Cays Realty
18555 Collins Ave 5105, Sunny Isles Beach, FL 33160 — MLS photo

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18555 Collins Ave 5105, Sunny Isles Beach, FL 33160

Active · Condominium

$7,950,000

18555 Collins Ave 5105, Sunny Isles Beach, FL 33160

Beds
4
Baths
5
Living area
3,555 sq ft
$ / sq ft
$2,236/sq ft
Year built
2016
Lot size
—
HOA fee
$8,186 Monthly
Annual tax
$71,069

About this property

Live above it all in this spectacular 4-bedroom mansion in the sky at the iconic Porsche Design Tower—where engineering, exclusivity, and oceanfront lifestyle meet. Perched 51 stories high, this residence offers the most unobstructed Atlantic views in the tower. Drive into your private 2-car sky garage and enter a world of refined luxury: marble floors, TOTO smart toilets, automated blinds, custom closets, and a stunning Poggenpohl kitchen with Miele appliances. A private balcony pool and summer kitchen create the ultimate oceanfront sanctuary. Indulge in unmatched building amenities including room service, private chef, full restaurant & bar, spa, fitness center, and premier security. A residence crafted for those who expect only the extraordinary.

Property location

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18555 Collins Ave 5105, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
3,555 sq ft
Flooring
Marble
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
Cooling
Electric
Heating
Electric
Interior features
Breakfast Bar, Bidet, Built In Features, Bedroom On Main Level, Breakfast Area, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, First Floor Entry, Jetted Tub, Kitchen Island, Separate Shower, Walk In Closets, Elevator, Bar
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
2016
Stories
60
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Barbecue, Security High Impact Doors
Pool
Association
Waterfront
Ocean Access, Ocean Front
View
Ocean, Water

Parking

Garage spaces
2
Covered spaces
4
Parking features
Attached Carport, Attached, Garage, Valet

HOA, Community & Financials

Association fee
$8,186 Monthly
Fee inclusions
Amenities, Cable Tv, Internet, Maintenance Structure, Pest Control, Pools, Recreation Facilities, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Business Center, Community Kitchen, Elevators, Fitness Center, Other, Pool, Sauna, Spa Hot Tub, Trash, Vehicle Wash Area
Security
Complex Fenced, Secured Garage Parking, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$71,069
Subdivision
18555 COLLINS AVENUE COND
County
Miami-Dade
Days on market
18
MLS listing ID
A11916897
Listing status
Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$30,997

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.7%
Gross yield
4.3%
Mortgage payment
$37,687/mo
Down payment
$1,987,500
Loan amount
$5,962,500
Annual NOI
$80,279

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.