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Waterfront · Condominium
$10,950,000$2,636 / sqft
18555 Collins Ave # 5501, Sunny Isles Beach FL 33160
Listed
4
Bedrooms
5
Bathrooms
4,154 sqft
Interior
2016
Year built
$9,566 / mo
HOA
Condominium
Type
About this home
Luxury doesn’t knock. It drives in. At Porsche Design Tower, your car parks beside your living room, and your neighbors are the names behind headlines. This 4,154 sq ft Lower Penthouse is fully renovated, designer-furnished, and offered turnkey for immediate occupancy. Featuring 4 bedrooms and 4.5 bathrooms, it blends refined elegance with expansive layouts designed for entertaining, privacy, and lifestyle. Residents enjoy unmatched amenities, white glove beach and pool service, private pool, sauna, spa, fitness center, restaurant bar, cabanas, BBQ/picnic area, clubhouse, car simulator, sports simulator, kitchen facilities, and vehicle wash. Contact listing agents for more information.
Features
- Lobby
- Closet Cabinetry
- Cooking Island
- Elevator
- Fire Sprinklers
- Walk-In Closet(s)
- East Of Us1
- Barbeque
- Open Balcony
- Ocean View
- Direct Ocean
Leasing
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.