December 20, 2016
The developers of the newly completed Porsche Design Tower in Sunny Isles Beach paid off a 214 million-dollar construction loan. The loan was originally issued in 2014 and marked a notable turning point in the South Florida real estate market, as it showed financial institutions felt the area was ready for another construction boom. As of recently, 126 of the 132 magnificent condos have been sold for a total of 760 million dollars. Porsche Design Tower Miami will open to residents in early 2017.
The oceanfront tower received worldwide recognition due to its unique "auto elevators" that allow residents to park their vehicles right next to their luxury condos. During a quick ride in a glass-enclosed elevator, residents will enjoy panoramic views of the Atlantic Ocean, city skyline and Intracoastal Waterway, before arriving at a private "sky garage" attached to their condominium. The spectacular 3- to 5-bedroom residences further offer breathtaking ocean views from floor-to-ceiling windows and 15-foot deep terraces outfitted with private plunge pools and summer kitchens.
“Without a doubt, Porsche Design Tower’s unsurpassed technological and design elements have redefined the world of luxury as we know it,” developer Gil Dezer stated. “We have a lot of excited residents that we cannot wait to welcome.”
For more information on the very few Porsche Design Tower condos still available for purchase, contact Niki Higgins at +1-954-817-2500 or +1-888-242-4422.
Source: Miami Herald
