For saleDock reportedVirtual tour
$1,500,000
3 beds1,234 sq ft
Ocean or gulfShared waterfront site
650 West Ave #1807Miami Beach, FL 33139
Condo · MLS 12030771
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $51,000 from $1,750,000Virtual tour
$1,699,000
3 beds2,868 sq ft
5500 Collins Ave #1401Miami Beach, FL 33140
Homes, condos and townhomes · MLS 11834767 · Listed 135 days ago (Jun 16, 2026)
Ocean or gulf · Canal · Shared waterfront site · Waterfront details
For sale: Listed and available according to the MyStateMLS feed.
About this property
Welcome to Residence 1401 at TowerHouse, a corner residence offering over 2,800 square feet, 3 bedrooms, 4.5 bathrooms, plus a private staff suite or flexible fourth bedroom. With sweeping Intracoastal and ocean views from nearly every room and a spacious balcony that spans multiple sides of the residence, this home captures the essence of classic Miami Beach living. An expansive living room serves as the centerpiece of the home, offering stunning water views, abundant natural light, and plenty of space for entertaining. The oversized kitchen features a dedicated breakfast area overlooking the water, while the well-designed floor plan offers endless opportunities to update, personalize, or enjoy as is. Additional features include a formal dining room, a large laundry room with its own shower, a private trash chute, and exceptional storage throughout. The primary suite is complete with dual marble bathrooms, a spacious dressing room, and walk-in closet. Equal parts grand and nostalgic, Residence 1401 offers a rare opportunity to own a home with the scale, views, and retro Miami glamour that are increasingly hard to find. Life at TowerHouse is defined by service and exclusivity. Residents enjoy a waterfront pool with attendant service, fitness center, tennis courts, a private residents-only restaurant, valet parking, concierge, elevator attendant, and 24-hour security, all within one of Miami Beach's most iconic full-service buildings.
Description provided by the listing brokerage.
MLS-reported waterfront
Waterfront details
The home is part of a condominium, cooperative or community whose shared site is reported as waterfront. Shoreline and docks are typically common or community property, not owned by the individual unit.
- Relationship to the water
- Shared waterfront site
- Water type
- Ocean or gulf, Canal
- Water body
- Not provided. Ask the listing agent.
- Frontage length
- Not provided. Ask the listing agent.
- Water access arrangement
- Not provided. Ask the listing agent.
- Docks, slips, lifts, moorings
- Not provided. Ask the listing agent.
- Dock depth
- Not provided. Ask the listing agent.
- Shoreline
- Not provided. Ask the listing agent.
- Seasonal or tidal conditions
- Not provided. Ask the listing agent.
- Boating limits (bridges, depth, open-water access)
- Not provided. Ask the listing agent.
Why this is listed as waterfront
WaterfrontYN“Yes”: The listing is marked waterfront.WaterfrontFeatures“Ocean Front, Canal Front”: Includes a "… Front" value describing frontage.PropertyTypeDetail“condo”: A unit on a shared (condominium-style) site.
Classified from fields in the MyStateMLS listing data. It has not been independently verified, and it is not a survey, title examination or legal determination of shoreline or access rights. Rules version 2026-10-29.1. How we classify waterfront
Something wrong with this classification? Report a waterfront classification issue. Questions about frontage, docks or access are best answered by Compass Florida, LLC.
Facts
- List price
- $1,699,000
- Original list price
- $1,750,000
- Status
- For sale
- Property type
- Condo
- Bedrooms
- 3
- Full baths
- 4
- Half baths
- 1
- Interior area
- 2,868 sq ft
- Year built
- 1974
- Garage spaces
- 2
- County
- Miami-Dade County
- MLS number
- 11834767
- Annual property tax (2025)
- $7,963
Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them.
Features
Interior
- Walk-In Closet(s)
- Entrance Foyer
Appliances
- Washer
- Range
- Microwave
- Refrigerator
- Dryer
- Dishwasher
Flooring
- Tile
- Carpet
Heating
- Hot Water
Virtual tours
Location
The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or shoreline, and no flood, wetland or hazard conclusion should be drawn from it. See more listings in Miami Beach.
Price and status history
- Original list price reported by the brokerage: $1,750,000
Changes observed by Waterfront Homes in MyStateMLS data since Oct 29, 2026. This is not a public-record sales history; MyStateMLS does not publish sold prices.
Estimate a monthly payment
$339,800
Illustrative. Replace with a quote from your lender.
From the listing (tax year 2025). Taxes can change after a sale.
Get a quote; rates vary widely by location.
Manufactured homes on a leased lot.
Applied only while the loan is over 80% of the price. Illustrative.
Estimated monthly payment
$9,750 per month
Principal and interest$8,591
Property tax$664
Homeowners insurance$496
Loan amount$1,359,200
Total interest over the term$1,733,585
An estimate for comparison only, not a loan offer or approval. Actual rates, taxes, insurance, PMI and fees depend on your lender, credit, location and loan program.
Similar waterfront listings nearby
Waterfront listings of the same property type and water type in Miami Beach, priced within 25% of this listing ($1,274,250 to $2,123,750), newest first. Each one passes the same waterfront rules. See all matches
For saleVirtual tour
$1,350,000
2 beds1,180 sq ft
Ocean or gulfShared waterfront site
1330 Ocean Dr #R5BMiami Beach, FL 33139
Condo · MLS 11993201
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleDock reportedVirtual tour
$1,630,000
2 beds1,755 sq ft
Ocean or gulf · Canal · Bay, harbor, inlet or soundShared waterfront site
6103 Aqua Ave #702Miami Beach, FL 33141
Condo · MLS 11962124
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleReduced $84,000Virtual tour
$1,595,000
2 beds2,149 sq ft
Ocean or gulf · CanalShared waterfront site
201 Aqua Ave #PH4Miami Beach, FL 33141
Condo · MLS 11962119
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleVirtual tour
$1,595,000
2 beds1,609 sq ft
Ocean or gulfShared waterfront site
3739 Collins Ave #N-503Miami Beach, FL 33140
Condo · MLS 11912633
Listing courtesy of Compass Florida, LLC · MyStateMLS
For saleVirtual tour
$1,750,000
1 bed958 sq ft
Ocean or gulfShared waterfront site
4391 Collins Ave #1707Miami Beach, FL 33140
Condo · MLS 11889206
Listing courtesy of Compass Florida, LLC · MyStateMLS
Questions to ask before you buy
Questions worth investigating for any waterfront property. They are not claims that this property has a problem or meets any condition.
- Who owns the shoreline and the land under the water, and are there easements or public-access rights along it?Ownership can stop at a high-water line, a survey line or a seawall. A title search and survey answer this, not the listing.
- Is a dock, slip, lift or mooring included, and do the rights transfer to you?Docks can be shared, leased, assigned by an association or held under a permit that does not automatically transfer.
- What permits exist for the dock, seawall or other shoreline structures, and what would new work require?Shoreline work is often regulated by local, state and federal agencies.
- How much does the water level change by season, by tide or by reservoir management?Depth at a dock in one season can differ a lot in another.
- What does flood insurance cost for this property, and what does the current flood map show?Get a quote from an insurer or agent. A flood zone is not a premium, and no zone does not mean no risk.
- What maintenance does the shoreline need (seawall, bulkhead, riprap, erosion), and what has been done recently?Shoreline structures are expensive to repair; ask for records and inspection reports.
- How are water, sewer or septic, and power provided?Waterfront septic systems and wells can have extra rules and inspections.
- How do you reach the property by road year-round, and who maintains that road?Some waterfront roads are private, seasonal or shared.
- What local rules apply: rentals, docks, boat lifts, fences, tree removal, setbacks?Rules come from the town, county, state, lake authority or association and vary widely.
Printable due-diligence checklist · Ownership budget planner · FEMA Flood Map Service Center (official flood maps; look up the address yourself)
Guides and next steps
Listing courtesy of Compass Florida, LLC. Listings provided by MyStateMLS.
Listing last updated by the brokerage Sep 18, 2026, 12:50 PM UTC. Waterfront Homes last received MyStateMLS data Oct 29, 2026, 8:31 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing agent.