before the portals, and a straight answer from someone who knows the building.
Inventory
$1,949,000$689/sqft
3 bd · 4 ba · 2,827 sqft
5500 Collins Ave #702
Listing courtesy of Aventura Real Estate, Inc., Janice Horowitz (Lic. #3027024) · MLS #A12078323
$1,699,000$592/sqft
3 bd · 4.5 ba · 2,868 sqft
5500 Collins Ave #1401
Listing courtesy of Compass Florida, LLC, Menachem Fellig (Lic. #3291623) · MLS #A12037273
$1,050,000$366/sqft
3 bd · 3.5 ba · 2,868 sqft
5500 Collins Ave #304
Listing courtesy of Compass Florida, LLC, Menachem Fellig (Lic. #3291623) · MLS #A12000295
$2,300,000$814/sqft
2 bd · 2.5 ba · 2,827 sqft
5500 Collins Avenue #302
Listing courtesy of Related General Realty, LLC., Ethan Itzkovitz (Lic. #3348687) · MLS #B26004751
Sold $/sqft trend
3-month rolling median of closed sales in Towerhouse; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 5500 Collins Ave
- Year built
- 1974
- Floors
- 25
- Residences
- 101
- Developer
- Equitable Life Assurance Society OF THE US
- Waterfront
- Yes
Amenities
- · Pool
- · Spa
- · Fitness center
- · Valet
- · Concierge
- · 24-hour security
- · Restaurant
- · Tennis
- · Marina
- · Sauna
- · Doorman
- · Walking trail
- · Club room
- · Dog park
Building rules
- Parking
- valet parking
Special assessments & recertification outlook
ElevatedPublic records checked Oct 29, 2026: no liens, lawsuits or regulatory complaints found for the association.
- Built 1974 — a recurring structural milestone inspection is due around 2029
Estimated from Towerhouse’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
Financeability
What the banks say about Towerhouse: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 3
- 2 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 40%
- 5 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Conventional 2Private lenders 1
Low confidence — few loans · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Mid-Beach & North Beach
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 8.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone B
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 8.9 ft
- Lowest nearby street
- 3.7 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 2.7 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR1S006395 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Towerhouse cost?+
There are 4 condos for sale at Towerhouse, from $1,050,000, with a median asking price of $1,824,000 ($641/sqft).
How much are the HOA fees at Towerhouse?+
HOA / maintenance fees at Towerhouse run around $3,490 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Is Towerhouse a waterfront building?+
Yes — Towerhouse is a waterfront building (Mid-Beach & North Beach).
When was Towerhouse built?+
Towerhouse was built in 1974, 25 stories, 101 residences.
Who developed Towerhouse?+
Towerhouse was developed by Equitable Life Assurance Society OF THE US.
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If you like Towerhouse, compare
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