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Condominium at 18555 Collins Ave # 1, Sunny Isles Beach FL 33160Active
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Waterfront · Condominium
$47,500,000$4,969 / sqft

18555 Collins Ave # 1, Sunny Isles Beach FL 33160

4
Bedrooms
7
Bathrooms
9,560 sqft
Interior
2016
Year built
$19,725 / mo
HOA
Condominium
Type

About this home

Penthouse One at Porsche Design Tower is the pinnacle of opulent living, a mansion in the sky where innovation & design meet timeless sophistication. Encompassing nearly 10,000 SF of interiors & more than 6,500 SF of private terraces, this 3-story residence is crowned by an expansive rooftop retreat. The grand room soars to 22-ft double-height ceilings offering uninterrupted ocean and intracoastal views. Exquisite stone floors, a glass-enclosed wine cellar, theater room, define elegance at every turn. A private 3,328 sf sky garage for 6 cars sets a new standard in luxury living.  At its summit, the rooftop sanctuary, two shimmering pools, summer kitchen, and sweeping panoramas offers an uncompromising resort experience above the shoreline.

Features

  • First Floor Entry
  • Bar
  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Elevator
  • Entrance Foyer
  • Walk-In Closet(s)
  • Den/Library/Office
  • Family Room
  • Florida Room
  • Media Room
  • Recreation Room
  • Utility Room/Laundry
  • East Of Us1
  • Open Balcony
  • Intracoastal View
  • Direct Ocean
  • Skyline

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$259,911

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$240,186
HOA
$19,725 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Dezer Platinum Realty LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.