NOT LISTED FOR SALE

Estimated Value: $6,145,000 - $10,296,412

3 Beds
3.5 Baths
2,421 Sq Ft
2019 Built

Sale Details

Date Sold: December 18, 2020

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

Est. 39% increase in value since last sale

Current estimated payment $54,974 / mo

183 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Built in 2019 | Newly Remodeled
  • 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 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: 06/09/2020

Co-Listed By

Joyce Gato

Douglas Elliman License #0568186

Last Buyer's Agent

Ivan Chorney

Compass Florida, LLC License #3157854

Compass Florida, LLC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 2019 | Newly Remodeled

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

Interior Spaces

  • 2,421 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Bar
  • Florida or Dining Combination
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated Pool
  • Outdoor Living Area
  • Wrap Around Porch

Schools

  • Ruth K. Broad Bay Harbor K-8 Elementary School
  • Miami Beach Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0232021650090

Community Details

Overview

  • 65 Units
  • 8701 Collins Ave Condo Subdivision
  • Maintained Community
  • 18-Story Property

Amenities

  • Valet Parking
  • Community Library
  • Secure Lobby
  • Bike Room
  • Elevator

Recreation

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2019 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$4,631 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Use preferred GPS app. Valet parking on site
  • Year Built: 2019
  • Entry Level: 11
  • New Construction: Yes
  • DelayedMarketingYN: No
  • Special Features: 4098

Interior Features

  • Interior Amenities: Bidet, Bedroom on Main Level, Bathtub, Dual Sinks, Eat-in Kitchen, Elevator, Family/Dining Room, Soaking Tub, Separate Shower, Walk-In Closet(s), Bar
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Wood
  • Living Area: 2421.0
  • Stories: 18

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Ocean, Water
  • Pool Features: Association, Heated
  • View: Yes
  • Waterfront Features: Ocean Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northeast
  • Patio And Porch Features: Porch, Wrap Around
  • Property Condition: New Construction, Updated/Remodeled

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Covered, Garage, Valet

Utilities

  • Security: Elevator Secured, Key Card Entry, Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: Circuit Breakers
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 4631.0
  • Pets Allowed: Yes
  • Community Features: Home Owners Association
  • Senior Community: No
  • Amenities: Bike Storage, Elevator(s), Fitness Center, Maintenance Grounds, Library, Other, Pool, Sauna, Trash
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes

Schools

  • Elementary School: Ruth K. Broad Bay Harbor K-8
  • High School: Miami Beach
  • Middle Or Junior School: Miami Beach Nautilus

Lot Info

  • Parcel #: 0232021650090
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2019

Multi Family

  • Number Of Units In Community: 65

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Dec 18, 2020
Sold by
8701 Collins Development Llc
Bought by
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
$7,425,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,075,603
Avg. Annual Appreciation
5.91%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Shore, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$5,350,000 Attorney
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $5,350,000 -23.0% $2,210 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $6,950,000 -- $2,871 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $112,466 $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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A10872682

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3202-165-0090

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