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Waterfront · Condominium
$4,249,000$1,340 / sqft
18555 Collins Ave # 3405, Sunny Isles Beach FL 33160
Listed
4
Bedrooms
5
Bathrooms
3,171 sqft
Interior
2016
Year built
$5,560 / mo
HOA
Condominium
Type
About this home
MAJOR PRICE REDUCTION!! Experience unparalleled luxury living in this stunning 4-bedroom apartment at the iconic Porsche Tower Residences. Offering sophisticated design and exceptional finishes, this residence boasts expansive open spaces and windows that flood the home with natural light. Enjoy the ultimate in privacy and comfort with your own private pool on the balcony, perfect for relaxing while taking in breathtaking panoramic views. Additional features include two private parking spaces and access to world-class amenities, ensuring the highest level of convenience and exclusivity. Live the dream in one of Miami’s most prestigious addresses. That's a MUST SEE
Features
- First Floor Entry
- East Of Us1
- Other
- Open Balcony
- Bay
- Canal
- Direct Ocean
- Other View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
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 118 active listings; the middle half ask $15,900–$37,000.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.