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Waterfront · Condominium
$5,699,000$1,821 / sqft
18555 Collins Ave # 4603, Sunny Isles Beach FL 33160
Listed
3
Bedrooms
5
Bathrooms
3,130 sqft
Interior
2016
Year built
$7,133 / mo
HOA
Condominium
Type
About this home
Step into unparalleled luxury at Residence 4603 in the world-renowned Porsche Design Tower. This extraordinary 2-story sky residence features 3 bedrooms, 4.5 baths, soaring 21-foot ceilings, and walls of glass showcasing sweeping views of the Intracoastal, bay, city, and Downtown Miami. Fully furnished with sophisticated style, this home offers the rare feeling of a private estate in the sky. Arrive in ultimate style via your private car elevator to your in-unit garage. Enjoy elite amenities: private restaurant, poolside service, beachfront spa, salon, simulators, theater, and more. This is Miami at its most iconic — luxury redefined at every level.
Features
- First Floor Entry
- Closet Cabinetry
- Stacked Bedroom
- Volume Ceilings
- Den/Library/Office
- Utility Room/Laundry
- East Of Us1
- Barbeque
- Open Balcony
- Bay
- Intracoastal View
- Water View
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,250–$12,000.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.