Market Insights for Porsche Design Tower

As of 04-25-2024

For Sale

  • Active For Sale33
  • Average Price$6,454,606
  • Average Price / Sqft$1,758
  • Average Days on Market248
  • Largest Price Reduction$1,790,000
  • Largest Price Increase$6,596,400

Pending Sales

  • Pending For Sale2
  • Average Price$3,872,500
  • Average Price / Sqft$1,157
  • Average Days on Market62
  • Largest Price Reduction$350,000
  • Largest Price Increase$0

Closed Sales

  • Sold (Last 180 Days)3
  • Average Price$6,300,000
  • Average Price / Sqft$1,372
  • Average Days on Market292
  • Largest Price Reduction$2,375,000
  • Largest Price Increase$-1,000

Recent Sales

Address Closed Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Closing Date
18555 Collins Ave, #5403
18555 COLLINS AVENUE COND
$4,800,000 $4,995,000 $195,000 (-3.9%) 3,130 $1,534 3 / 4 / 1 2024-02-28
18555 Collins Ave, #1703
18555 COLLINS AVENUE COND
$3,600,000 $4,700,077 $1,100,077 (-23.41%) 4,154 $867 4 / 5 / 1 2023-12-29
18555 Collins Ave, #5201
PORSCHE DESIGN TOWER
$10,500,000 $12,875,000 $2,375,000 (-18.45%) 6,121 $1,715 4 / 5 / 1 2023-12-15

Pending Sales

Address List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
18555 Collins Ave, #1005
Porsche Design Condo
$3,995,000 $0 (0%) 3,529 $1,132 3 / 4 / 1 52
18555 Collins Ave, #3003
PORSHE DESING TOWER
$3,750,000 $350,000 (-8.54%) 3,171 $1,183 4 / 4 / 1 72

Largest Price Reductions

Address New Price List Price Price Change Sq Ft $/Sq Ft Beds/Baths Days Listed
18555 Collins Ave, #2803
18555 COLLINS AVENUE COND
$5,990,000 $4,200,000 $1,790,000 (-29.88%) 3,171 $1,325 3 / 4 / 1 245
18555 Collins Ave, #2005
18555 COLLINS AVENUE COND
$6,950,000 $5,195,000 $1,755,000 (-25.25%) 3,415 $1,521 3 / 4 / 1 383
18555 Collins Ave, #1505
18555 COLLINS AVENUE COND
$7,199,000 $5,870,000 $1,329,000 (-18.46%) 3,785 $1,551 4 / 4 / 1 329
18555 Collins Ave, #3403
18555 COLLINS AVENUE COND
$4,750,000 $4,099,000 $651,000 (-13.71%) 3,171 $1,293 3 / 4 / 1 199
18555 COLLINS AVE, #4804
0
$7,600,000 $6,600,000 $1,000,000 (-13.16%) 3,130 $2,109 3 / 4 / 1 573
18555 Collins Ave, #3601
PORSHE DESIGN TOWER
$5,200,000 $4,600,000 $600,000 (-11.54%) 3,171 $1,451 3 / 4 / 1 99
18555 Collins Ave, #4605
18555 COLLINS AVENUE COND
$6,999,000 $6,200,000 $799,000 (-11.42%) 3,171 $1,955 4 / 4 / 1 55
18555 COLLINS AVE, #2203
SUNNY ISLES
$6,000,000 $5,400,000 $600,000 (-10%) 3,171 $1,703 4 / 4 / 1 583
18555 Collins Ave, #5004
18555 COLLINS AVENUE COND
$6,500,000 $5,900,000 $600,000 (-9.23%) 3,130 $1,885 3 / 4 / 1 156
18555 Collins Ave, #3003
PORSHE DESING TOWER
$4,100,000 $3,750,000 $350,000 (-8.54%) 3,171 $1,183 4 / 4 / 1 72
18555 Collins Ave, #2805
18555 COLLINS AVENUE COND
$6,000,000 $5,500,000 $500,000 (-8.33%) 3,171 $1,734 3 / 4 / 1 124
18555 Collins Ave, #1503
18555 COLLINS AVENUE COND
$5,200,000 $4,800,000 $400,000 (-7.69%) 3,555 $1,350 4 / 4 / 1 139
18555 Collins Ave, #2905
18555 COLLINS AVENUE COND
$6,350,000 $5,950,000 $400,000 (-6.3%) 4,154 $1,432 4 / 4 / 1 777
18555 Collins Ave, #1101
18555 COLLINS AVENUE COND
$5,750,000 $5,450,000 $300,000 (-5.22%) 3,150 $1,730 3 / 4 / 1 321
18555 Collins Ave, #3005
18555 COLLINS AVENUE COND
$5,999,999 $5,790,000 $209,999 (-3.5%) 3,171 $1,826 4 / 4 / 1 443
18555 Collins Ave, #2505
18555 COLLINS AVENUE COND
$6,500,000 $6,499,000 $1,000 (-0.02%) 4,154 $1,565 4 / 4 / 1 1112

© Douglas Elliman Real Estate. All material presented herein is intended for information purposes only. While, this information is believed to be correct, it is represented subject to errors, omissions, changes or withdrawal without notice. All property information, including, but not limited to square footage, room count, number of bedrooms and the school district in property listings are deemed reliable, but should be verified by your own attorney, architect or zoning expert. The number of bedrooms listed above is not a legal conclusion. Each person should consult with his/her own attorney, architect or zoning expert to make a determination as to the number of rooms in the unit that may be legally used as a bedroom.