Home » Sunny Isles Beach » Porsche Design Tower at 18555 Collins Ave Sunny Isles Beach » 18555 Collins Ave 5501, Sunny Isles Beach, Florida 33160 | A11294968

Sold 18555 Collins Ave 5501, Sunny Isles Beach, Florida 33160

$6,190,000
closed for a price of $5,800,000

Property Highlights

Listing ID A11294968 Status of this Listing: Closed Sold Property Type Residential Condominium 4 Bedrooms 5 Bathrooms Total 4 Full Bath 1 Half Bath Living Space 4,154 Sqft/385.92 m2 approx. Building Area 4,154 Sqft/385.92 m2 approx. COMMUNITY POOL Year Built 2016 Waterfront Has view of the Ocean Lease Term Minimum Duration: 180 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 180 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 from published date until Closing Date 290 Days

18555 Collins Ave 5501, Sunny Isles Beach, Florida 33160

Property Description: Spectacular Residence at the famed Porsche Design Tower. The only building in the world where residents can park their cars automatically inside their residence in the sky. This exquisite apartment is one of the largest floor plan with the bigger living room with the garage in the level below. Marble floors and Carbon Fiber Kitchen Cabinets. Private plunge pool in your balcony and infinite and gorgeous views of the ocean and the intracoastal. The building offer so many amenities such as restaurant, pool and beachside service, sunset pools, spa, yoga room, fitness center with state of the art equipment, lounge bar, movie theater and much more!

Residential Condominium Sold located at 18555 Collins Ave 5501 Sunny Isles Beach Florida 33160 in Miami-Dade County referenced as ID MLS # A11294968. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:Other
Previous Asking Price:$6,290,000
Original List Price:$6,590,000
Close Price:$5,800,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Architectural
Style:
  • High Rise
Entry Level (floor):55
Entry Level Location:55
Construction Materials:
  • Block
Flooring:
  • Marble
Number of stories:60

Property Features

Has View:Yes
View from the Property:
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Fire Sprinkler System
Furnished:
  • Partially
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Other
  • Built-in Oven
  • Electric Range
  • Electric Water Heater
  • Self Cleaning Oven
Interior Features:
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Kitchen Island
  • Bedroom On Main Level
  • Fireplace
  • Elevator
  • Main Living Area Entry Level
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Barbecue
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Fireplace:Yes
Fireplace Features:
  • Decorative
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Building Features:
  • Exterior Lighting
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$69,260

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:2021
Association Fee:$6,681
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

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

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Spa/hot Tub
  • Billiard Room
  • Trash
  • Clubhouse
  • Other
  • Elevator(s)
  • Fitness Center
Subdivision Name:18555 COLLINS AVENUE COND
Association Fee Includes:
  • Maintenance Grounds
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Internet
Complex Name:Porsche Design Tower
Senior Community:No
Development Name:Porsche Design Tower
Restrictions: Daily Rentals Allowed, Other Restrictions, OK To Lease

Parking

Garage:Yes
Garage Spaces:2
Covered Spaces:2
Attached Garage:Yes
Parking Features:
  • Garage
  • Two Or More Spaces
  • Attached
  • Covered
  • Valet

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Oriole
High School:Alonzo And Tracy Mourning Sr. High
Middle Or Junior School:Norman S. Edelcup K-8

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewOcean View
Housing Older Persons ActNo HOPA
Water AccessOther
Buy StateFlorida
Unit DesignEast Of Us1,High Rise,Lobby
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Buyer Country of ResidenceUSA
Number of times allowed to lease per year2
Flood ZoneX
Homeowner's Association Application Fee100
Rooms DescriptionUtility Room/Laundry
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code31
Subdivision Number50

Zoning and Legal

Tax Legal Description:18555 COLLINS AVENUE CONDO UNIT 5501 UNDIV 0.8445% INT IN COMMON ELEMENTS OFF REC 28399-2439
Real Estate Folio Number (Parcel Number):31-22-02-050-0440
Public Survey Township:31
Public Survey Range:22
Public Survey Section:24

Listing History

Update/EventDate/Days
Published Date:November 14, 2022 8:25 pm
On Market Date:November 14, 2022
Close Date:August 31, 2023
Price Change Date Time:July 6, 2023 10:28 am
Last Important Update Description:Closed
Date and Time of Last Important Update:August 31, 2023 2:19 pm
Status Last Changed:August 31, 2023 2:19 pm
Photos Last Modified:June 11, 2023 3:11 pm
Last Modified:August 31, 2023 6:20 pm
Days on the Market (updated on Last Modified*):252
Cumulative Days on the Market (updated on Last Modified**):252

Additional Information

Unit Location:East Of Us1,High Rise,Lobby
Number of Photos:88
Location:,,
Included:,,
Area:22
Automated Valuation Display:Yes
Courtesy of:Astor Realty, LLC
Universal Property Id:US-12086-N-3122020500440-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:18555
Street Address:18555 Collins Ave 5501
Unit Number:5501
City : Sunny Isles Beach
State : Florida
Zip Code : 33160
County : Miami-Dade County
Full Address:18555 Collins Ave 5501, Sunny Isles Beach, Florida 33160
Latitude:N25° 56' 53.4''
Longitude:W81° 52' 48.2''

Neighborhood

Postal City:Sunny Isles Beach

Property Map

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