Buying at Porsche Design Tower: Prices, Fees and What to Expect

Porsche Design Tower Miami Team Updated April 2026 2 min read

Porsche Design Tower Pricing Overview

Porsche Design Tower at 18555 Collins Ave, Sunny Isles Beach is one of Miami’s most exclusive addresses. As of 2026, resale prices reflect the tower’s trophy status, its one-of-a-kind Dezervator technology, and the Porsche Design lifestyle brand.

Current Market Pricing (2026)

Unit Type Price Range Price Per Sq Ft
Half-Floor (3-4 BR) $7.5M – $13M $1,700 – $2,500
Full-Floor (4-5 BR) $14M – $25M $1,900 – $2,800
Penthouse $25M – $35M+ $2,200 – $3,000+

Pricing fluctuates based on floor level, exposure (direct ocean commands a premium), and renovation status. Corner units and those with expanded sky garages also carry premiums.

Monthly HOA & Maintenance Fees

Unit Size Estimated Monthly HOA
~4,500 sq ft $6,000 – $8,000
~7,500 sq ft $10,000 – $13,000
~15,000 sq ft (PH) $18,000 – $25,000

What HOA Covers

  • Dezervator car elevator operation and maintenance
  • 24/7 valet, concierge, and security
  • Pool, spa, gym, and common area maintenance
  • Building insurance (exterior and common elements)
  • Landscaping, beach service, and exterior window cleaning
  • Reserve fund contributions

The Purchase Process

  1. Engage a specialist agent — Work with a broker experienced in Sunny Isles Beach luxury condos.
  2. Financial pre-qualification — Cash purchases are common; financing is available but typically requires 30-50% down for foreign nationals.
  3. Unit selection and offer — Submit a written offer with proof of funds.
  4. Inspection and due diligence — Review estoppel letter, association financials, and any special assessments.
  5. Closing — Title company handles escrow. Typical closing timeline: 30-45 days.

Information for Foreign Buyers

Porsche Design Tower has significant international ownership. Foreign nationals can purchase freely in Florida with no citizenship restrictions. Key considerations:

  • FIRPTA withholding applies on resale (15% of gross sale price held by IRS, refundable against actual tax liability)
  • No state income tax in Florida
  • Property taxes approximately 1.8-2.0% of assessed value annually
  • Financing available through select international-friendly lenders

The City of Sunny Isles Beach provides additional resources for new residents. The building was developed by Dezer Development, one of South Florida’s most established developers.

Next Steps

Interested in Porsche Design Tower Miami?

Browse available residences or schedule a private viewing.

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Porsche Design Tower Miami Team

Local real estate specialists in Sunny Isles Beach, FL · Updated Apr 2026