Home » Sunny Isles Beach » Porsche Design Tower at 18555 Collins Ave Sunny Isles Beach » 18555 Collins Ave 2503, Sunny Isles Beach, FL 33160 | A11114529

For Sale 18555 Collins Ave 2503, Sunny Isles Beach, FL 33160

$7,850,000

Property Highlights

Listing ID A11114529 Status of this Listing: Active For Sale Property Type Residential Condominium 5 Bedrooms 6 Bathrooms Total 5 Full Bath 1 Half Bath Living Space 4,154 Sqft/385.92 m2 approx. Year Built 2016 Waterfront Has view of the Ocean Lease Term Minimum Duration: 365 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property on Rebonus 1144 Day(s)

18555 Collins Ave 2503, Sunny Isles Beach, FL 33160

Property Description: Enter by private elevator to this brand-new, luxury 4,154 SF furnished residence with an over-sized 831 SF terrace. The expansive balcony features plunge pool & outdoor summer kitchen with western exposure overlooking sunsets over the downtown skyline & partial ocean views. All 4 bedrooms offer en-suite bathrooms, large closets, and picturesque floor-to-ceiling glass walls. Den can be converted into a 5th bedroom or entertainment room. High-end finishes and state-of-the-art Poggenpohl kitchen with Miele appliances. Porsche offers 5 star amenities: full service restaurant & bar, theater, yoga + fitness studio, spa, steam room + sauna, virtual car & golf simulator, pool, and is situated 200 ft on the Ocean with beach service.

Useful Info

Original List Price:$7,850,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Entry Level (floor):25
Entry Level Location:25
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:59

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Security:
  • Complex Fenced
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Electric Range
Interior Features:
  • First Floor Entry
  • High Ceilings
  • Closet Cabinetry
  • Kitchen Island
  • Bedroom On Main Level
  • Fireplace
  • Bar
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Fireplace:Yes
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • Southeast

Taxes and Expenses

Tax Annual Amount:$54,776

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2019
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects No Exemptions

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Sauna
  • Spa/hot Tub
  • Other
  • Elevator(s)
  • Fitness Center
Subdivision Name:PORSCHE DESIGN TOWER
Association Fee Includes:
  • Sewer
  • Trash
  • Cable Tv
  • Security
  • Maintenance Structure
  • Common Areas
  • Amenities
Complex Name:PORSCHE DESIGN TOWER
Senior Community:No
Development Name:PORSCHE DESIGN TOWER
Restrictions: Daily Rentals Allowed

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Parking Features:
  • Covered
  • Assigned

More Details

Other Information:
Unit ViewOcean View
Housing Older Persons ActNo HOPA
Water AccessDeeded Beach Access
Unit DesignCorner Unit,East Of Us1
Type of AssociationCondo
Style Condo 5+ Stories
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Flood ZoneX
Homeowner's Association Application Fee150
FEMA Flood Zone DesignationsX
Municipal Code31
Subdivision Number50
Minimum Number of Days for Lease365
Number of times allowed to lease per year11
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:18555 COLLINS AVENUE CONDO UNIT 2503 UNDIV 0.8445% INT IN COMMON ELEMENTS OFF REC 28399-2439
Real Estate Folio Number (Parcel Number):31-22-02-050-0580
Public Survey Township:31
Public Survey Range:22
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:October 20, 2021 8:22 pm
On Market Date:October 20, 2021
Price Change Date Time:October 20, 2021 8:20 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:October 20, 2021 8:22 pm
Status Last Changed:October 20, 2021 8:22 pm
Photos Last Modified:October 21, 2021 12:29 am
Last Modified:September 30, 2024 9:42 pm
Days on the Market Reference Date:April 26, 2024
Days on the Market (updated on Last Modified*):919
Cumulative Days on the Market (updated on Last Modified**):919

Additional Information

Unit Location:Corner Unit,East Of Us1
Number of Photos:56
Location:,,
Included:,,
Area:22
Automated Valuation Display:Yes
Courtesy of:FACCIN Group Realty
Universal Property Id:US-12086-N-3122020500580-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:18555
Street Address:18555 Collins Ave 2503
Unit Number:2503
City : Sunny Isles Beach
State : Florida
Zip Code : 33160
County : Miami-Dade
Full Address:18555 Collins Ave 2503, Sunny Isles Beach, FL 33160
Latitude:N25° 56' 53.4''
Longitude:W81° 52' 47.8''

Neighborhood

Postal City:Sunny Isles Beach

Property Map

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