18555 Collins Ave # 1, Sunny Isles Beach FL 33160 | Miami-Dade County | A11883561
- $47,500,000
- $47,500,000
Description
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.
Property Overview
This is a 4-bedroom, 6.5-bath condominium of about 9560 square feet at 18555 Collins Ave # 1, Sunny Isles Beach FL 33160 (Sunny Isles Beach 33160), listed at $47,500,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $19,725.
The tax of record is $348,490 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $950,000/yr (≈ $79,167/mo); with the homestead exemption on a primary residence, about $949,000/yr (≈ $79,083/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 18555 Collins Ave # 1, Sunny Isles Beach FL 33160 is $47,500,000. This 4 bedroom, 6.5 bathroom home, spanning approximately 9560 square feet, is a significant property. Fixtures and built-in appliances generally convey with the home, but the furnished status is not stated on the record, meaning that furnishings do not necessarily convey. Community amenities, such as the Bar, Barbecue, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Sauna, Spa/Hot Tub, Trash Chute, and Vehicle Wash Area, are shared among homeowners and do not convey with the individual home, whereas the private pool is a feature of the home itself.
To verify what conveys with this property and to discuss the details of this listing, it is best to reach out to Christopher Lazaro, Sunny Isles Beach Real Estate Agent, who can provide specific information about the property, including any additional features or amenities that may be included in the sale, and guide you through the process of making an informed decision about this $47,500,000 home.
Where exactly is it, and what should I know about the location?
The property at 18555 Collins Ave # 1 is located in Sunny Isles Beach, FL 33160, situated along the coastal corridor of Collins Avenue. This address places it in a prominent position within the city, with the Atlantic Ocean to the east. The property's location is defined by its proximity to the beach and its placement within the Sunny Isles Beach community.
To verify the details of this location and the property at $47,500,000, with its 4 bedrooms and 6.5 bathrooms across approximately 9,560 square feet, contact Christopher Lazaro, Sunny Isles Beach Real Estate Agent, to schedule a viewing or discuss the property's features and potential.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for 18555 Collins Ave # 1 is $19,725, which covers specific expenses as outlined in the record, including All Amenities, Cable Tv, Common Area, Elevator, Internet/WiFi, Manager, Pool Service, Recreation Facilities, Reserve Fund, Security, Sewer, Trash Removal, and Water. This comprehensive coverage ensures that various aspects of the property are maintained and serviced. As the community is subject to city ordinances, it is essential to review the municipal code, available at https://library.municode.com/fl/sunny-isles-beach/codes/code_of_ordinances, to understand the regulations that apply. To verify the details of the HOA fee and its coverage, as well as to inquire about other aspects of the property, it is recommended that you contact Christopher Lazaro, Sunny Isles Beach Real Estate Agent, to discuss your specific needs and concerns regarding this $47,500,000 listing.
For personalized guidance on this 4bd/6.5ba ~9560 sqft property, reach out to Christopher Lazaro to schedule a consultation and gain a deeper understanding of what this luxury property has to offer, from its amenities to its compliance with local regulations, ensuring you make an informed decision in your real estate investment.
What are the property taxes and homestead implications?
The property taxes for 18555 Collins Ave # 1, Sunny Isles Beach FL 33160, listed at $47,500,000, can be estimated in two ways. As an ESTIMATE ONLY, considering the Miami-Dade rate near 2.0%, the annual property tax would be about $950,000/yr (approximately $79,167/mo) without homestead, and about $949,000/yr (approximately $79,083/mo) with the homestead exemption, which lowers the taxable value only for a primary residence. The tax of record is $348,490 (2024), but Florida reassesses at sale, so these figures are ESTIMATES ONLY, not quotes.
To confirm these estimates, it is essential to consult the Miami-Dade Property Appraiser and a tax professional. For accurate and up-to-date information, and to verify the specifics of this property, we recommend reaching out to Christopher Lazaro, Sunny Isles Beach Real Estate Agent, to discuss the details and implications of the homestead exemption and property taxes for this $47,500,000, 4bd/6.5ba ~9560 sqft property.
Is the home in a flood zone, and what does that mean?
The property at 18555 Collins Ave # 1, Sunny Isles Beach FL 33160, listed at $47,500,000, is located in an area that may be affected by flood zones. Flood zones are areas that the Federal Emergency Management Agency (FEMA) has designated as being at risk for flooding, which can be caused by a variety of factors including storms, heavy rainfall, and storm surges. For more information on flood zones, you can visit the FEMA definitions page. To determine the specific flood zone designation for this property, you can View the FEMA flood map for this address.
Lenders often require flood insurance for properties located in high-risk flood zones, which can impact the cost of owning the property. If you are interested in learning more about the flood zone designation for this property and how it may affect your purchase, contact Christopher Lazaro, Sunny Isles Beach Real Estate Agent, to verify the information and discuss your options. You can reach out to him to schedule a consultation and get a better understanding of what this means for your potential purchase of this 4bd/6.5ba ~9560 sqft property.
Are pets allowed?
Pets are allowed, with possible restrictions, at 18555 Collins Ave # 1, according to the MLS record. A nonrefundable pet fee applies. We can pull the association's exact current pet rules for this unit on request. If a documented service animal or ESA is involved, separate federal accommodation rules can apply.
To verify the pet policy and other details for this $47,500,000, 4bd/6.5ba, ~9560 sqft property, contact Christopher Lazaro, Sunny Isles Beach Real Estate Agent, to discuss your specific situation and get the most up-to-date information on this listing.
How is the price set and is there room to negotiate?
Miami-Dade condos have recently been closing at 94% of list, about 64 days on market, according to MIAMI REALTORS®, May 2026. This market statistic provides a general idea of the negotiability of condo prices in the area. However, the specific price of 18555 Collins Ave # 1, listed at $47,500,000, may be influenced by factors unique to the building and its vicinity. A comparative market analysis (CMA) for Sunny Isles Beach would provide a more accurate assessment of the property's value and potential room for negotiation. To get a better understanding of the property's value and to verify the listing price, it's recommended to reach out to Christopher Lazaro, Sunny Isles Beach Real Estate Agent, who can provide a detailed CMA and guide you through the negotiation process.
Before setting an offer, it's essential to have a clear understanding of the property's value in the current market. Christopher Lazaro can provide you with a Sunny Isles Beach-specific CMA, taking into account the property's characteristics, such as its 4 bedrooms, 6.5 bathrooms, and approximately 9,560 square feet of living space. Contact Christopher Lazaro to discuss your options and determine the best course of action for your specific situation.
What financing step do you recommend before touring?
To ensure a smooth process, it's recommended that you get pre-approved for financing before touring the property at 18555 Collins Ave # 1, Sunny Isles Beach FL 33160, listed at $47,500,000. Speaking with a Florida-licensed Mortgage Loan Originator (MLO) can help you understand your financing options. You can start this process by visiting https://Get-PreApproved.com to get pre-approved. This step will give you a clear understanding of your budget and allow you to proceed with confidence when touring properties like this 4bd/6.5ba, ~9560 sqft residence. To verify the details of this property and discuss your options, contact Christopher Lazaro, Sunny Isles Beach Real Estate Agent, to schedule a tour and explore how this property fits your needs.
Monthly Fees & Carrying Costs
| Association Fee | $19,725 / month |
| Total Monthly Fees | $19,725 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this Sunny Isles Beach listing?
Talk directly with Christopher Lazaro, your Sunny Isles Beach real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: Collins Ave
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City: Sunny Isles Beach
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State/county: Miami-Dade County
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Zip/Postal Code: 33160
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Area: 18555 COLLINS AVENUE COND
Details
Updated on September 1, 2026 at 6:50 am-
Property ID A11883561
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Price $47,500,000
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Property Size 9560 Sq Ft
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Bedrooms 4
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Room 0
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Bathrooms 6.5
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Garages 6
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Year Built 2016
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Other
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Waterfront Features Ocean Front
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Bedroom Features Primary Bath Shower, Primary Bath Tub, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
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Cooling Central Air
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Association Type Condo
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Building Porsche Design Tower
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Association Fee Frequency Monthly
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Area 18555 Collins Avenue Cond
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Annual Tax 348490
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Association Yes
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Elementary School Norman S. Edelcup K-8
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Private Pool Yes
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Listing Terms All Cash, Conventional
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Neighborhood Sunny Isles Beach
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Waterfront Yes
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Full Bathrooms 6
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Subdivision 18555 COLLINS AVENUE COND
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Total Stories 60
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Restrictions Other Restrictions
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Parking Attached Carport, 2 Or More Spaces, Covered, Valet
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2024
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Construction Concrete Block Construction
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Building Area 19403
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Covered Spaces 12
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Middle School Norman S. Edelcup K-8
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Unit Floor 56
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View Intracoastal View, Direct Ocean, Skyline
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Year Built Details Resale
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High School Alonzo and Tracy Mourning Sr. High
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Pets Allowed Yes
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Attached Yes
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Unit Number PH-1
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Inclusions Deeded Beach Access
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Half Bathrooms 1
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Flood Zone X
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Patio / Porch Open Balcony, Open Porch
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New Construction No
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Garage Spaces 6
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Style Condo 5+ Stories
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Association Fee 19725
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
Features
- Bar
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Den/Library/Office
- Dishwasher
- Disposal
- Dryer
- East Of Us1
- Electric Range
- Elevator
- Entrance Foyer
- Family Room
- First Floor Entry
- Florida Room
- Garage Attached
- Has a View
- Has Carport
- Has Cooling System
- Has Garage
- Has Heating System
- Has Pool
- Has Waterfront
- Home Owners Association
- Ice Maker
- Media Room
- Microwave
- Open Balcony
- Property Attached
- Recreation Room
- Refrigerator
- Trash Compactor
- Utility Room/Laundry
- Walk-In Closet(s)
- Wall Oven
- Washer
Mortgage Calculator
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
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PMI
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Monthly HOA Fees