NOT LISTED FOR SALE

Estimated Value: $3,843,000 - $5,202,000

2 Beds
2.5 Baths
1,522 Sq Ft
$4,538/mo HOA Fee

Last Sold April 08, 2022

Last sale price $3,850,000 $2,530 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $33,412/month

190 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • Marble 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

As of April 2022

One of the most prestigious buildings in Florida. Eighty Seven Park carries the name of renowned architect Renzo Piano. Neighboring North Shore Park the building is engulfed by Ocean, Intracoastal and Park. Beautifully 2/2.5 finished by the developer, the apartment is move in ready with light fixtures, closets and window treatments. If the unit itself and the location were not enough, the amenities are superb for a boutique building. Owner can enjoy two infinity pools, pool and beach service, jacuzzi, wine bar, fitness center , salon and spa. Easy access to main road ways and shopping centers. Enjoy the privilege of living in the quiet extreme of Miami Beach and minutes away from all the action.

Last Agent to Sell the Property

Ruben Jacob

SE Florida Realty, LLC License #3041312 Listed on: 09/08/2021

Last Buyer's Agent

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $41,430

Year Built

  • Built in 2019

HOA Fees

  • $4,538 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,522 Sq Ft Home
  • Custom Mirrors
  • Partially Furnished
  • Entrance Foyer

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Unrestricted saltwater access

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0510

Community Details

Overview

  • High-Rise Condominium
  • Eighty Seven Park Condos
  • 8701 Collins Ave Condo Subdivision
  • 18-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Business Center
  • Lobby

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$41,430

Year Built

Built in 2019

Lot Details

0

HOA Fees

$4,538 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 10
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 8701 COLLINS AVE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, Closet Cabinetry, Custom Mirrors, Entrance Foyer, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Marble, Wood
  • Furnished: Partially Furnished
  • Living Area: 1522
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Bedroom Features: Master Bath Shower, Master Bath Tub

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Eighty Seven Park
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 4538
  • Amenities: Bike/Jog Path, Business Center, Exercise Room, Heated Pool, Private Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-02-165-0510
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 41430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Apr 8, 2022
Sold by
Santa Tereza Real Estate Investments Cor
Bought by
Bram Jonathan
Seller's Agent
Ruben Jacob
SE Florida Realty, LLC
Buyer's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
Sold Price
$3,850,000
Current Estimated Value
$4,376,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,317
Avg. Annual Appreciation
3.82%

Purchase Details

Closed on
Jan 10, 2020
Sold by
8701 Collins Development Llc
Bought by
Santa Tereza Real Estate Investments Cor
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bram Jonathan $3,850,000 None Listed On Document
Santa Tereza Real Estate Investments Cor $3,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santa Tereza Real Estate Investments Cor $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $3,850,000 0.0% $2,530 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
01/06/2022 01/06/22 For Sale -- -- --
12/17/2021 12/17/21 Off Market $3,850,000 -- --
08/30/2021 08/30/21 For Sale $3,699,000 -- $2,430 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

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
2025 $60,336 $3,210,860 -- --
2024 $60,675 $3,210,860 -- --
2023 $60,675 $3,210,860 $0 $0
2022 $45,781 $2,354,000 $0 $0
2021 $41,319 $2,140,000 $0 $0
2020 $41,430 $2,140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11091716

MIAMI REALTORS® MLS

APN: 02-3202-165-0510