NOT LISTED FOR SALE

Estimated Value: $3,893,000 - $4,916,000

3 Beds
4.5 Baths
3,785 Sq Ft
$5,717/mo HOA Fee

Last Sold September 04, 2024

Last sale price $4,750,000 $1,255 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $35,178/month

2,664 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Bar or Lounge
  • Newly Remodeled

About This Home

As of September 2024

Located on the 35th floor the apartment boasts breathtaking panoramic views of the Intracoastal, City & Downtown Miami with absolute privacy from every room. Beautifully finished with oversized diamond white marble in the social areas, European graphite oak wood floors in the bedrooms, custom closets and electric window treatments. Also offered with Poggenpohl kitchen cabinets, Miele appliances and bathrooms; over-sized terrace with private pool & BBQ. Furniture for sale. Featuring a unique car elevator that lets you ride the car up to your sky home. Building amenities: concierge, ocean front & sunset pools, spa & fitness center, movie theater, restaurant, lounge bar, virtual golf & car racing simulators.

Last Agent to Sell the Property

Ronit Perez

Suma Luxury Realty License #0695330 Listed on: 05/01/2017

Last Buyer's Agent

Jennifer Thomson

Coldwell Banker Realty License #3173903

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $69,386

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Ocean Front
  • Southwest Facing Home

HOA Fees

  • $5,717 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Deeded Parking

Property Views

Home Design

  • Entry on the 35th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,785 Sq Ft Home
  • Furnished
  • Furniture for Sale
  • Fireplace
  • Combination Dining and Living Room

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

Outdoor Features

  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-050-0680

Community Details

Overview

  • 132 Units
  • High-Rise Condominium
  • Porsche Design Tower Condos
  • Porsche Design Tower Subdivision
  • 56-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Bar or Lounge
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$69,386

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$5,717 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 35
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PORSCHE DESIGN TOWER
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Elevator, Laundry Tub, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Furniture For Sale, Furnished
  • Living Area: 3785
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 56
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Intracoastal View, Ocean View, Skyline
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southwest
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • 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, Deeded, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub
  • Security: Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 5717
  • Amenities: Bar, Billiard Room, Business Center, Community Room, Exercise Room, Pool, Private Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-050-0680
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2016

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2017
Closed on
Sep 3, 2024
Sold by
Enercom Properties Llc
Bought by
25105 Holdings Llc
Seller's Agent
Ronit Perez
Suma Luxury Realty
Buyer's Agent
Jennifer Thomson
Coldwell Banker Realty
List Price
$5,499,000
Sold Price
$4,750,000
Premium/Discount to List
-$749,000
-13.62%
Current Estimated Value
$4,501,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$248,466
Avg. Annual Appreciation
-4.45%

Purchase Details

Closed on
Apr 5, 2017
Sold by
18555 Developers Llc
Bought by
Enercom Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,480,000
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
25105 Holdings Llc $4,750,000 Sunbelt Title Agency
Enercom Properties Llc $58,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Enercom Properties Llc $3,480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2024 09/04/24 Sold $4,750,000 -13.6% $1,255 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
06/30/2024 06/30/24 For Sale $5,499,000 +15.8% $1,453 / Sq Ft
05/27/2024 05/27/24 Off Market $4,750,000 -- --
05/24/2024 05/24/24 For Sale $5,499,000 0.0% $1,453 / Sq Ft
02/29/2024 02/29/24 Rented $28,000 -99.4% --
02/26/2024 02/26/24 Under Contract -- -- --
02/26/2024 02/26/24 Off Market $4,750,000 -- --
10/09/2023 10/09/23 Price Changed $5,499,000 -7.6% $1,453 / Sq Ft
06/13/2023 06/13/23 Price Changed $5,950,000 0.0% $1,572 / Sq Ft
06/13/2023 06/13/23 For Sale $5,950,000 0.0% $1,572 / Sq Ft
06/07/2023 06/07/23 Price Changed $30,000 -14.3% $8 / Sq Ft
04/25/2023 04/25/23 For Rent $35,000 0.0% --
08/16/2022 08/16/22 Off Market $4,750,000 -- --
08/16/2022 08/16/22 For Sale $5,499,000 +15.8% $1,453 / Sq Ft
05/19/2022 05/19/22 Off Market $4,750,000 -- --
05/18/2022 05/18/22 For Sale $5,499,000 0.0% $1,453 / Sq Ft
03/01/2022 03/01/22 Rented -- -- --
02/18/2022 02/18/22 Off Market $4,750,000 -- --
01/28/2022 01/28/22 Under Contract -- -- --
01/12/2022 01/12/22 For Rent $30,000 +71.4% --
11/25/2020 11/25/20 Rented $17,500 -10.3% --
10/20/2020 10/20/20 For Rent $19,500 0.0% --
08/28/2020 08/28/20 Price Changed $5,950,000 0.0% $1,572 / Sq Ft
07/01/2020 07/01/20 Rented $16,000 -11.1% --
03/15/2020 03/15/20 Rented $18,000 -7.7% --
06/20/2019 06/20/19 For Rent $19,500 +5.4% --
06/20/2019 06/20/19 For Rent $18,500 0.0% --
11/13/2017 11/13/17 Price Changed $6,850,000 -3.5% $1,810 / Sq Ft
05/01/2017 05/01/17 For Sale $7,100,000 -- $1,876 / Sq Ft
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 $69,386 $3,980,880 -- --
2024 $66,549 $3,925,119 -- --
2023 $66,549 $3,568,290 $0 $0
2022 $58,495 $3,243,900 $0 $0
2021 $52,425 $2,949,000 $0 $0
2020 $57,462 $3,205,000 $0 $0
2019 $57,617 $3,205,000 $0 $0
2018 $74,932 $4,273,000 $0 $0
2017 $66,441 $3,715,422 $0 $0
2016 $5,736 $208,833 $0 $0
2015 $4,120 $189,849 $0 $0
2014 $5,054 $261,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10277665

MIAMI REALTORS® MLS

APN: 31-2202-050-0680