Home » Sunny Isles Beach » Porsche Design Tower at 18555 Collins Ave Sunny Isles Beach » 18555 Collins Ave 5401, Sunny Isles Beach, Florida 33160 | A11341597

Sold 18555 Collins Ave 5401, Sunny Isles Beach, Florida 33160

$6,850,000
closed for a price of $6,500,000

Property Highlights

Listing ID A11341597 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 5 Bathrooms Total 4 Full Bath 1 Half Bath Living Space 3,171 Sqft/294.60 m2 approx. COMMUNITY POOL Year Built 2016 Waterfront Has view of the Ocean Time of this property from published date until Closing Date 63 Days

18555 Collins Ave 5401, Sunny Isles Beach, Florida 33160

Property Description: Welcome to Porsche Design Tower, a spectacular property that offers a unique experience like no other. This stunning home in the sky has been completely redesigned by renowned interior designer Steven G. A project which cost over $2M and 2 years of dedication. The end result is a magnificent home that is truly one-of-a-kind. Equipped with the latest technology & amenities, featuring smart home automation, advanced lighting, custom millwork, and the finest materials, offered furnished. Perched on the 54th floor, this home offers breathtaking ocean views. The large terrace has its own summer kitchen & pool, creating a luxurious outdoor experience. A highlight of Porsche Tower is its high-tech car elevator which transports your car directly into your private garage in your living room.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$7,850,000
Original List Price:$7,850,000
Close Price:$6,500,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):54
Entry Level Location:54
Construction Materials:
  • Block
Flooring:
  • Other
Number of stories:56

Property Features

Has View:Yes
View from the Property:
  • Ocean
  • City
Waterfront:Yes
Waterfront Features:
  • Ocean Access
  • Ocean Front
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Electric Range
  • Ice Maker
Interior Features:
  • Breakfast Bar
  • Eat-in Kitchen
  • Living/dining Room
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Kitchen Island
  • Entrance Foyer
  • Built-in Features
  • Bar
  • Elevator
  • Sitting Area In Primary
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Balcony
  • Porch
Patio and Porch Features:
  • Balcony
  • Open
  • Wrap Around
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Property Entrance Faces:
  • Southeast

Taxes and Expenses

Tax Annual Amount:$63,049

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:2022
Association Fee:$5,100
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$5,100
Association Fee 3rd HOA Frequency:
  • Monthly

Terms

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

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Sauna
  • Clubhouse
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Beach Rights
Subdivision Name:18555 COLLINS AVENUE COND
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Cable Tv
  • Security
  • Parking
  • Internet
  • Hot Water
  • Amenities
Complex Name:Porsche Design Tower
Senior Community:No
Restrictions: Other Restrictions, OK To Lease

Parking

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

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewOcean View,Skyline View
Housing Older Persons ActNo HOPA
Water AccessUnrestricted Salt Water Access
Unit DesignHigh Rise
Type of AssociationCondo
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Homestead Tax
Buyer Country of ResidenceUnknown/Withheld
Flood ZoneX
Homeowner's Association Application Fee150
Rooms DescriptionUtility Room/Laundry
Style Condo 1-4 Stories
FEMA Flood Zone DesignationsX
Municipal Code31
PACE (Property Assessed Clean Energy) program0
Subdivision Number50

Zoning and Legal

Tax Legal Description:18555 COLLINS AVENUE CONDO UNIT 5401 UNDIV 0.6446% INT IN COMMON ELEMENTS OFF REC 28399-2439
Real Estate Folio Number (Parcel Number):31-22-02-050-0430
Public Survey Township:31
Public Survey Range:22
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:February 13, 2023 12:00 am
On Market Date:February 13, 2023
Close Date:April 17, 2023
Price Change Date Time:March 6, 2023 10:36 am
Last Important Update Description:Closed
Date and Time of Last Important Update:April 18, 2023 10:40 am
Status Last Changed:April 18, 2023 10:40 am
Photos Last Modified:April 18, 2023 1:37 pm
Last Modified:April 27, 2023 7:51 pm
Days on the Market (updated on Last Modified*):57
Cumulative Days on the Market (updated on Last Modified**):57

Additional Information

Unit Location:High Rise
Number of Photos:1
Location:,,
Included:,,
Area:22
Courtesy of:One Sotheby's International Re
Universal Property Id:US-12086-N-3122020500430-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:18555
Street Address:18555 Collins Ave 5401
Unit Number:5401
City : Sunny Isles Beach
State : Florida
Zip Code : 33160
County : Miami-Dade County
Full Address:18555 Collins Ave 5401, 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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