Read the full record 4 paragraphs and 10 facts, every figure from the MLS and county record
Towerhouse is a 25-story tower at 5500 Collins Ave in Mid-Beach, completed in 1974. County folio records count 101 residences, averaging 2,456 SF of living area.
Four units were for sale on November 2, 2026, asking $1.1M to $2.3M (median ask $641/SF across 4 listings). Four sales closed between November 2, 2025 and November 2, 2026, from $1.5M to $2M, a median $628/SF, after a median 111 days on the market. The year before saw two closed sales. Across 31 recorded sales since 2020, the best year by median price per square foot was 2026, at $654 over 3 sales. That 12-month median ranks 17th of the 44 Mid-Beach buildings with at least three sales in the same window. Three-bedroom-plus units made up four of the 6 sales in the last 24 months, at a median $1,890,000.
The most recent lease on record was signed in June 2021.
County records show 49% of residences as owner-occupied.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 5500 Collins Ave, Miami Beach 33140
- Neighborhood
- Mid-Beach
- Year built
- 1974
- Floors
- 25
- Residences (county-verified)
- 101
- Owner-occupied
- 49% of residences
- Avg. unit size
- 2,456 sq ft
- Total living area
- 248,059 sq ft
- County condo folios
- 101
- Recorded MLS listings
- 35