RENTED OCT 30, 2025

Estimated Value: $3,108,000 - $3,554,518

2 Beds
2.5 Baths
1,602 Sq Ft
2019 Built

Last Sold May 14, 2025

Last sale price $2,850,000 $1,779 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $22,565/month

Highlights

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

About This Home

As of October 2025

Available Sept 1 – Mar 1 (6-Month Lease).
Experience the HOT season in Miami Beach at 87 Park. This elegantly furnished corner residence offers 2 beds, 2.5 baths, and over 1,600 SF of interior space. A custom Molteni Dada white oak kitchen with Ceppo Gris stone countertops and backsplash anchors the living space, while bathrooms are clad in luxurious white Macaubas stone with a drench shower and soaking tub overlooking the park.
The owner will be adding high-end artwork throughout the unit, elevating the design and creating a truly curated living experience.
Enjoy a spacious private terrace, sliding glass walls, and an electric BBQ. Residents enjoy world-class amenities including a state-of-the-art fitness center, resort-style pools, 24/7 concierge service, and more

Last Agent to Rent the Property

Mikhail Mudrik

The Agency Florida LLC License #3476866 Listed on: 08/21/2025

The Agency Florida LLC

Last Renter's Agent

Mikhail Mudrik

The Agency Florida LLC License #3476866 Listed on: 08/21/2025

The Agency Florida LLC

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2019

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

  • Garden

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,602 Sq Ft Home
  • Furnished
  • Built-In Features
  • Combination Dining and Living Room
  • Tile Flooring
  • Cooking Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet

Outdoor Features

  • Above Ground Pool
  • Property has ocean access
  • Beach Access
  • Outdoor Grill

Additional Features

  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 9/1/25
  • Short Term Lease Lease Term
  • Assessor Parcel Number 02-32-02-165-0580

Community Details

Overview

  • No Home Owners Association
  • 8701 Collins Ave Condo
  • 8701 Collins Ave Condo,87 Park Condominium Subdivision, 06 Line Floorplan
  • 18-Story Property

Amenities

  • Sauna
  • Bar or Lounge
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • No Pets Allowed

Security

  • Card or Code Access
  • Gated Community

Condo Details

Home Type

Condominium

Year Built

Built in 2019

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2025-09-01
  • Lease Term: Short Term Lease

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other, Beach Access
  • Lease Assignable: No
  • Master Model: 06 Line
  • New Construction: No
  • Building Stories: 18
  • Structure Type: Condo/Co-Op/Seasonal, Condo
  • Subdivision Name: 8701 COLLINS AVE CONDO,87 Park Condominium
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 17500
  • InternetRemarks: Experience the HOT season in Miami Beach at 87 Park.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 18

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1602
  • Spa Features: Community
  • Stories: 18
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Garden, Water
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: 8701 COLLINS AVE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Key Card Entry

Condo/Co-op/Association

  • Amenities: Bar, Elevator(s), Other, Sauna, Spa/Hot Tub
  • Association: No
  • Community Features: Additional Amenities, Gated, Sauna, Spa/Hot Tub

Lot Info

  • Parcel Number: 02-32-02-165-0580
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
May 13, 2025
Sold by
8701 Collins Ave 306 Florida Land Trust and Sands Holdings 1 Llc
Bought by
Moraly Residential Properties Llc
Seller's Agent
Miltiadis Kastanis
Compass Florida, LLC
Buyer's Agent
Mikhail Mudrik
The Agency Florida LLC
List Price
$4,600,000
Sold Price
$2,850,000
Premium/Discount to List
-$1,750,000
-38.04%
Views
27
Current Estimated Value
$3,304,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,130
Avg. Annual Appreciation
25.99%

Purchase Details

Listed on
Apr 16, 2023
Closed on
Sep 7, 2023
Sold by
Junaid Sufia and Junaid Ansir
Bought by
8701 Collins Ave 306 Florida Land Trust
Seller's Agent
Mick Duchon
The Corcoran Group
Buyer's Agent
Yury Mouchan
Capital Investments Realty LLC
List Price
$2,900,000
Sold Price
$2,725,000
Premium/Discount to List
-$175,000
-6.03%
Views
89

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%

Purchase Details

Listed on
Jul 23, 2019
Closed on
Oct 24, 2020
Sold by
8701 Collins Development Llc
Bought by
Junaid Sufia and Junaid Ansir
Seller's Agent
Miltiadis Kastanis
Compass Florida, LLC
Buyer's Agent
Melissa Rubin
Compass Florida, LLC
List Price
$3,500,000
Sold Price
$2,400,000
Premium/Discount to List
-$1,100,000
-31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$1,680,000
Interest Rate
2.47%
Mortgage Type
New Conventional
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
Moraly Residential Properties Llc $2,850,000 None Listed On Document
Moraly Residential Properties Llc $2,850,000 None Listed On Document
8701 Collins Ave 306 Florida Land Trust $2,725,000 None Listed On Document
Junaid Sufia $2,450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Junaid Sufia $1,680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2025 10/30/25 Rented $17,500 -12.5% --
08/21/2025 08/21/25 For Rent $20,000 0.0% --
05/14/2025 05/14/25 Sold $2,850,000 -5.0% $1,779 / Sq Ft View Prior Sale
04/14/2025 04/14/25 Pending -- -- --
03/25/2025 03/25/25 Price Changed $3,000,000 -11.8% $1,873 / Sq Ft
02/15/2025 02/15/25 Price Changed $3,400,000 -2.8% $2,122 / Sq Ft
01/21/2025 01/21/25 Price Changed $3,499,000 -7.8% $2,184 / Sq Ft
12/03/2024 12/03/24 Price Changed $3,795,000 -17.5% $2,369 / Sq Ft
10/03/2024 10/03/24 For Sale $4,600,000 +68.8% $2,871 / Sq Ft
09/08/2023 09/08/23 Sold $2,725,000 -6.0% $1,701 / Sq Ft View Prior Sale
08/14/2023 08/14/23 Pending -- -- --
04/16/2023 04/16/23 Price Changed $2,899,000 0.0% $1,810 / Sq Ft
04/16/2023 04/16/23 For Sale $2,900,000 0.0% $1,810 / Sq Ft
12/03/2022 12/03/22 Rented $18,000 -10.0% --
10/13/2022 10/13/22 Under Contract -- -- --
05/10/2022 05/10/22 Price Changed $20,000 -20.0% $12 / Sq Ft
03/18/2022 03/18/22 Price Changed $25,000 -16.7% $16 / Sq Ft
01/26/2022 01/26/22 For Rent $30,000 0.0% --
10/21/2020 10/21/20 Sold $2,400,000 -18.6% $1,498 / Sq Ft View Prior Sale
09/18/2020 09/18/20 Pending -- -- --
06/05/2020 06/05/20 Price Changed $2,950,000 -15.7% $1,841 / Sq Ft
07/23/2019 07/23/19 For Sale $3,500,000 -- $2,185 / 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 $63,665 $3,388,000 -- --
2024 $64,022 $3,218,600 -- --
2023 $64,022 $3,388,000 $0 $0
2022 $44,695 $2,420,000 $0 $0
2021 $38,616 $2,000,000 $0 $0
2020 $38,719 $2,000,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11861023

MIAMI REALTORS® MLS

APN: 02-3202-165-0580