$4,500,000
SOLD DEC 12, 2022

Porsche Design Tower 18555 Collins Ave Unit 2003 Sunny Isles Beach, FL 33160

3 Beds
4.5 Baths
3,171 Sq Ft
$3,834/mo HOA Fee

Recently Sold

$1,419 Per Sq Ft

7% Below List Price

422 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Private Beach Pavilion
  • Intracoastal View

About This Home

As of December 2022

The most exciting part of this unit is being located on the world's first condominium complex with elevators that will take residents directly to their units while they are sitting in their cars. The 57-story building is made completely with glass to ensure that no view is compromised and all plans. Offer Spa / Gym and a lot of other entitlement amenities, Piano Lounge, Wine tasting area, restaurant. The unit faces the Intracoastal waterways. 2 car garage in your unit. Dramatic walls of tinted glass surround the living and dining area, kitchen, bedrooms, and baths Oversized Balconies include private splash pools (10 x 15). Summer Kitchens on the Terraces and much more

Last Agent to Sell the Property

Luiza Weisberg

London Foster Realty License #3261280 Listed on: 10/01/2021

London Foster Realty

Co-Listed By

Christiano Gomes

London Foster Realty License #3285833

Last Buyer's Agent

Max Farbstein

Douglas Elliman License #3469419

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $46,418

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $3,834 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Converted Garage
  • Electric Vehicle Home Charger

Interior Spaces

  • 3,171 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • <<selfCleaningOvenToken>>
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Unrestricted saltwater access
  • Enclosed Glass Porch

Location

  • East of U.S. Route 1

Schools

  • Norman S. Edelcup K-8 Elementary And Middle School
  • Alonzo And Tracy Mourning Sr. High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-050-0530

Community Details

Overview

  • 132 Units
  • High-Rise Condominium
  • Porsche Design Tower Condos
  • 18555 Collins Avenue Cond Subdivision
  • 57-Story Property

Amenities

  • Doorman
  • Billiard Room
  • Secure Lobby

Recreation

  • Private Beach Pavilion
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$46,418

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$3,834 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: LNFS01
  • Co List Office Phone: 305-514-0100
  • Directions: Located in Sunny Isles Beach at Collins Avenue and 185 Street.
  • Entry Level: 20
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 18555 COLLINS AVENUE COND
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Cooking Island, Volume Ceilings, Walk-In Closet(s), Garage Converted, Maid/In-Law Quarters
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3171
  • Possible Use: Primary
  • Stories: 57
  • Bedroom Features: Entry Level, Sitting Area - Master Bedroom
  • Dining Room Features: Dining/Living Room, Other
  • Living Room Features: Garage Converted, Glassed Porch, Maid/In-Law Quarters
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Intracoastal View
  • Exterior Features: East Of Us1, Open Balcony
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony, Glass Enclosed
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PORSCHE DESIGN TOWER
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Electric Vehicle Charging Station(s)

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Doorman, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3834
  • Amenities: Billiard Room, Exercise Room, Heated Pool, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

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

Lot Info

  • Parcel Number: 31-22-02-050-0530
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 3834
  • Number Of Units In Community: 132
  • Number Of Units Total: 132

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 46418

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2025
Sold by
Mph Digital Llc
Bought by
Pdt 2003 Llc

Purchase Details

Listed on
Oct 1, 2021
Closed on
Dec 9, 2022
Sold by
Medcorpe Usa Llc
Bought by
Das Holdings Llc
Seller's Agent
Luiza Weisberg
London Foster Realty
Buyer's Agent
Max Farbstein
Douglas Elliman
List Price
$4,850,000
Sold Price
$4,500,000
Premium/Discount to List
-$350,000
-7.22%
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.80%

Purchase Details

Closed on
Dec 12, 2016
Sold by
18555 Developers Llc
Bought by
Medcorpe Usa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,632,500
Interest Rate
3.54%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $4,000,000 None Listed On Document
Warranty Deed $4,000,000 None Listed On Document
Warranty Deed $4,500,000 Title Partners Of South Florid
Special Warranty Deed $4,050,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,632,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $3,999,000 -11.1% $1,261 / Sq Ft
07/10/2025 07/10/25 For Sale $4,500,000 0.0% $1,419 / Sq Ft
12/12/2022 12/12/22 Sold $4,500,000 -7.2% $1,419 / Sq Ft
11/27/2022 11/27/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $4,850,000 +7.8% $1,529 / Sq Ft
08/22/2022 08/22/22 Off Market $4,500,000 -- --
04/22/2022 04/22/22 For Sale $4,850,000 +7.8% $1,529 / Sq Ft
04/21/2022 04/21/22 Off Market $4,500,000 -- --
10/01/2021 10/01/21 For Sale $4,850,000 0.0% $1,529 / Sq Ft
11/01/2019 11/01/19 Rented $12,000 -31.4% --
10/29/2019 10/29/19 Under Contract -- -- --
08/04/2019 08/04/19 Price Changed $17,500 -2.8% $6 / Sq Ft
01/10/2019 01/10/19 For Rent $18,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $60,769 $3,565,200 -- --
2023 $60,769 $3,279,984 $0 $0
2022 $42,554 $2,178,990 $0 $0
2021 $39,128 $2,201,000 $0 $0
2020 $46,418 $2,589,000 $0 $0
2019 $46,543 $2,589,000 $0 $0
2018 $58,909 $3,452,000 $0 $0
2017 $53,672 $3,001,413 $0 $0
2016 $5,108 $185,953 $0 $0
2015 $3,669 $169,049 $0 $0
2014 $4,500 $232,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2025

    Max Farbstein

    Douglas Elliman

    (305) 677-5000

    17 Total Sales

    Max Farbstein
    Section Image
  • Ryan Farbstein

    Seller Co-Listing Agent in 2025

    Ryan Farbstein

    Douglas Elliman

    (305) 677-5000

    16 Total Sales

    Ryan Farbstein
    Section Image
  • Luiza Weisberg

    Seller's Agent in 2022

    Luiza Weisberg

    London Foster Realty

    (305) 213-9742

    39 Total Sales

    Luiza Weisberg
    Section Image

  • C

    Seller Co-Listing Agent in 2022

    Christiano Gomes

    London Foster Realty

    Section Image

  • M

    Buyer's Agent in 2019

    Mercia Alencar Almeida

    Elite International Realty Inc

    (305) 940-6611

    16 Total Sales

    Mercia Alencar Almeida
    Section Image
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About Porsche Design Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11105627

MIAMI REALTORS® MLS

APN: 31-2202-050-0530

Florida Miami/Dade County Sunny Isles Beach 33160

18555 Collins Ave Unit 2003, Sunny Isles Beach, FL

This home is located at 18555 Collins Ave Unit 2003, Sunny Isles Beach, FL 33160 and is currently priced at $4,500,000, approximately $1,419 per square foot. This property was built in 2016. 18555 Collins Ave Unit 2003 is a home located in Miami-Dade County with nearby schools including Norman S. Edelcup/Sunny Isles Beach K-8, Highland Oaks Middle School, and Alonzo & Tracy Mourning Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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