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Condominium at 18555 Collins Ave # 5501, Sunny Isles Beach FL 33160Active
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Waterfront · Condominium
$10,950,000$2,636 / sqft

18555 Collins Ave # 5501, Sunny Isles Beach FL 33160

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

Location

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

Estimated loan & HOA

$64,935

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

Principal & interest
$55,369
HOA
$9,566 / 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
Douglas Elliman

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.