NOT LISTED FOR SALE

Eighty Seven Park 8701 Collins Ave Unit 1501 Surfside, FL 33154

North Shore Neighborhood

Estimated Value: $3,504,000 - $9,995,679

4 Beds
3.5 Baths
3,140 Sq Ft
$7,582/mo HOA Fee

Last Sold February 14, 2022

Last sale price $9,250,000 $2,946 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $60,167/month

251 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 February 2022

When land and ocean are joined to create a seamless collaboration, the result is a one of a kind masterpiece. Offering stunning ocean and city views, this magnificent 3 bed, 3/1 bath unit is the epitome of luxury lifestyle. Enjoy every amenity imaginable including full service spa, ocean view gym, wine bar, 2 pools and even a lifestyle director. The heart of Eighty Seven Park is an atmosphere of luxury, service & attention to detail. It is these personalized touches, superior service & gracious hospitality that places life at 87 Park on a level all its own.

Last Agent to Sell the Property

Lourdes Alatriste

Douglas Elliman License #0693485 Listed on: 06/08/2021

Douglas Elliman

Last Buyer's Agent

Ivan Chorney

Compass Florida, LLC License #3157854

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $118,481

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $7,582 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

Home Design

  • Cluster Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,140 Sq Ft Home
  • Blinds
  • Family or Dining Combination
  • Wood Flooring
  • Washer

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Home Security

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0120

Community Details

Overview

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

Amenities

  • Doorman
  • Valet Parking
  • Business Center
  • Community Library
  • Bar or Lounge
  • Secure Lobby
  • Bike Room

Recreation

  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Guard
  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$118,481

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$7,582 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise, Patio/Cluster
  • Entry Level: 15
  • 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: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 3140
  • Possible Use: Primary
  • Stories: 18
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Pool Area View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 87 PARK
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, Covered, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 7582
  • Amenities: Bar, Bike/Jog Path, Bike Storage, Business Center, Exercise Room, Heated Pool, Library, Exterior Lighting, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-02-165-0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 7582
  • Number Of Units In Community: 66
  • Number Of Units Total: 66

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 118481

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Feb 14, 2022
Sold by
Esroad Limited
Bought by
Rpg Trust
Seller's Agent
Lourdes Alatriste
Douglas Elliman
Buyer's Agent
Ivan Chorney
Compass Florida, LLC
List Price
$10,900,000
Sold Price
$9,250,000
Premium/Discount to List
-$1,650,000
-15.14%
Current Estimated Value
$7,602,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,647,440
Avg. Annual Appreciation
-5.43%

Purchase Details

Closed on
Jul 30, 2020
Sold by
8701 Collins Development Llc
Bought by
Esroad Limited
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
Rpg Trust $9,250,000 Montello Law
Esroad Limited $10,650,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $9,250,000 -15.1% $2,946 / Sq Ft
06/08/2021 06/08/21 For Sale $10,900,000 -- $3,471 / 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 $146,852 $8,226,200 -- --
2024 $155,448 $7,814,890 -- --
2023 $155,448 $7,732,628 $0 $0
2022 $144,821 $6,933,960 $0 $0
2021 $121,711 $6,303,600 $0 $0
2020 $118,481 $6,120,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lourdes Alatriste

    Seller's Agent in 2022

    Lourdes Alatriste

    Douglas Elliman

    (305) 926-5322

    1 in this area

    95 Total Sales

    Lourdes Alatriste
    Section Image
  • Ivan Chorney

    Buyer's Agent in 2022

    Ivan Chorney

    Compass Florida, LLC

    (786) 863-5900

    10 in this area

    58 Total Sales

    Ivan Chorney
    Section Image
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About Eighty Seven Park

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11054302

MIAMI REALTORS® MLS

APN: 02-3202-165-0120

Florida Miami/Dade County Surfside 33141 North Shore

8701 Collins Ave Unit 1501, Surfside, FL

This home is located at 8701 Collins Ave Unit 1501, Surfside, FL 33154 since 08 June 2021 and is currently estimated at $7,602,560, approximately $2,421 per square foot. This property was built in 2019. 8701 Collins Ave Unit 1501 is a home located in Miami-Dade County with nearby schools including Ruth K. Broad Bay Harbor K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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