Own Mid-Beach & North Beach · Mid-Beach

Towerhouse

5500 Collins Ave · Built 1974 · 25 floors · 101 residences

4 for sale
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
107
111 to sell · 4 in 12 mo
Towerhouse
Listing photo · courtesy of United Realty Group Inc. · MLS #A11750125

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.

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
65
/ 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.

Value55
$641/sqft — vs. Miami condos
Momentum91
+24.4% $/sqft over 6 months
Liquidity44
12.0 months of supply · 107 days on market
Health90
No verified records yet — listing signals only
Waterfront90
Waterfront building
Age0
Built 1974
own.miami Condo Index
91100 = the median Miami condo, by price and liquidity.
Rank
#342 of 597 tracked Miami condos
Top 57% by price & liquidity
#39 of 78 in Mid-Beach & North Beach
Momentum
↑ Rising
$650/sqft median ask
Liquidity
Warm
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Towerhouse; bars are closings per month.

$305$557$809Sep 2023Apr 2024Feb 2025Oct 2025Jun 2026

Location

Nearby buildings within half a mile.

Building facts

Address
5500 Collins Ave
Year built
1974
Floors
25
Residences
101
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

Elevated
  • 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.

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).

Is Towerhouse a good time to buy?+

Towerhouse currently has about 12.0 months of supply — a balanced pace.

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.

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