$3,537,500
SOLD JAN 24, 2025

Porsche Design Tower 18555 Collins Ave Unit 2803 Sunny Isles Beach, FL 33160

3 Beds
4.5 Baths
3,171 Sq Ft
$5,033/mo HOA Fee

Recently Sold

$1,116 Per Sq Ft

41% Below List Price

517 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Fitness Center
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Bar or Lounge
  • Intracoastal View

About This Home

As of January 2025

Extraordinary 3 bedroom apartment in the exclusive Porsche Design Tower features 2 of your favorite cars in your living room and a pool/jacuzzi on the balcony. Enjoy panoramic intracoastal views with stunning sunsets everyday from this beautifully furnished house in the sky. This residence features high end furniture, custom lighting, and a gorgeous Venetian plaster finish. Exceptional 5 star service in all the amenities of the building including beach, pool, catering and room service 7 days a week. Amenities also include car simulator, sport simulator, movie theatre, spa, sauna, massage and facial treatment rooms, oceanfront gym, vicchi shower, and bar.

Last Agent to Sell the Property

Melissa Barragan

Dezer Platinum Realty LLC License #3347201 Listed on: 08/15/2023

Dezer Platinum Realty LLC

Last Buyer's Agent

Jay Brandt

Compass Florida, LLC License #3493863

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $46,075

Year Built

  • Built in 2016

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor

HOA Fees

  • $5,033 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

Home Design

  • Entry on the 28th floor

Interior Spaces

  • 3,171 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Beach Access
  • Outdoor Grill

Location

  • East of U.S. Route 1

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-050-0610

Community Details

Overview

  • 132 Units
  • High-Rise Condominium
  • Porsche Design Tower Condos
  • 18555 Collins Avenue Cond,Porsche Design Tower Subdivision
  • Car Wash Area
  • 60-Story Property

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Private Guards
  • Secure Elevator
  • Clear Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$46,075

Year Built

Built in 2016

Lot Details

0

HOA Fees

$5,033 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Located in Billionaires Row on 185th and Collins Ave (north of Miami Beach) in the highly sought after Sunny Isles Beach.
  • Entry Level: 28
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access, Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 18555 COLLINS AVENUE COND,Porsche Design Tower
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 3171
  • Possible Use: Unknown/Withheld
  • Stories: 60
  • Window Features: Clear Impact Glass, Blinds, Impact Glass
  • Bedroom Features: Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Bay, Intracoastal View, Water View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Porsche Design Tower
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, 2 Or More Spaces

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Elevator Secure, Lobby Secured, Private Guards

Condo/Co-op/Association

  • Association Fee: 5033
  • Amenities: Bar, Barbecue, Elevator(s), Exercise Room, Heated Pool, Other, Private Pool, Sauna, Spa/Hot Tub, Trash Chute, Vehicle Wash Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-050-0610
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 132
  • Number Of Units Total: 132

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 46075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Jan 21, 2025
Sold by
Parcours Invest Llc
Bought by
Iayuzbashev Llc
Seller's Agent
Melissa Barragan
Dezer Platinum Realty LLC
Buyer's Agent
Jay Brandt
Compass Florida, LLC
List Price
$5,990,000
Sold Price
$3,537,500
Premium/Discount to List
-$2,452,500
-40.94%
Views
133
Current Estimated Value
$3,789,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,853
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
Jan 10, 2017
Sold by
18555 Developers Llc
Bought by
Parcours Invest Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,994,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 $3,537,500 Union Title
Warranty Deed $3,537,500 Union Title
Special Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,994,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $3,537,500 +15280.4% $1,116 / Sq Ft
01/23/2025 01/23/25 Pending -- -- --
05/03/2024 05/03/24 Rented $23,000 0.0% --
11/27/2023 11/27/23 Price Changed $4,200,000 -15.8% $1,325 / Sq Ft
10/13/2023 10/13/23 Price Changed $4,990,000 -16.7% $1,574 / Sq Ft
08/24/2023 08/24/23 For Sale $5,990,000 0.0% $1,889 / Sq Ft
08/24/2023 08/24/23 For Rent $28,000 -- --
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
2025 $54,711 $3,088,320 -- --
2024 $52,710 $2,854,595 -- --
2023 $52,710 $2,595,087 $0 $0
2022 $46,075 $2,359,170 $0 $0
2021 $42,363 $2,383,000 $0 $0
2020 $50,272 $2,804,000 $0 $0
2019 $50,408 $2,804,000 $0 $0
2018 $65,550 $3,738,000 $0 $0
2017 $58,119 $3,250,059 $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

  • Melissa Barragan

    Seller's Agent in 2025

    Melissa Barragan

    Dezer Platinum Realty LLC

    (305) 988-4351

    14 in this area

    17 Total Sales

    Melissa Barragan
    Section Image

  • J

    Buyer's Agent in 2025

    Jay Brandt

    Compass Florida, LLC

    (561) 886-1600

    2 in this area

    8 Total Sales

    Jay Brandt
    Section Image
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About Porsche Design Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11440679

MIAMI REALTORS® MLS

APN: 31-2202-050-0610

Florida Miami/Dade County Sunny Isles Beach 33160

18555 Collins Ave Unit 2803, Sunny Isles Beach, FL

This home is located at 18555 Collins Ave Unit 2803, Sunny Isles Beach, FL 33160 and is currently priced at $3,537,500, approximately $1,115 per square foot. This property was built in 2016. 18555 Collins Ave Unit 2803 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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