NOT LISTED FOR SALE

Porsche Design Tower 18555 Collins Ave Unit 5403 Sunny Isles Beach, FL 33160

Estimated Value: $4,611,457 - $5,826,000

3 Beds
4.5 Baths
3,130 Sq Ft
$6,172/mo HOA Fee

Last Sold February 28, 2024

Last sale price $4,800,000 $1,534 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $40,573/month

63 Days on Market

Highlights

  • Doorman
  • Direct Ocean View
  • Property fronts an intracoastal waterway
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Beach Access
  • Bar or Lounge

About This Home

As of February 2024

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.

Last Agent to Sell the Property

Lourdes Alatriste

Douglas Elliman License #0693485 Listed on: 12/22/2023

Douglas Elliman

Last Buyer's Agent

Yuliya Kachko

Oceanfront Group Inc License #3291911

Oceanfront Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $46,447

Year Built

  • Built in 2016

HOA Fees

  • $6,172 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Property Views

Home Design

  • Entry on the 54th floor

Interior Spaces

  • 3,130 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Fireplace
  • Blinds
  • Sliding Windows
  • Marble Flooring

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Beach Access
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Property fronts an intracoastal waterway
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-050-0450

Community Details

Overview

  • High-Rise Condominium
  • Porsche Design Condos
  • 18555 Collins Avenue Cond Subdivision
  • 59-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Billiard Room
  • Business Center
  • Bar or Lounge
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • Clear Impact Glass
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$46,447

Year Built

Built in 2016

Lot Details

0

HOA Fees

$6,172 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 54
  • 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
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers, Pantry, Volume Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Furnished
  • Living Area: 3130
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 59
  • Window Features: Clear Impact Glass, Blinds, Impact Glass, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: Intracoastal View, Ocean View, Direct Ocean
  • Exterior Features: Barbeque, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Porsche Design
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Doorman, Elevator Secure, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 6172
  • Amenities: Bar, Billiard Room, Business Center, Elevator(s), Exercise Room, Other, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-050-0450
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 46447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2023
Closed on
Feb 26, 2024
Sold by
Uretsky Moisey
Bought by
Elhosseiny Ryan
Seller's Agent
Lourdes Alatriste
Douglas Elliman
Buyer's Agent
Yuliya Kachko
Oceanfront Group Inc
List Price
$6,750,000
Sold Price
$4,800,000
Premium/Discount to List
-$1,950,000
-28.89%
Views
135
Current Estimated Value
$5,160,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,114
Avg. Annual Appreciation
4.84%

Purchase Details

Listed on
Aug 2, 2018
Closed on
Dec 20, 2019
Sold by
Bdv Investments Llc
Bought by
Uretsky Moisey
Seller's Agent
Chad Carroll
Compass Florida, LLC
Buyer's Agent
Chad Carroll
Compass Florida, LLC
List Price
$5,500,000
Sold Price
$3,854,000
Premium/Discount to List
-$1,646,000
-29.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
Dec 1, 2016
Sold by
18555 Developers Llc
Bought by
Bdv Investments Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Elhosseiny Ryan $4,800,000 None Listed On Document
Elhosseiny Ryan $4,800,000 None Listed On Document
Uretsky Moisey $3,854,000 Attorney
Bdv Investments Llc $6,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ureisky Moisey $2,800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2024 02/28/24 Sold $4,800,000 -3.9% $1,534 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
01/23/2024 01/23/24 Price Changed $4,995,000 -26.0% $1,596 / Sq Ft
12/22/2023 12/22/23 For Sale $6,750,000 +75.1% $2,157 / Sq Ft
12/20/2019 12/20/19 Sold $3,854,000 -12.4% $1,126 / Sq Ft
10/25/2019 10/25/19 Price Changed $4,399,000 -7.4% $1,286 / Sq Ft
07/12/2019 07/12/19 Price Changed $4,750,000 0.0% $1,388 / Sq Ft
05/01/2019 05/01/19 Rented $18,000 -7.7% --
02/28/2019 02/28/19 Under Contract -- -- --
02/22/2019 02/22/19 For Rent $19,500 0.0% --
08/02/2018 08/02/18 For Sale $5,500,000 0.0% $1,607 / Sq Ft
05/01/2018 05/01/18 Rented $18,000 -18.2% --
03/21/2018 03/21/18 Under Contract -- -- --
02/08/2018 02/08/18 For Rent $22,000 -- --
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 $78,032 $3,707,040 -- --
2024 $46,447 $4,633,800 -- --
2023 $46,447 $2,765,129 $0 $0
2022 $45,307 $2,684,592 $0 $0
2021 $50,769 $2,896,000 $0 $0
2020 $56,977 $3,218,000 $0 $0
2019 $57,850 $3,218,000 $0 $0
2018 $68,653 $4,023,000 $0 $0
2017 $62,550 $3,497,835 $0 $0
2016 $4,918 $179,052 $0 $0
2015 $3,533 $162,775 $0 $0
2014 $4,333 $224,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lourdes Alatriste

    Seller's Agent in 2024

    Lourdes Alatriste

    Douglas Elliman

    (305) 926-5322

    1 in this area

    94 Total Sales

    Lourdes Alatriste
    Section Image
  • Yuliya Kachko

    Buyer's Agent in 2024

    Yuliya Kachko

    Oceanfront Group Inc

    (305) 310-9305

    19 in this area

    34 Total Sales

    Yuliya Kachko
    Section Image

  • C

    Seller's Agent in 2019

    Chad Carroll

    Compass Florida, LLC

    (305) 400-9507

    26 in this area

    227 Total Sales

    Chad Carroll
    Section Image
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About Porsche Design Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11499658

MIAMI REALTORS® MLS

APN: 31-2202-050-0450

Florida Miami/Dade County Sunny Isles Beach 33160

18555 Collins Ave Unit 5403, Sunny Isles Beach, FL

This home is located at 18555 Collins Ave Unit 5403, Sunny Isles Beach, FL 33160 since 22 December 2023 and is currently estimated at $5,160,114, approximately $1,648 per square foot. This property was built in 2016. 18555 Collins Ave Unit 5403 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.

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