$11,950,000

Porsche Design Tower 18555 Collins Ave Unit 5501 Floor 55 Sunny Isles Beach, FL 33160

Estimated payment $79,943/month

Total Views 455
3 Beds
4.5 Baths
4,154 Sq Ft
$2,877 Price per Sq Ft

Highlights

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

About This Home

Luxury doesn’t knock. It drives in. At Porsche Design Tower, your car parks beside your living room, and your neighbors are the names behind headlines. This 4,154 sq ft Lower Penthouse is fully renovated, designer-furnished, and offered turnkey for immediate occupancy. Featuring 4 bedrooms and 4.5 bathrooms, it blends refined elegance with expansive layouts designed for entertaining, privacy, and lifestyle. Residents enjoy unmatched amenities, white glove beach and pool service, private pool, sauna, spa, fitness center, restaurant bar, cabanas, BBQ/picnic area, clubhouse, car simulator, sports simulator, kitchen facilities, and vehicle wash. Contact listing agents for more information.

Listing Agent

Max Farbstein

Douglas Elliman License #3469419 Listed on: 12/02/2025

Douglas Elliman

Co-Listing Agent

Ryan Farbstein

Douglas Elliman License #3468518

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $90,212

Year Built

  • Built in 2016

HOA Fees

  • $9,566 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Home Design

  • Entry on the 55th floor

Interior Spaces

  • 4,154 Sq Ft Home
  • Fireplace
  • Combination Dining and Living Room
  • Marble Flooring

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Grill

Schools

  • Norman S. Edelcup K-8 Elementary School
  • Highland Oaks Middle School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-050-0440

Community Details

Overview

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

Amenities

  • Doorman
  • Clubhouse
  • Community Kitchen
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Bar or Lounge
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$90,212

Year Built

Built in 2016

Lot Details

0

HOA Fees

$9,566 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: DEOM10
  • Co List Office Phone: 305-677-5000
  • Entry Level: 55
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded 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
  • CurrentPrice: 11950000
  • InternetRemarks: Luxury doesn’t knock. It drives in. At Porsche Design Tower, your car parks beside your living room, and your neighbors are the names behind headlines
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Cooking Island, Elevator, Fire Sprinklers, 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
  • Living Area: 4154
  • Other Equipment: Elevator
  • Stories: 60
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Ocean View, Direct Ocean
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Secured Garage/Parking, Guard At Site

Condo/Co-op/Association

  • Association Fee: 9566
  • Amenities: Bar, Billiard Room, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Pool, Private Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Norman S. Edelcup K-8
  • Middle Or Junior School: Highland Oaks

Lot Info

  • Parcel Number: 31-22-02-050-0440

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 90212

Map

About Porsche Design Tower

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $106,280 $5,206,822 -- --
2024 $88,146 $6,311,300 -- --
2023 $88,146 $4,433,231 $0 $0
2022 $73,303 $4,030,210 $0 $0
2021 $69,260 $3,896,000 $0 $0
2020 $72,989 $4,100,760 $0 $0
2019 $68,259 $3,797,000 $0 $0
2018 $165,484 $9,437,000 $0 $0
2017 $153,408 $8,578,722 $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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2025 12/02/25 For Sale $11,950,000 +106.0% $2,877 / Sq Ft
08/31/2023 08/31/23 Sold $5,800,000 -6.3% $1,396 / Sq Ft View Prior Sale
08/08/2023 08/08/23 Pending -- -- --
07/06/2023 07/06/23 Price Changed $6,190,000 -1.6% $1,490 / Sq Ft
06/22/2023 06/22/23 Price Changed $6,290,000 -1.5% $1,514 / Sq Ft
06/13/2023 06/13/23 Price Changed $6,389,000 0.0% $1,538 / Sq Ft
03/02/2023 03/02/23 Price Changed $6,390,000 -3.0% $1,538 / Sq Ft
11/15/2022 11/15/22 For Sale $6,590,000 0.0% $1,586 / Sq Ft
07/01/2018 07/01/18 Rented $18,000 -9.5% --
06/19/2018 06/19/18 Under Contract -- -- --
06/19/2018 06/19/18 For Rent $19,900 0.0% --
05/15/2018 05/15/18 For Rent $19,900 -9.5% --
09/21/2017 09/21/17 Rented $22,000 -11.6% --
08/03/2017 08/03/17 Price Changed $24,900 -7.4% $4 / Sq Ft
07/11/2017 07/11/17 Price Changed $26,900 -3.6% $5 / Sq Ft
06/25/2017 06/25/17 Price Changed $27,900 -5.4% $5 / Sq Ft
05/04/2017 05/04/17 For Rent $29,500 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $5,800,000 None Listed On Document
Special Warranty Deed $6,350,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,000,000 New Conventional
Previous Owner $3,000,000 Unknown
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11917316

MIAMI REALTORS® MLS

APN: 31-2202-050-0440

Florida Miami/Dade County Sunny Isles Beach 33160

18555 Collins Ave Unit 5501, Sunny Isles Beach, FL

For Sale

Condos

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Listing Agent
Max Farbstein
Section Image
Douglas Elliman
(786) 686-9498