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18555 Collins Avenue

Calli Henley Of Luxe Properties Represents Buyer In $13M Sale Of Penthouse At Porsche Design Tower
SOLDCondo

Calli Henley Of Luxe Properties Represents Buyer In $13M Sale Of Penthouse At Porsche Design Tower

18555 Collins Avenue

$13,000,000

$2,123/SF

Building Size

6,121 SF

Asset Type

Condo

Closing

Sep 9, 2025

AI

The property asset, a duplex penthouse located at 18555 Collins Avenue Unit 4005 in Sunny Isles Beach, has a sale price of $13,000,000. It encompasses 6,121 square feet of interior living space with a total area of 9,474 square feet. The condo features 4 bedrooms, 4.5 bathrooms, and includes a 4-car sky garage along with a private balcony pool. Additionally, it offers notable views from the Porsche Design Tower.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $13,000,000
  • Square Footage: 6,121
  • Price per Square Foot: $2,123
  • Buyer’s Representative: Calli Henley - Luxe Properties
  • Seller’s Representatives: Marlui Rivas & Melissa Barragan - Dezer Platinum Realty

The transaction involved Calli Henley representing the buyer, while Marlui Rivas and Melissa Barragan represented the seller. The intricate details of the deal highlight the collaboration between Luxe Properties and Dezer Platinum Realty in facilitating this high-value transaction.

Players

Melissa Barragan

Dezer Platinum Realty

Broker

$172.7M

vol

21 deals

Broker
Dezer Platinum Realty
Dezer Platinum RealtyBrokerage

Sunny Isles Beach Condo Market Snapshot

Boundary boundary · Condo · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.22%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93