$4,995,000
$705K PRICE DROP

Porsche Design Tower 18555 Collins Ave Unit 5004 Sunny Isles Beach, FL 33160

North Biscayne Beach Neighborhood

Estimated payment $39,451/month

Total Views 982
3 Beds
4.5 Baths
3,130 Sq Ft
$1,596 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Fitness Center
  • Norman S. Edelcup/Sunny Isles Beach K-8 Rated A-
  • Private Beach Pavilion
  • Vaulted Ceiling

About This Home

Dramatic price reduction. Sky-High Sophistication at Porsche Design Tower. Welcome to the pinnacle of oceanfront luxury in this jaw-dropping two-story duplex, soaring from the 50th floor of the world-renowned Porsche Design Tower Miami. This ultra-luxe sky residence features 3 spacious bedrooms, 4.5 opulent bathrooms, and boasts dramatic 21-foot ceilings that flood the space with natural light and panoramic southwest water views as far as the eye can see.

Seamlessly blending innovation with indulgence, the iconic Sky Garage with private car elevator lets you drive directly into your home—an experience reserved for the truly elite. The expansive private terrace is tailor-made for grand entertaining or serene relaxation, bringing indoor-outdoor living to dazzling new heights

Listing Agent

Elizabeth Margulis

Related ISG Realty, LLC. License #3066817

Related ISG Realty, LLC.

Co-Listing Agent

Scott Fortney

Related ISG Realty, LLC. License #3233078

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $64,806

Year Built

  • Built in 2016

HOA Fees

  • $6,171 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,130 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Blinds
  • Sliding Windows
  • Formal Dining Room
  • Marble Flooring

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 31-22-02-050-0840

Community Details

Overview

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

Amenities

  • Doorman
  • Trash Chute
  • Secure Lobby
  • Elevator

Recreation

  • Private Beach Pavilion
  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$64,806

Year Built

Built in 2016

Lot Details

0

HOA Fees

$6,171 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: RISR01
  • Co List Office Phone: 305-932-6365
  • Entry Level: 50
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 18555 COLLINS AVENUE COND
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Split Bedroom, Vaulted Ceiling(s), Volume Ceilings, Wet Bar
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Living Area: 3130
  • Other Equipment: Elevator
  • Stories: 56
  • Window Features: Blinds, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining, Snack Bar/Counter
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Skyline
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • 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, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 6171
  • Amenities: Child Play Area, Elevator(s), Exercise Room, Heated Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 31-22-02-050-0840
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 64806

Map

Range of Values:

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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
2024 $62,417 $3,400,838 -- --
2023 $62,417 $3,091,671 $0 $0
2022 $53,583 $2,810,610 $0 $0
2021 $50,470 $2,839,000 $0 $0
2020 $56,547 $3,154,000 $0 $0
2019 $56,700 $3,154,000 $0 $0
2018 $67,296 $3,943,000 $0 $0
2017 $61,318 $3,428,931 $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

Property History

Date Event Price Change Sq Ft Price
04/12/2025 04/12/25 Price Changed $4,995,000 -12.4% $1,596 / Sq Ft
01/20/2025 01/20/25 For Sale $5,700,000 0.0% $1,821 / Sq Ft
08/02/2024 08/02/24 Rented $20,000 -16.7% --
02/07/2024 02/07/24 Price Changed $24,000 -11.1% $8 / Sq Ft
08/12/2023 08/12/23 Price Changed $27,000 -10.0% $9 / Sq Ft
05/22/2023 05/22/23 For Rent $30,000 +20.0% --
09/01/2022 09/01/22 Rented $25,000 -16.7% --
08/08/2022 08/08/22 Under Contract -- -- --
05/09/2022 05/09/22 For Rent $30,000 0.0% --
07/03/2019 07/03/19 Sold $4,000,000 -18.4% $1,278 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/14/2019 05/14/19 For Sale $4,900,000 0.0% $1,565 / Sq Ft
05/01/2019 05/01/19 Rented $15,000 -6.3% --
03/12/2019 03/12/19 Price Changed $16,000 -15.3% $5 / Sq Ft
02/08/2019 02/08/19 For Rent $18,900 -- --
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $4,000,000 Attorney
Special Warranty Deed $5,200,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,960,000 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11728453

MIAMI REALTORS® MLS

APN: 31-2202-050-0840