$1,980,000
$120K PRICE DROP

Estimated payment $16,568/month

Total Views 4,079
1 Bed
1.5 Baths
851 Sq Ft
$2,327 Price per Sq Ft

Highlights

  • Doorman
  • Ocean Front
  • Wood Flooring
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Fitness Center
  • 2-minute walk to Veterans Park and Tennis Center

About This Home

Stunning 03 line residence with ocean views in this new luxury condominium. Eighty Seven Park completed in 2020 by master architect Renzo Piano sits directly on the sands of Miami Beach. This 1 bedroom, 1.5 bath condo filled with natural lighting, wood and tile flooring, and cozy kitchen with snack bar. Open and large balcony perfect to entertain guests. Eighty Seven Park is conveniently located in North Beach, a fifteen minute drive from glamour, excitement, and energy of South Beach and Bal Harbour Shops.

Listing Agent

Raymond Jacomo

Douglas Elliman License #3484764 Listed on: 10/22/2024

Douglas Elliman

Co-Listing Agent

Tracy Galya

Douglas Elliman License #3239669

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $30,218

Year Built

  • Built in 2020

HOA Fees

  • $3,062 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 851 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Washer

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Shower Only

Home Security

Outdoor Features

  • Property has ocean access

Schools

  • North Beach Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Ocean Front
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0360

Community Details

Overview

  • 67 Units
  • High-Rise Condominium
  • 87 Park Condos
  • 8701 Collins Ave Condo Subdivision
  • 18-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Billiard Room
  • Business Center
  • Secure Lobby
  • Elevator

Recreation

  • Tennis Courts
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$30,218

Year Built

Built in 2020

Lot Details

0

HOA Fees

$3,062 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 8701 COLLINS AVE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Fire Sprinklers
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile, Wood
  • Living Area: 851
  • Other Equipment: Elevator
  • Stories: 18
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Ocean View, Direct Ocean, Other View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: 87 PARK
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3062
  • Amenities: Bike/Jog Path, Billiard Room, Business Center, Elevator(s), Exercise Room, Exterior Lighting, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: North Beach
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-02-165-0360
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 67
  • Number Of Units Total: 67

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 30218

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $30,218 $1,519,164 -- --
2023 $30,218 $1,599,120 $0 $0
2022 $25,926 $1,353,935 $0 $0
2021 $23,765 $1,230,850 $0 $0
2020 $4,502 $232,550 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2025 05/09/25 Price Changed $1,980,000 0.0% $2,327 / Sq Ft
04/08/2025 04/08/25 For Rent $13,500 0.0% --
10/22/2024 10/22/24 For Sale $2,100,000 0.0% $2,468 / Sq Ft
08/14/2023 08/14/23 Rented $11,000 -18.5% --
05/10/2023 05/10/23 For Rent $13,500 0.0% --
09/21/2022 09/21/22 Sold $1,925,000 -13.5% $1,891 / Sq Ft
07/08/2022 07/08/22 Price Changed $2,225,000 -1.1% $2,186 / Sq Ft
05/03/2022 05/03/22 Price Changed $2,250,000 -8.2% $2,210 / Sq Ft
03/09/2022 03/09/22 For Sale $2,450,000 +44.1% $2,407 / Sq Ft
02/28/2020 02/28/20 Sold $1,700,000 -12.8% $1,670 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
07/23/2019 07/23/19 For Sale $1,950,000 -- $1,916 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,925,000 --
Special Warranty Deed $1,700,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,636,250 New Conventional
Previous Owner $510,000 New Conventional
Previous Owner $1,190,000 New Conventional
Source: Public Records

Similar Homes in the area

  • 8855 Collins Ave Unit 8J, Surfside, FL 33154

    $1,925,000

    • 3 Beds
    • 2.5 Baths
    • 2,260 Sq Ft
    • 8855 Collins Ave
    • Unit 8J
    • Surfside, FL

    Breathtaking DIRECT OCEAN VIEWS from this completely remodeled 3-bed/2.5-bath, 2,260 SF Residence in Surfside’s premier boutique building. This SE CORNER unit offers the Best Views and floor plan, with elegant finishes, state-of-the-art appliances, and separate laundry. Enjoy 24-hour concierge, gym, game room, sauna, steam room, picnic area, & sparkling pool. Need storage, this unit comes with

    Maricela Maury The Corcoran Group

    Section Image
  • 8925 Collins Ave Unit 4A, Surfside, FL 33154

    $1,930,000

    • 3 Beds
    • 2.5 Baths
    • 1,930 Sq Ft
    • 8925 Collins Ave
    • Unit 4A
    • Surfside, FL

    Welcome to your DIRECT OCEAN paradise in the high-demand beachfront community of Surfside. This premier corner unit features 3 bedrooms, 2.5 bathrooms and 3 separate balconies. The master bedroom is complemented by a sizable walk-in closet and bathroom as well as stunning sunrise views over the ocean. The unit can be lived in as is or tastefully reimagined for the ULTIMATE oceanfront experience.

    Nathan Shore Douglas Elliman

    Section Image
  • 9341 Collins Ave Unit 1002, Surfside, FL 33154

    $1,995,000

    • 2 Beds
    • 2 Baths
    • 1,590 Sq Ft
    • 9341 Collins Ave
    • Unit 1002
    • Surfside, FL

    Step Into the Ocean from Your Balcony! Breathtaking direct ocean views from every room in this stunning 3-bedroom condo with floor to ceiling hurricane windows and 3 balconies.Completely gutted & renovated in 2024 by renowned Designer Lisa M. with high end finishes including: New Kitchen w Quartzite countertops, new appliances, remodeled bathrooms, New lighting, New electric, Bathtub with ocean

    Joelle Oiknine One Sotheby's International Realty

    Section Image
  • 9401 Collins Ave Unit 505, Surfside, FL 33154

    $1,995,000

    • 2 Beds
    • 2.5 Baths
    • 1,614 Sq Ft
    • 9401 Collins Ave
    • Unit 505
    • Surfside, FL

    Welcome to Residence 505 at Azure, a prestigious oceanfront boutique condominium located in the heart of Surfside. This elegantly appointed 2-bedroom, 2.5-bath, plus Den residence offers an open, light-filled floor plan with sophisticated hardwood flooring throughout. The gourmet kitchen features premium stainless steel appliances, sleek cabinetry, and a convenient breakfast bar, seamlessly

    Adam Ziefer The Corcoran Group

    Section Image
  • 9455 Collins Ave Unit 806, Surfside, FL 33154

    $1,500,000

    • 2 Beds
    • 3 Baths
    • 1,510 Sq Ft
    • 9455 Collins Ave
    • Unit 806
    • Surfside, FL

    Discover this recently updated condo in an oceanfront building that features 2 bedrooms, 3 baths, and spans 1,510 sq ft with a split floorplan at The Waves Condominium in Surfside. Enjoy the expansive balcony accessible from both bedrooms and the living area. The building offers an array of amenities including a gym, beach service, valet parking, pool, community room, Shabbat elevator, and 24/7

    Alyssa Brinegar Morgan The Inside Network

    Section Image
  • 9201 E Bay Harbor Dr Unit LPH12, Bay Harbor Islands, FL 33154

    $2,425,000

    • 3 Beds
    • 3 Baths
    • 2,068 Sq Ft
    • 9201 E Bay Harbor Dr
    • Unit LPH12
    • Bay Harbor Islands, FL

    La Baia is a new luxury, boutique bayfront condominium in Miami's exclusive Bay Harbor Islands. Residence LPH12 is a fully finished 2,467 sq. ft. three bedroom + Den, three bathroom corner residence featuring spectacular, stunning Sunset and Park views. Complete with private boat slips, La Baia offers over 30,000 sq. ft. of resort-style amenities including a rooftop pool with a 10" sun-shelf

    Philip Gutman PGutman, LLC

    Section Image
  • 9261 E Bay Harbor Dr Unit 402, Bay Harbor Islands, FL 33154

    $1,590,000

    • 2 Beds
    • 2 Baths
    • 1,303 Sq Ft
    • 9261 E Bay Harbor Dr
    • Unit 402
    • Bay Harbor Islands, FL

    Luxurious 2-bedroom 2-bathroom Condo in Bay Harbor Islands. Stunning views of the bay and cityscape, super spacious and bright rooms and living areas, gourmet kitchen. The published price of the property includes a 50-foot dock slip. Great location! Don't miss this incredible opportunity!

    Gabriela Rodino Gabriela Rodino Group LLC

    Section Image
  • 9511 Collins Ave Unit 1502, Surfside, FL 33154

    $2,499,000

    • 3 Beds
    • 2.5 Baths
    • 2,060 Sq Ft
    • 9511 Collins Ave
    • Unit 1502
    • Surfside, FL

    OCEANFRONT PENTHOUSE CORNER UNIT WITH 3 BEDROOMS AND 2 PLUS HALF BATHROOM.COMPLETELY REMODELED !!!NEW KITCHEN AND NEW BATHROOMS, NEW ITALIAN PORCELAIN FLOORS TROUGH OUT , NEW IMPACT WINDOWS, BUILDING AMENITIES INCLUDE POOL, GYM AND PARTY ROOM.24 HOURS DOORMAN AND ON SITE MANAGEMENT.NO LEASE FIRST 2 YEARS.JUST 3 MINUTES FROM BAL HARBOUR SHOPS AND FINE DINING .

    Raquel Sragowicz Citadel Realty

    Section Image
  • 9559 Collins Ave Unit S6C, Surfside, FL 33154

    $1,699,200

    • 2 Beds
    • 2.5 Baths
    • 1,740 Sq Ft
    • 9559 Collins Ave
    • Unit S6C
    • Surfside, FL

    Spacious and bright 2 bedroom, 2.5 bathroom apartment with stunning Ocean & Pool views. Furnished with potential for personal touches. Semi-private elevator foyer; 24-hour security & valet; pool & beach service; gym, and more. Walk across the street to Bal Harbour Shoppes.

    Roxanne Kosberg CityFirst Realty, LLC

    Section Image

Source: MIAMI REALTORS® MLS

MLS Number: A11678999

MIAMI REALTORS® MLS

APN: 02-3202-165-0360