Trump Towers I

Three towers, 813 homes, and one very useful accident

The Miami-Dade County Property Appraiser records three separate condominiums here: TDR TOWER I CONDO at 16001 Collins Avenue, TDR TOWER II CONDO at 15901, and TDR TOWER III CONDO at 15811. Each contains exactly 271 homes. I pulled all three, folio by folio, and kept them apart.

What makes this address unusually valuable is how alike the three are. Tower I and Tower II both run from 1,435 to 2,770 square feet with a median of 2,106. Tower III runs from 1,463 to 2,928, median 2,084. All three are made up almost entirely of two- and three-bedroom homes — 194 two-bedrooms and 77 three-bedrooms in Tower I, 190 and 76 in Tower II, 194 and 75 in Tower III. On the 2026 tax roll their median assessed values are $1,305,752, $1,313,465 and $1,334,300 — a spread of just 2.2% across three buildings.

Three near-identical buildings, sold in sequence by the same developer, measured from the same record on the same day, is about as close to a controlled experiment as Miami real estate offers. It is worth using carefully, because it shows you something no single building can.

Three years together, then a year apart

142 qualified, arm’s-length sales across the three towers in four years. Portfolio transfers are excluded and identical same-day transactions collapsed to one.

Tower I — 16001 Collins Avenue

Tower II — 15901 Collins Avenue

Tower III — 15811 Collins Avenue

Read the three complete years first. Tower I went $764, $815, $807. Tower II went $765, $815, $816. Tower III went $746, $841, $801. Three separate condominiums, 121 sales between them, moving as one: up in 2024, level to a little lower in 2025 (Tower III gave back $40 a foot), and finishing within fifteen dollars a foot of each other.

Then look at 2026. Tower I prints $881, Tower II $711, Tower III $709 — a spread of 24%, on nine, five and seven sales. Three buildings this alike do not part company by a quarter in eight months. What you are looking at is not three different markets; it is what a handful of transactions does to a median.

This is the most useful thing on the page, and it generalises. When you are shown a single building’s current-year figure and told the market has moved, ask how many sales it rests on. Here I can prove the answer matters, because I have three identical buildings and they disagree with each other by 24% while measuring the same market in the same month.

Turnover: one home in twenty-two at Tower I, one in twenty-seven at Tower II and one in twenty at Tower III. Record sales are $2,950,000 (Tower I, April 2024), $2,990,000 (Tower II, May 2024) and $3,200,000 (Tower III, August 2013).

What owners here have made

The towers were sold in sequence: Tower I mostly in 2008 and 2009, Tower II mostly in 2010, Tower III mostly in 2011, in other words, into and just after the crash.

Across the three buildings, 130 homes have resold since the start of 2023 with an earlier purchase on record, and measured against each home’s first recorded purchase not one sold at a loss. Median gains on that basis were +72.9% at Tower I (45 resales, holds of about sixteen years), +77.8% at Tower II (35 resales, fourteen years) and +66.6% at Tower III (50 resales, thirteen years). The weakest single outcome anywhere in the three sets was +7.1%; the strongest was +170.1%. Measured instead against the previous owner’s price, 5 of the 140 resales since 2023 sold lower: 2 of 49 at Tower I (worst -6.7%), 3 of 53 at Tower III (worst -14.0%) and none of 38 at Tower II, where one sold at exactly the prior price.

As everywhere on this site, those are gross figures — before commissions, closing costs, taxes, assessments and more than a decade of carrying costs — and they cover only the homes that sold.

Which tower, and for whom?

It suits a buyer who wants a large two- or three-bedroom on Sunny Isles oceanfront. With a median home above 2,080 square feet in all three towers and no one-bedroom inventory to speak of, this is space rather than pied-a-terre stock.

On which tower: the honest answer is that the record does not separate them on price. Their assessed medians sit within 2.2%, their three complete years of sales agree within fifteen dollars a foot, and their record sales are within $250,000. Tower III trades most often — one home in twenty against one in twenty-seven at Tower II — so if liquidity is what you are buying, that is the difference the record actually supports.

It suits a buyer shopping a headline badly. Whichever tower you are shown, the current-year figure rests on between five and nine sales.

If you are selling here, use the three complete years, not 2026, and be ready to explain the difference — a buyer quoting Tower II’s or Tower III’s $709–$711 at you is quoting five to seven transactions, and a seller quoting Tower I’s $881 is doing the same thing in the other direction. The defensible number for all three towers is the roughly $800 per square foot that 121 sales across 2023 to 2025 support, adjusted for your own floorplate and floor.

Interested in selling at Trump Towers?

Learn more about selling your condo at Trump Towers with Josh Stein.

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