tomo logo

$5,299,000

Beds
4
Baths
4.5
sq ft
3,555

18555 Collins Ave Unit 1505, Sunny Isles Beach, FL 33160

18555 Collins Ave Unit 1505

Sunny Isles Beach, FL 33160

  • 203 days on market
    • Price drop $200,000↓
Welcome to the prestigious Porsche Design Tower, where luxury & innovation converge. This upgraded & rarely available larger 05 residence offers 4 bedrooms + maids, 4.5 baths, & media room spanning 3,555 SF w/ a private garage. Chef's kitchen features top-of-the-line Miele appliances & sleek carbon fiber cabinets. Floor-to-ceiling windows provide breathtaking ocean views, creating a serene & grand atmosphere. With upgraded doors & molding, Control 4 home automation, & luxurious marble floors, every detail exudes elegance. Porsche Design Tower offers unmatched luxury living w/ 5-star amenities: an oceanfront gym & spa, personalized pool & beach service, restaurants, a movie theater, & virtual golf & race car simulators. Experience the pinnacle of sophistication at this exceptional address.

Details

Property type

Condominium

Est. home value

$6,581,725

Lot size

Unknown

Price per sq ft

$1,491

Year built

2016

Annual property taxes

$55,269

HOA

Yes

Price History

11/25/2024
SEF

SEF #A11582082

Price change
$5,299,000
-3.64%
06/06/2024
SEF

SEF #A11582082

Listed
$5,499,000
-6.32%
05/01/2024
SEF

SEF #A11396451

Removed
$5,870,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

First Republic Bank

Loan start date

December 2016

Original loan amount

$3,634,874

Est. remaining balance

Not provided

Interest rate

2.95%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Andrea Romanello Ferdinand and Brian Ferdinand

Lender

First Republic Bank

Loan start date

December 2016

Original loan amount

$3,634,874

Est. remaining balance

Not provided

Interest rate

2.95%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Andrea Romanello Ferdinand and Brian Ferdinand

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/25/2024 at 8:50 PM

Listing updated: 11/25/2024 at 4:55 PM

Listed by: Jonathan Mann, Coldwell Banker Realty Phone #: (305) 672-6300

MLS: SEF #A11582082

SEF logo