NOT LISTED FOR SALE

Eighty Seven Park 8701 Collins Ave Unit 401 Surfside, FL 33154

North Shore Neighborhood

Estimated Value: $6,150,000 - $6,785,000

3 Beds
3.5 Baths
2,233 Sq Ft
$6,155/mo HOA Fee

Last Sold April 26, 2022

Last sale price $5,500,000 $2,463 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $47,918/month

97 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 April 2022

Join us in a breathtaking view of Unit 401 at Eighty Seven Park, a boutique condo by Renzo Piano with just under 70 units and relaxing beachfront views. A fabulous 3/3.5 with 2,233 SQ FT of living space perfect for entertaining or lounge. The kitchen features Wolf & Subzero appliances, natural stone countertops, and an open layout, earning its place as the heart of the home. Enjoy unique amenities, including a full-service spa, library with botanical touches, cabanas surrounded by lush gardens, and the exclusive Fugo Restaurant and Enoteca Bar. Stroll past the two pools as you make your way through the dunes to the picturesque shore of Miami Beach.

Last Agent to Sell the Property

Ivan Chorney

Compass Florida, LLC License #3157854 Listed on: 12/16/2021

Compass Florida, LLC

Co-Listed By

Michael Martirena

Compass Florida, LLC License #3139315

Last Buyer's Agent

Daniel Tzinker

The Agency Florida LLC License #3185618

The Agency Florida LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $80,650

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Ocean Front
  • End Unit
  • Northeast Facing Home

HOA Fees

  • $6,155 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 2,233 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Exterior Lighting

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0020

Community Details

Overview

  • 70 Units
  • Eighty Seven Park Condos
  • 8701 Collins Ave Condo Subdivision
  • 18-Story Property

Amenities

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

Recreation

  • Community Cabanas

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$80,650

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$6,155 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Entry Level: 4
  • 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, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Elevator, Other, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 2233
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: Entry Level, Other
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View, Direct Ocean, Water View
  • Exterior Features: Open Balcony
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Eighty Seven Park
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Smoke Detector, Doorman, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 6155
  • Amenities: Bar, Barbecue, Business Center, Cabana, Elevator(s), Exercise Room, Heated Pool, Library, Exterior Lighting, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-02-165-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 80650

Multi Family

  • Maintenance Expense: 6155
  • Number Of Units In Community: 70
  • Number Of Units Total: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2019
Sold by
8701 Collins Development Llc
Bought by
Teicher Susan and Rpg Trust
Current Estimated Value
$6,520,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
2.12%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Teicher Susan $5,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Teicher Susan $3,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2022 04/26/22 Sold $5,500,000 -6.8% $2,463 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
12/16/2021 12/16/21 For Sale $5,900,000 -- $2,642 / 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 $92,409 $5,102,664 -- --
2024 $97,861 $4,958,858 -- --
2023 $97,861 $4,906,659 $0 $0
2022 $85,285 $4,539,000 $0 $0
2021 $84,011 $4,243,965 $0 $0
2020 $87,873 $4,539,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ivan Chorney

    Seller's Agent in 2022

    Ivan Chorney

    Compass Florida, LLC

    (786) 863-5900

    9 in this area

    60 Total Sales

    Ivan Chorney
    Section Image
  • Michael Martirena

    Seller Co-Listing Agent in 2022

    Michael Martirena

    Compass Florida, LLC

    (305) 907-7948

    8 in this area

    67 Total Sales

    Michael Martirena
    Section Image
  • Daniel Tzinker

    Buyer's Agent in 2022

    Daniel Tzinker

    The Agency Florida LLC

    (786) 234-9898

    1 in this area

    65 Total Sales

    Daniel Tzinker
    Section Image
See All Agents

About Eighty Seven Park

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11136105

MIAMI REALTORS® MLS

APN: 02-3202-165-0020

Florida Miami/Dade County Surfside 33141 North Shore

8701 Collins Ave Unit 401, Surfside, FL

Not Listed for Sale

Condos

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.

Nearby Homes