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Waterfront · Condominium
$16,950,000$2,769 / sqft
18555 Collins Ave # 4405, Sunny Isles Beach FL 33160
Listed
4
Bedrooms
5
Bathrooms
6,121 sqft
Interior
2016
Year built
$13,950 / mo
HOA
Condominium
Type
About this home
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.
Features
- First Floor Entry
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Custom Mirrors
- Elevator
- Entrance Foyer
- Volume Ceilings
- Walk-In Closet(s)
- Wet Bar
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 4-bed rentals across Miami-Dade, from 119 active listings; the middle half ask $15,900–$36,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.