18555 Collins Ave 4405, Sunny Isles Beach, FL 33160 — MLS photo

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18555 Collins Ave 4405, Sunny Isles Beach, FL 33160

Active · Condominium

$16,950,000

18555 Collins Ave 4405, Sunny Isles Beach, FL 33160

Beds
4
Baths
5
Living area
6,121 sq ft
$ / sq ft
$2,769/sq ft
Year built
2016
Lot size
—
HOA fee
$13,950
Annual tax
—

About this property

Crown Jewel Penthouse at Porsche Design Tower. This 2-level oceanfront residence features soaring 22-ft ceilings, custom wet bar, 98" Sony TV, MiaCucina kitchen with Wolf & Thermador appliances, & a striking Cetta 1800-bottle wine cellar. The primary suite includes Ornare closet, office & gym. Expansive terraces boast a mosaic-tiled pool, fire pit & summer kitchen. Fully Lutron automated Savant, 14 TVs, 3 fireplaces & 4-car sky garage with private elevator. A mansion in the sky, completely reimagined turnkey with exquisite upgrades & flawless finishes. This smart home showcases breathtaking ocean, city & Intracoastal views—set in one of the worlds most exclusive boutique buildings with unmatched privacy & the iconic Dezervator that seamlessly parks you & your car directly inside your home.

Property location

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18555 Collins Ave 4405, Sunny Isles Beach, FL 33160

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Facts & features

Interior

Bedrooms
4
Bathrooms
5
Living area
6,121 sq ft

Exterior & Structure

Property type
Condominium
Year built
2016

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$13,950
County
Miami-Dade
MLS listing ID
A12031253
Listing status
Active

Investment intelligence

Yield & ROI calculator

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

Estimated monthly cash flow

-$79,160

Cap rate
0.1%
Net yield
0.1%
Cash-on-cash return
-20.0%
Gross yield
4.1%
Mortgage payment
$80,352/mo
Down payment
$4,237,500
Loan amount
$12,712,500
Annual NOI
$14,304

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