NOT LISTED FOR SALE

Eighty Seven Park 8701 Collins Ave Unit 1101 Surfside, FL 33154

North Shore Neighborhood

Estimated Value: $3,931,000 - $9,476,000

3 Beds
3.5 Baths
2,421 Sq Ft
$4,631/mo HOA Fee

Last Sold December 18, 2020

Last sale price $5,350,000 $2,210 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $48,860/month

183 Days on Market

Highlights

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

About This Home

As of December 2020

Eighty Seven Park by Priztker award-winning architect Renzo Piano is a selection of oceanfront residences designed to seamlessly embrace park and ocean in Miami Beach’s most coveted seaside neighborhood. The building sits between a 35-acre ocean front park to the south and private 2-acre park to the north that are being designed by West 8 landscape architects. Enjoy views of the ocean, park and city skyline. Full service building with concierge, 2 pools, full service spa, ocean view gym, and wine bar.

Last Agent to Sell the Property

Diana Garchitorena

Douglas Elliman License #3040036 Listed on: 06/15/2020

Douglas Elliman

Co-Listed By

Joyce Gato

Douglas Elliman License #0568186

Last Buyer's Agent

Ivan Chorney

Compass Florida, LLC License #3157854

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Ocean Front
  • Northeast Facing Home

HOA Fees

  • $4,631 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 11th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,421 Sq Ft Home
  • Furniture for Sale
  • Family or Dining Combination
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Location

  • East of U.S. Route 1

Schools

  • Bay Harbor Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0090

Community Details

Overview

  • 65 Units
  • High-Rise Condominium
  • Eighty Seven Park Condos
  • 8701 Collins Ave Condo,Eighty Seven Park Subdivision, 01 Line Floorplan
  • 18-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Trash Chute
  • Community Library
  • Bar or Lounge
  • Bike Room
  • Elevator

Recreation

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$4,631 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Directions: Use preferred GPS app. Valet parking on site
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Master Model: 01 LINE
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 8701 COLLINS AVE CONDO,EIGHTY SEVEN PARK
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Furniture For Sale
  • Living Area: 2421
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • Property Condition: Updated/Remodeled, New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: EIGHTY SEVEN PARK
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 4631
  • Amenities: Bar, Bike Storage, Elevator(s), Exercise Room, Heated Pool, Library, Other, Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Bay Harbor
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-02-165-0090
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019

Multi Family

  • Maintenance Expense: 4631
  • Number Of Units In Community: 65
  • Number Of Units Total: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Dec 18, 2020
Sold by
8701 Collins Development Llc
Bought by
Campbell Michael Edward and Yarti Souad
Seller's Agent
Diana Garchitorena
Douglas Elliman
Buyer's Agent
Ivan Chorney
Compass Florida, LLC
List Price
$6,950,000
Sold Price
$5,350,000
Premium/Discount to List
-$1,600,000
-23.02%
Current Estimated Value
$6,742,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,392,896
Avg. Annual Appreciation
4.71%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Campbell Michael Edward $5,350,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $5,350,000 -10.8% $2,210 / Sq Ft
08/20/2020 08/20/20 Price Changed $5,995,000 -4.1% $2,476 / Sq Ft
07/09/2020 07/09/20 Price Changed $6,250,000 -10.1% $2,582 / Sq Ft
06/09/2020 06/09/20 For Sale $6,950,000 -- $2,871 / 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 $106,798 $5,994,950 -- --
2024 $103,111 $5,676,957 -- --
2023 $103,111 $5,160,870 $0 $0
2022 $97,949 $5,213,000 $0 $0
2021 $100,653 $5,213,000 $0 $0
2020 $11,812 $610,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diana Garchitorena

    Seller's Agent in 2020

    Diana Garchitorena

    Douglas Elliman

    (305) 695-6300

    6 in this area

    16 Total Sales

    Diana Garchitorena
    Section Image
  • Joyce Gato

    Seller Co-Listing Agent in 2020

    Joyce Gato

    Douglas Elliman

    (917) 992-0552

    2 in this area

    22 Total Sales

    Joyce Gato
    Section Image
  • Ivan Chorney

    Buyer's Agent in 2020

    Ivan Chorney

    Compass Florida, LLC

    (786) 863-5900

    9 in this area

    60 Total Sales

    Ivan Chorney
    Section Image
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About Eighty Seven Park

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10872682

MIAMI REALTORS® MLS

APN: 02-3202-165-0090

Florida Miami/Dade County Surfside 33141 North Shore

8701 Collins Ave Unit 1101, Surfside, FL

Not Listed for Sale

Condos

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