Atlantic Luxury Advisors
5500 Collins Ave #702 photo 15500 Collins Ave #702 photo 25500 Collins Ave #702 photo 35500 Collins Ave #702 photo 45500 Collins Ave #702 photo 5

61 photos

5500 Collins Ave #702

Miami Beach, FL 33140

$1,949,000
3
4
2,827 sq ft
1974
2 car
Condominium
$3,491/mo
Yes
6
Active

Listing courtesy of Aventura Real Estate, Inc. (Janice Horowitz). Contact: [email protected].

About this home

Gracious living in the Tower House ,a full service waterfront condominium Bldg, featuring 83 oversized units, inhouse restaurant( a $ portion which monthly maintenance covers) boat dock, newly-renovated waterfront pool, tennis, & water-facing workout room. The 02 line is much desired as it's only 1of 2 corner units sitting directly on the Intracoastal Waterway with West, North & South views/exposures. 802 has been tastefully updated & appointed with both elegant & practical furniture. Impact glass door & windows have been installed. The unit is sold furnished with some exclusions (written list provided). Master Bedroom has large walk-in closets & 2 full bathrooms. Bedroom 2 is ensuite. The oversized library doubles as a 3rd bedroom. Additionally a full guest bathroom ,making the total of 4 full bathrooms. location location location- Mid Miami Beach @ 55th & Collins, & just across the street from the Ocean. It does not get better than this!

What it costs to own
Estimated monthly payment
$17,503/mo
Principal and interest
$9,855
Property tax
$2,940
Homeowners insurance
$1,217
HOA
$3,491

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$35,277/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$3,491/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone B: ordered to evacuate for Category 1 hurricanes and stronger.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.