Property Details
| Asking Price | $10,950,000 |
|---|---|
| Price per SqFt | $2,636 |
| Maintenance Fee | $9,566 Monthly |
| Property Taxes | $90,212 2024 |
| Interior Space | 4,154 SqFt |
| Beds/Baths | 4/4½ |
| Year Built | 2016 |
| MLS # | A11917316 |
Location
From the listing
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.
Listed by Douglas Elliman
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $9,566 a month; taxes $90,212 for 2024. MLS figures, which may not be accurate.
Sales History for This Unit · Porsche Design Tower Unit 5501
| Sale ⇅ | Sold Price ⇅ | Closed Date ⇅ |
|---|---|---|
| A11294968 | $5,800,000 | 8/31/23 |
What Other Units Have Been Selling For at Porsche Design Tower
10 units sold at Porsche Design Tower in the last 12 months at an average of $1,159/SqFt · This unit (5501) is asking $2,636/SqFt
Below, the most recent sales most like this unit: units with the same bedroom count.
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed Date ⇅ |
|---|---|---|---|
| 3405 | $4,000,000$1,261/SqFt | 94% | 10/6/26 |
| 3205 | $3,700,000$1,167/SqFt | 93% | 9/15/26 |
| 3005 | $3,797,359$1,112/SqFt | 95% | 6/26/26 |
| 1703 | $4,200,000$1,011/SqFt | 105% | 4/14/26 |
| 801 | $4,300,000$1,056/SqFt | 91% | 10/10/25 |
| 4005 | $13,000,000$2,124/SqFt | 89% | 9/10/25 |
| 4401 | $7,600,000$1,242/SqFt | 70% | 4/25/25 |
| 3003 | $3,650,000$1,151/SqFt | 96% | 6/29/24 |
For a full analysis of past sales in this building, contact Mark Zilbert.
Listed by Douglas Elliman. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Sunny Isles Beach and throughout South Florida.
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Porsche Design Tower Unit 5501, 18555 Collins Avenue · MLS A11917316 · $10,950,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.
More at Porsche Design Tower
At Porsche Design Tower, 20 of 132 units are for sale and 10 sold in the last 12 months at an average of $1,159 per SqFt. Unit 5501 asks $2,636 per SqFt, above the building's recent sold average. Figures compiled by Mark Zilbert, a Sunny Isles Beach real estate agent with ONE Sotheby's International Realty, from MLS records.