Dezer has 80% of Porsche units under contract

Porsche Design Tower robotic lift rendering
Porsche Design Tower robotic lift rendering

Dezer Development now has 80 percent of Porsche Design Tower’s units under contract.

Gil Dezer’s company has registered $624 million in sales for the luxury Sunny Isles Beach condo project, exMiami reported. Plans call for 132 units in a 60-story tower at 18555 Collins Avenue. The building’s residences range in size from 4,800 to 17,000 square feet and remaining units are priced from $4.8 million to $32.5 million.

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Dezer landed a $214 million construction loan from Wells Fargo for Porsche Design Tower in September. The financing was the largest for a post-recession condo project in South Florida. [exMiami]Eric Kalis