Miami Beach Real Estate

Excitement is growing in the Sunny Isles real estate industry as construction of the newest and most innovative condo building in the area is approaching. This is the first and last building of its kind to be built in South Florida. The most anticipated feature of the Porsche Design Tower is its parking system. It consists of three circular, rotating platforms in the center of the building, a robotic elevator system that allows owners to “ride” their car almost to their doorsteps. This is how it works: the driver pulls over to their spot in the platform where a robotic arm picks up the car and places it in the elevator. At the desired floor, the same robotic arm parks the car, leaving the driver almost at the doorsteps of its condo unit. The elevators are in glass, providing riders spectacular views of the ocean or the city during the 45-90 second high-speed ride. According to public records, the cylindrical building will be 641 feet high, with 595 feet for the building itself and the remaining for the parapet. The Porsche Design Tower will be located on 2.2 acres of land at 18555 Collins Avenue in Sunny Isles, FL, 33160, the former site of the Golden Nugget Beach Club. The 57-story luxury tower will have 132 units and 284 robotic parking spaces. Condo units will range from 3,800 to 9,500 square feet. The larger units will be allocated four parking spaces, while the smaller ones will have two. The cost for the units could be up to $9 millions. Many of the units will be duplexes, featuring pools and parking on every other level.