$4,398,480 - $4,775,000
RENTED SEP 23, 2024

Porsche Design Tower 18555 Collins Ave Unit 701BONUS Sunny Isles Beach, FL 33160

3 Beds
4.5 Baths
3,150 Sq Ft
2016 Built

Highlights

  • Ocean Front
  • Beach Access
  • Bar or Lounge
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Full Time Lobby Attendant
  • Fitness Center

About This Home

As of September 2024

Welcome to the epitome of luxury living at the Porsche Design Tower, where elegance meets innovation. This stunning 3-bedroom oceanfront apartment boasts unparalleled views of the glistening waters, offering a retreat of serenity and sophistication. Upon entering this architectural masterpiece, you are greeted by a seamless fusion of contemporary design and timeless luxury. Designer finishes and meticulous attention to detail elevate every corner, creating an ambiance of refined opulence. The expansive balcony features a private pool, offering a serene oasis to bask in the sun or enjoy a refreshing dip while savoring the ocean breeze. Step outside to your private sanctuary, where luxury knows no bounds. With direct access to the beach, every day feels like a vacation in paradise.

Last Agent to Rent the Property

Melissa Barragan

Dezer Platinum Realty LLC License #3347201 Listed on: 04/18/2024

Dezer Platinum Realty LLC

Last Renter's Agent

Gregory Gringruz

Exclusively Yours Realty License #3285937

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $51,502

Year Built

  • Built in 2016

Lot Details

  • Ocean Front
  • Southeast Facing Home

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Secure Parking

Home Design

  • Concrete Roof

Interior Spaces

  • 3,150 Sq Ft Home
  • Furnished
  • Blinds
  • Combination Dining and Living Room
  • Door Monitored By TV

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool

Outdoor Features

  • Beach Access
  • Outdoor Grill

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Property Available on 4/18/24
  • 1 Year With Renewal Option,More Than 1 Year Lease Term
  • Assessor Parcel Number 31-22-02-050-0010

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • 18555 Collins Avenue Cond Condos
  • 18555 Collins Avenue Cond Subdivision
  • Property has 1 Level

Amenities

  • Full Time Lobby Attendant
  • Game Room
  • Bar or Lounge

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • High Impact Windows
  • High Impact Door

Condo Details

Home Type

Condominium

Est. Annual Taxes

$51,502

Year Built

Built in 2016

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-04-18
  • Lease Term: 1 Year With Renewal Option,More Than 1 Year

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2016
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry, High Rise
  • Carport Y N: Yes
  • Directions: Drive your car into your 3 bedroom home in the sky in the exclusive & private Porsche Design Tower. Available now fully furnished for rent/sale. Located on the 7th floor, enjoy views of the pristine beaches of Sunny Isles Beach on Collins Ave & 185th St.
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access, Beach Access
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 60
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: 18555 COLLINS AVENUE COND
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 60

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Furnished
  • Living Area: 3150
  • Other Equipment: Elevator
  • Spa Features: Community
  • Stories: 60
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Concrete
  • View: Ocean, Direct Ocean
  • Exterior Features: Barbeque, Open Balcony
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Features: Heated, Hot Tub, Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 18555 COLLINS AVENUE COND
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Parking Features: Attached Carport, 2 Spaces

Utilities

  • Sewer: Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Gated with Guard, Lobby Attended, Key/Card Entry Parking, Security Patrol, TV Monitor

Condo/Co-op/Association

  • Amenities: Bar
  • Association: No
  • Community Features: Additional Amenities, Bar, Pool, Exercise Room, Game Room, Management On Site, Sauna, Security Patrol, Spa/Hot Tub

Lot Info

  • Parcel Number: 31-22-02-050-0010
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 1
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2017
Sold by
18555 Developers Llc
Bought by
Pdt 701 Llc
Current Estimated Value
$4,624,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,360,000
Interest Rate
4%
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 Buyer Sale Price Title Company
Pdt 701 Llc $5,600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pdt 701 Llc $3,350,000
Closed Pdt 701 Llc $3,360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2024 09/23/24 Rented $27,000 -12.9% --
06/11/2024 06/11/24 Price Changed $31,000 -6.1% $10 / Sq Ft
04/18/2024 04/18/24 For Rent $33,000 -- --
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 $51,502 $2,912,000 -- --
2024 $49,622 $2,683,296 -- --
2023 $49,622 $2,439,360 $0 $0
2022 $42,572 $2,217,600 $0 $0
2021 $39,821 $2,240,000 $0 $0
2020 $47,246 $2,635,200 $0 $0
2019 $43,864 $2,440,000 $0 $0
2018 $71,319 $4,067,000 $0 $0
2017 $66,120 $3,697,500 $0 $0
2016 $5,079 $184,891 $0 $0
2015 $3,648 $168,083 $0 $0
2014 $4,474 $231,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Barragan

    Landlord's Agent in 2024

    Melissa Barragan

    Dezer Platinum Realty LLC

    (305) 988-4351

    17 Total Sales

    Section Image
  • Gregory Gringruz

    Tenant's Agent in 2024

    Gregory Gringruz

    Exclusively Yours Realty

    (305) 343-9155

    48 Total Sales

    Section Image
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About Porsche Design Tower

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11572142

MIAMI REALTORS® MLS

APN: 31-2202-050-0010

Florida Miami/Dade County Sunny Isles Beach 33160

18555 Collins Ave Unit 701BONUS, Sunny Isles Beach, FL

This home is located at 18555 Collins Ave Unit 701BONUS, Sunny Isles Beach, FL 33160 since 18 April 2024 and is currently priced at $4,624,870. This property was built in 2016. 18555 Collins Ave Unit 701BONUS 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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