Towerhouse
Towerhouse is a 25-story condominium at 5500 Collins Avenue in Miami Beach, completed in 1974 and comprising 83 residences on the city's historic Millionaire's Row. The building is a full-service, waterfront property offering residents a heated pool, spa and sauna, fitness center, and tennis court, alongside a private on-site restaurant reserved for owners and guests. Daily living is supported by 24-hour concierge and security staff along with valet parking, while the building's boat dock provides direct water access. Positioned on a quiet residential stretch of Mid-Beach, Towerhouse sits between South Beach and Bal Harbour, putting Bal Harbour Shops and the broader Miami Beach dining and retail scene within easy reach.
Amenities
- Heated swimming pool
- Spa / hot tub
- Sauna
- Fitness center
- Tennis court
- On-site restaurant (private, for residents and guests)
- 24-hour concierge / doorman
- 24-hour security
- Valet parking
- Boat dock / waterfront access
- Billiards / card room
- Bike storage and jog path
Towerhouse sits on Collins Avenue in Miami Beach's Mid-Beach area, a stretch historically known as Millionaire's Row, on a quieter residential section of the corridor between South Beach and Bal Harbour. The location provides convenient access to Bal Harbour Shops as well as the dining, shopping, and beach access found throughout Miami Beach.
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Miami Beach, FL 33140
Available Residences at Towerhouse
3 Bedroom Condos · 2 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 1401 | $1,750,000 | 3 / 5 / 1 | 2,868 | $610 | 9 |
| 304 | $1,050,000 | 3 / 4 / 1 | 2,868 | $366 | 73 |
2 Bedroom Condos · 2 units
| Unit | Asking Price | Bed(s)/Bath(s) | Living Size | Price/Sq.Ft. | Days on Market |
|---|---|---|---|---|---|
| 302 | $2,300,000 | 2 / — / 1 | 2,827 | $814 | 129 |
| 1902 | $1,799,000 | 2 / 3 / 1 | 2,827 | $636 | 28 |
Compare every Mid-Beach building, its inventory, and area market trends in one place.
ANALYTICS
CURRENT INVENTORY
INVENTORY BY BEDROOM
- 2 Bed (1) 33%
- 3 Bed (2) 67%
INVENTORY TREND (ALL UNITS)
Market & Community Report
As of August 12, 2026, Towerhouse carries 3 active listings at an average asking price of $1.7M, with an average time on market of 70 days. Closed sales over the preceding 36 months averaged $582 per sq ft, and 4 transactions closed in the past 12 months — implying 9 months of supply against the current pace of absorption.
Zip code 33140 (Miami Beach) is home to 19,455 residents with a median age of 40.9. Per-capita income stands at $90,994; 64.8% hold a bachelor's degree or higher. 59.1% of units are owner-occupied; 30.2% of residents work from home.
Data current as of August 12, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.
Frequently Asked Questions — Towerhouse
How many condos are for sale at Towerhouse?
As of August 12, 2026, 3 residences are actively listed for sale at Towerhouse. Current asking prices range from $1.1M to $2.3M. Inventory updates daily from the MLS.
How much do condos at Towerhouse cost?
Condos at Towerhouse are currently asking from $1.1M to $2.3M. Over the past 36 months, closed sales have averaged $582 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.
What is the average price per square foot at Towerhouse?
Based on MLS closed sales over the preceding 36 months, the average sale price at Towerhouse is $582 per square foot. Use this as a benchmark when comparing active listings in the building.
Where is Towerhouse located?
Towerhouse is located at 5500 Collins Ave, Miami Beach, FL, 33140, in the Mid-Beach area.
What neighborhood is Towerhouse in?
Towerhouse is in Mid-Beach, Miami Beach. You can compare every condo building, home inventory, and price trend across Mid-Beach on its neighborhood guide.
How many units are in Towerhouse?
Towerhouse has 83 residences across 25 stories.
What year was Towerhouse built?
Towerhouse was completed in 1974.
What amenities does Towerhouse offer?
Towerhouse amenities include Heated swimming pool, Spa / hot tub, Sauna, Fitness center, Tennis court, On-site restaurant (private, for residents and guests), 24-hour concierge / doorman, 24-hour security.