$4,500,000
SOLD MAY 20, 2019

Porsche Design Tower 18555 Collins Ave Unit 3705 Sunny Isles Beach, FL 33160

3 Beds
4.5 Baths
5,913 Sq Ft
$3,200/mo HOA Fee

Recently Sold

$761 Per Sq Ft

44% Below List Price

805 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 May 2019

Amazing Unit, Direct Ocean Front, 3bed/3bath+1hbath+plus service room with bath+ Den/Family room. Terrace with private pool & summer kitchen, private garage, robotic car elevator. Five starts amenities: gym, spa, beach service, private restaurant, theater, virtual gulf game, race car simulator, lounge bar & coffee. Must See. Be the first to live in the unit. Easy to show. Please request showing within 24 hs notice. Bring your best offer, owner is aware of multiple listings in the building. Owner is willing to consider other properties from the buyer as part of the payment.

Last Agent to Sell the Property

Romina Kotliar

Compra Venta Miami License #3310362 Listed on: 01/22/2017

Last Buyer's Agent

Edgardo De Fortuna

MMLS Assoc.-Inactive Member License #0258102

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $81,024

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $3,200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 37th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,913 Sq Ft Home
  • Fireplace
  • Family Room
  • Den
  • Video Cameras

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-050-1160

Community Details

Overview

  • High-Rise Condominium
  • Porsche Design Tower Condos
  • Porsche Design Tower Subdivision
  • 52-Story Property

Amenities

  • Doorman
  • Bar or Lounge
  • Secure Lobby
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Secure Elevator
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$81,024

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$3,200 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2017
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 37
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • 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, Ice Maker, Microwave, Refrigerator, Washer
  • Interior Amenities: Elevator, Den/Library/Office, Family Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 5913
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 52
  • Window Features: Impact Glass
  • Bedroom Features: Other
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • 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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Doorman, Elevator Secure, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 3200
  • Amenities: Bar, Elevator(s), Exercise Room, Heated Pool, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-050-1160
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 3200

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2017
Closed on
May 2, 2019
Sold by
18555 P Sunny Investments Miami Inc
Bought by
Royalty Home Llc
Seller's Agent
Romina Kotliar
Compra Venta Miami
Buyer's Agent
Edgardo De Fortuna
MMLS Assoc.-Inactive Member
List Price
$8,100,000
Sold Price
$4,500,000
Premium/Discount to List
-$3,600,000
-44.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$3,600,000
Outstanding Balance
$3,165,280
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$3,754,416

Purchase Details

Closed on
Jan 9, 2017
Sold by
18555 Developers Llc
Bought by
18555 P Sunny Investments Miami Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,287,500
Interest Rate
4.75%
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 Type Sale Price Title Company
Warranty Deed $4,500,000 Attorney
Special Warranty Deed $4,875,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,600,000 New Conventional
Previous Owner $2,287,500 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 For Rent $29,000 0.0% --
08/20/2025 08/20/25 Price Changed $8,500,000 -5.6% $2,046 / Sq Ft
04/22/2025 04/22/25 For Sale $9,000,000 0.0% $2,167 / Sq Ft
06/01/2024 06/01/24 Rented $28,000 -6.7% --
03/08/2024 03/08/24 Price Changed $30,000 -14.3% $7 / Sq Ft
01/17/2024 01/17/24 Price Changed $35,000 -12.5% $8 / Sq Ft
12/01/2023 12/01/23 For Rent $40,000 0.0% --
05/20/2019 05/20/19 Sold $4,500,000 -9.8% $761 / Sq Ft
04/07/2019 04/07/19 Pending -- -- --
05/29/2018 05/29/18 Price Changed $4,990,000 -8.4% $844 / Sq Ft
02/14/2018 02/14/18 Price Changed $5,450,000 -6.0% $922 / Sq Ft
12/02/2017 12/02/17 Price Changed $5,797,000 -0.9% $980 / Sq Ft
12/01/2017 12/01/17 Price Changed $5,847,000 -13.9% $989 / Sq Ft
08/26/2017 08/26/17 Price Changed $6,787,000 -16.2% $1,148 / Sq Ft
01/22/2017 01/22/17 For Sale $8,100,000 -- $1,370 / 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 $81,024 $4,650,127 -- --
2024 $78,061 $4,227,389 -- --
2023 $78,061 $3,843,081 $0 $0
2022 $64,747 $3,493,710 $0 $0
2021 $62,736 $3,529,000 $0 $0
2020 $66,609 $3,715,200 $0 $0
2019 $61,841 $3,440,000 $0 $0
2018 $109,671 $6,254,000 $0 $0
2017 $101,665 $5,685,189 $0 $0
2016 $6,690 $243,564 $0 $0
2015 $4,805 $221,422 $0 $0
2014 $5,894 $304,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    Jackeline Rivera Matos

    Cervera Real Estate Inc.

    (786) 307-2638

    7 Total Sales

    Jackeline Rivera Matos
    Section Image

  • C

    Buyer's Agent in 2024

    Calli Henley

    Luxe Properties

    (605) 215-7822

    1 in this area

    9 Total Sales

    Calli Henley
    Section Image

  • R

    Seller's Agent in 2019

    Romina Kotliar

    Compra Venta Miami

    (786) 285-9864

    4 in this area

    23 Total Sales

    Romina Kotliar
    Section Image

  • E

    Buyer's Agent in 2019

    Edgardo De Fortuna

    MMLS Assoc.-Inactive Member

    Section Image
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About Porsche Design Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10211518

MIAMI REALTORS® MLS

APN: 31-2202-050-1160

Florida Miami/Dade County Sunny Isles Beach 33160

18555 Collins Ave Unit 3705, Sunny Isles Beach, FL

This home is located at 18555 Collins Ave Unit 3705, Sunny Isles Beach, FL 33160 and is currently priced at $4,500,000, approximately $761 per square foot. This property was built in 2017. 18555 Collins Ave Unit 3705 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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