US Dept of the Treasury Seized Real Property Banner
Condo Unit
Seized Real Property in conjunction with HSI
18555 Collins Avenue, Unit 2205, Sunny Isles Beach, FL 33160
18555 Collins Avenue, Unit 2205, Sunny Isles Beach, FL 33160
Online Auction Starts: Friday, November 13, 2020 at 11:00 am ET
Online Auction Ends: Friday, November 13, 2020 at 2:00 pm ET
Register to Bid: Follow the 3-step registration process below
Inspections: Appointment only! Tuesday, November 3 and Friday, November 6 (see below)
Deposit: $250,000 Cashier's check made payable to CWS Marketing Group, Inc
Download the Bid Deposit Form and mail with your deposit to qualify to bid.
Wiring Option: Request wiring instructions here NOTE: Funds due by 5pm EST Nov. 9

Starting Bid: $1,500,000

Utilities: Electricity, Water, Sewer
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Year Built: 2016
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2019 Miami-Dade County Taxes: $50,300.00 ±
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Zoning: MUR/Multi Family Residential
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Living Space: 3,112 ± sq. ft.
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Parcel No: 31-2202-050-1010
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Condo Fees: $3,948.16 per month
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Auction Brochure: Download here
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Virtual Tour: Click here
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Condo Documents: Download here
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Design Tower Sales Package: Download here
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Sale Number: 21-66-120
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CONDO UNIT Luxury condo unit located on the 22nd floor of the Porsche Design Tower with ocean views and state-of-the-art robotic car elevator. The 3,112 ± sq. ft unit has 4 bedrooms with floor-to-ceiling windows; 4.1 baths; European-designed kitchen; open-concept dining and living area; laundry room; direct elevator access, and a glass-walled 2-car garage attached to the unit. The wrap-around balcony includes a soaking pool with ocean and skyline views. Porsche Design Tower features a private restaurant and lounge with outdoor seating overlooking the ocean, a sunset terrace, pool with food and beverage service, beach access, spa and fitness center, entertainment room, and three interior car elevators that deliver residents to their units. Click here to view the virtual tour. Note: The HOA requires approval of the buyer and has Right-of-First-Refusal to the sale. Per the stated Terms of Sale, this property is sold AS IS WHERE IS WITH ALL FAULTS including any building violations for the building as a whole that may apply (including but not limited to fines and penalties).

VIEWINGS ARE BY APPOINTMENT ONLY. Email proof of funds or bank letter of credit of $1.5 million to Mark Wheelus to schedule. Click here to email. Visitors must follow COVID-19 guidelines. Click to view list of COVID-19 requirements and precautions.

There is a 3-step registration process to bid on this property:
1. Create an account with CWS
and validate with credit card info (only required once).
2. Visit and click on "Register to bid" next to auction.
Download the Bid Deposit Form and mail with your deposit check. Form and check due no later than 5pm EST November 12 OR email the Bid Form and wire deposit to arrive no later than 5pm EST on Nov. 9. Request wiring instructions here.

View the "How To" guide for online bidding. Still have a question? Click here to email us. Please include the address of the property.