$1,700,000
SOLD FEB 28, 2020 RENTED JUL 21, 2025
1 Bed
1.5 Baths
1,018 Sq Ft
$1,635/mo HOA Fee

Recently Sold

$1,670 Per Sq Ft

13% Below List Price

174 Days on Market

Highlights

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

About This Home

As of September 2022

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 will sit 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. Delivery Q4 2019.

Last Agent to Sell the Property

Miltiadis Kastanis

Compass Florida, LLC. License #3301126 Listed on: 08/15/2019

Compass Florida, LLC.

Co-Listed By

Leeor Bar-Haim

Douglas Elliman License #0700950

Last Buyer's Agent

Bonnie Brooks

Douglas Elliman License #0365798

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $28,547

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • Ocean Front
  • North Facing Home
  • Privacy Fence

HOA Fees

  • $1,635 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,018 Sq Ft Home
  • Entrance Foyer
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Schools

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

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Community Details

Overview

  • 66 Units
  • High-Rise Condominium
  • Eighty Seven Park Condos
  • Eighty Seven Park Subdivision
  • 18-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Community Barbecue Grill
  • Clubhouse
  • Business Center
  • Community Library
  • Bar or Lounge
  • Elevator

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$28,547

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$1,635 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: Sales Gallery - 8700 Collins Avenue, Miami Beach, FL
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Master Model: 03
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Eighty Seven Park
  • Year Built Details: Under Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Elevator, Entrance Foyer, Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 1018
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Window Features: High Impact Windows
  • Bedroom Features: Entry Level
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View, Other View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Privacy
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Under 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: Parking-Under Building, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Other

Condo/Co-op/Association

  • Association Fee: 1635
  • Amenities: Bar, Barbecue, Business Center, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Library, Exterior Lighting, Other, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 1635
  • Number Of Units In Community: 66
  • Number Of Units Total: 66

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Sep 21, 2022
Sold by
Collins 1103 Holdings Llc
Bought by
Eighty Seven Park 1103 Llc
Seller's Agent
Oliver Lloyd
Douglas Elliman
Buyer's Agent
Raymond Jacomo
Douglas Elliman
List Price
$2,450,000
Sold Price
$1,925,000
Premium/Discount to List
-$525,000
-21.43%
Views
24
Current Estimated Value
$2,054,511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,511
Avg. Annual Appreciation
2.36%
Original Mortgage
$1,636,250
Outstanding Balance
$1,560,708
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$493,803

Purchase Details

Listed on
Aug 15, 2019
Closed on
Feb 28, 2020
Sold by
8901 Collins Development Llc
Bought by
Collins 1103 Holdings Llc
Seller's Agent
Miltiadis Kastanis
Compass Florida, LLC.
Buyer's Agent
Bonnie Brooks
Douglas Elliman
List Price
$1,950,000
Sold Price
$1,700,000
Premium/Discount to List
-$250,000
-12.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%
Original Mortgage
$1,190,000
Interest Rate
3.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Property History

Date Event Price Change Sq Ft Price
07/21/2025 07/21/25 Rented $13,500 0.0% --
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

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 $28,547 $1,407,226 -- --
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

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10711567

MIAMI REALTORS® MLS

APN: 02-3202-165-0360