# Towerhouse

As of 2026-10-27, Towerhouse in Mid-Beach & North Beach has 4 units for sale at a median asking price of $1.82M ($641/sqft); 4 units sold in the last 12 months.

Towerhouse is a full-service waterfront condominium building located on the prestigious stretch of Collins Avenue in Miami Beach.

## Key facts

| | |
|---|---|
| Address | 5500 Collins Ave |
| Neighborhood | Mid-Beach, Mid-Beach & North Beach |
| Year built | 1974 |
| Floors | 25 |
| Units | 101 |
| Waterfront | yes |
| Developer | Equitable Life Assurance Society OF THE US |
| For sale | 4 |
| Pending | 0 |
| Median asking price | $1,824,000 |
| Median asking $/sqft | $641/sqft |
| Sold, last 12 months | 4 |
| Median sold $/sqft, 12 months | $628/sqft |
| Months of inventory | 12.0 |
| Median HOA | $3,490/mo |
| Parking | valet parking |

## Own Miami measures

- **own.miami Building Score: 60 (B)**
  - Value: 38 — $641/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
  - Momentum: 56 — +1.9% $/sqft over 6 months
  - Liquidity: 37 — 12.0 months of supply · 137 days on market
  - Health: 100 — Public records checked — no liens, lawsuits or complaints on file
  - Waterfront: 90 — Waterfront building
  - Age: 22 — Built 1974 — vs. Mid-Beach & North Beach buildings
- **Own Miami Condo Index: 94** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 391 of 698 tracked Miami condos)
- **Financeability Index: 37** (limited; 12-month window, 3 recorded mortgages, 40% of sales bank-financed, lowest down payment —, as of 2026-10-31)
- Special-assessment outlook: elevated (next structural milestone inspection due 2029)

## Building health (verified public records)

- Public records checked 2026-10-29: no liens, lawsuits or regulatory complaints found
- Legal & regulatory: 0 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-10-29)

## Frequently asked questions

**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.

## Related pages

- [Mid-Beach & North Beach — neighborhood guide](https://own.miami/mid-beach-north-beach)
- [All units for sale at Towerhouse](https://own.miami/buildings/towerhouse/for-sale)
- [The Pavilion](https://own.miami/buildings/the-pavilion)
- [Seacoast 5151](https://own.miami/buildings/seacoast-5151)
- [5600 Condominium](https://own.miami/buildings/5600-condominium)
- [Burleigh House](https://own.miami/buildings/burleigh-house)

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Source: Own.Miami — https://own.miami · data as of 2026-10-27
Canonical page: https://own.miami/buildings/towerhouse
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai