Home » Sunny Isles Beach » Porsche Design Tower at 18555 Collins Ave Sunny Isles Beach » 18555 Collins Ave 5403, Sunny Isles Beach, FL 33160 | A11499658

Sold 18555 Collins Ave 5403, Sunny Isles Beach, FL 33160

$4,995,000
closed for a price of $4,800,000

Property Highlights

Listing ID A11499658 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 5 Bathrooms Total 4 Full Bath 1 Half Bath Living Space 3,130 Sqft/290.79 m2 approx. Building Area 3,130 Sqft/290.79 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 68 Days

18555 Collins Ave 5403, Sunny Isles Beach, FL 33160

Property Description: Welcome to the prestigious Porsche Design Tower,where luxury meets innovation.This breathtaking 3 bed,4/1 bath duplex spans a generous 4,252 sf,including your own private garage seamlessly connected to your unit.Chef 's Kitchen, boasts top-of-the-line Miele appliances & sleek carbon fiber cabinets.Oversized floor-to-ceiling 22ft windows provide panoramic views of the Intracoastal creating an ambiance of serenity & grandeur.Porsche Design Tower offers a lifestyle of unparalleled luxury,5 6 star amenities that redefine sophistication.Enjoy the oceanfront gym & spa,personalized service at the pool & beach,restaurants,movie theater,virtual golf & race car simulator.Embrace the pinnacle of luxury living at an address that transcends ordinary living & sets a new standard for sophistication.

Useful Info

Contingency:No Contingencies
Previous Asking Price:$6,750,000
Original List Price:$6,750,000
Close Price:$4,800,000

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:
  • Marble
Number of stories:59

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Ocean
Waterfront:Yes
Waterfront Features:
  • Intracoastal Access
Swimming Pool Features:
  • Association
Security:
  • Fire Sprinkler System
  • Door Man
  • Key Card Entry
  • Elevator Secured
  • Secured Garage/parking
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Other
  • Built-in Oven
  • Gas Range
  • Trash Compactor
Interior Features:
  • High Ceilings
  • Pantry
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Kitchen Island
  • Bedroom On Main Level
  • Fireplace
  • Bar
  • Elevator
Exterior Features:
  • Security/high Impact Doors
  • Barbecue
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
  • Sliding
Fireplace:Yes
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$46,447

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:$6,172
Association Fee 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
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Sauna
  • Spa/hot Tub
  • Billiard Room
  • Other
  • Elevator(s)
  • Fitness Center
Subdivision Name:18555 COLLINS AVENUE COND
Association Fee Includes:
  • Water
  • Trash
  • Cable Tv
  • Security
  • Amenities
Complex Name:Porsche Design
Senior Community:No
Restrictions: OK To Lease

Parking

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

More Details

Other Information:
Unit ViewIntracoastal View,Ocean View,Direct Ocean
Housing Older Persons ActNo HOPA
Unit DesignCorner Unit,High Rise,Lobby
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Number of times allowed to lease per year2
Flood ZoneX
Homeowner's Association Application Fee150
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code31
Subdivision Number50
Buy StateFlorida
Buyer Country of ResidenceUSA
Water Access Description:Deeded Beach Access

Zoning and Legal

Tax Legal Description:18555 COLLINS AVENUE CONDO UNIT 5403 UNDIV 0.6363% INT IN COMMON ELEMENTS OFF REC 28399-2439
Real Estate Folio Number (Parcel Number):31-22-02-050-0450
Public Survey Township:31
Public Survey Range:22
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:December 22, 2023 11:17 am
On Market Date:December 22, 2023
Close Date:February 28, 2024
Price Change Date Time:January 23, 2024 1:11 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:February 28, 2024 9:08 pm
Status Last Changed:February 28, 2024 9:08 pm
Photos Last Modified:December 22, 2023 4:31 pm
Last Modified:February 29, 2024 2:08 am
Days on the Market Reference Date:February 29, 2024
Days on the Market (updated on Last Modified*):62
Cumulative Days on the Market (updated on Last Modified**):62

Additional Information

Unit Location:Corner Unit,High Rise,Lobby
Number of Photos:55
Location:,,
Included:,,
Area:22
Courtesy of:Douglas Elliman
Universal Property Id:US-12025-N-3122020500450-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:18555
Street Address:18555 Collins Ave 5403
Unit Number:5403
City : Sunny Isles Beach
State : Florida
Zip Code : 33160
County : Miami-Dade County
Full Address:18555 Collins Ave 5403, Sunny Isles Beach, FL 33160
Latitude:N25° 56' 53.4''
Longitude:W81° 52' 48.1''

Neighborhood

Postal City:Sunny Isles Beach

Property Map

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