$6,000,000
SOLD NOV 19, 2019

Eighty Seven Park 8701 Collins Ave Unit 601 Surfside, FL 33154

North Shore Neighborhood
3 Beds
3.5 Baths
2,421 Sq Ft
2019 Built

Recently Sold

$2,478 Per Sq Ft

8% Below List Price

978 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 March 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.

Last Agent to Sell the Property

Diana Garchitorena

Douglas Elliman License #3040036 Listed on: 11/17/2016

Douglas Elliman

Co-Listed By

Leeor Bar-Haim

MMLS Assoc.-Inactive Member License #0700950

Last Buyer's Agent

Michael Martirena

Compass Florida, LLC License #3139315

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $96,961

Year Built

  • Built in 2019 | Under Construction

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,421 Sq Ft Home
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Utility Room
  • Washer

Home Security

Schools

  • Nautilus Middle School

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 00-32-00-000-0000

Community Details

Overview

  • Property has a Home Owners Association
  • 66 Units
  • High-Rise Condominium
  • Eighty Seven Park Condos
  • Eighty Seven Park Subdivision
  • 18-Story Property

Amenities

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

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$96,961

Year Built

Built in 2019 | Under Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: DEOM01
  • Co List Office Phone: 305-695-6300
  • Directions: Sales Gallery - 8700 Collins Ave, Miami Beach, FL 33154
  • Entry Level: 6
  • Garage Yn: No
  • Horses: No
  • Inclusions: Deeded Beach Access
  • 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, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Elevator, Other, Utility Room/Laundry
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 2421
  • Possible Use: Primary
  • Stories: 18
  • Window Features: High Impact Windows
  • Bedroom Features: Other
  • Living Room Features: Other, Utility Room/Laundry

Exterior Features

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

Garage/Parking

  • Park Building Name: Eighty Seven Park
  • Parking Features: Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Elevator Secure, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Amenities: Bar, Barbecue, Business Center, Cabana, Exercise Room, Library, Other, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 00-32-00-000-0000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 66
  • Number Of Units Total: 66

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Mar 4, 2022
Sold by
8701 Collins Lp
Bought by
Bhargava Marc K
Seller's Agent
Michael Martirena
Compass Florida, LLC
Buyer's Agent
Jackson Keddell
Douglas Elliman
List Price
$6,450,000
Sold Price
$6,200,000
Premium/Discount to List
-$250,000
-3.88%
Current Estimated Value
$6,972,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$772,400
Avg. Annual Appreciation
3.45%

Purchase Details

Listed on
Nov 17, 2016
Closed on
Nov 22, 2019
Sold by
8701 Collins Development Llc
Bought by
8701 Collins Lp
Seller's Agent
Diana Garchitorena
Douglas Elliman
Buyer's Agent
Michael Martirena
Compass Florida, LLC
List Price
$6,500,000
Sold Price
$6,000,000
Premium/Discount to List
-$500,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.44%
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 $6,200,000 Clear Title
Special Warranty Deed $6,000,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $6,200,000 -3.9% $2,777 / Sq Ft
09/16/2021 09/16/21 For Sale $6,450,000 0.0% $2,888 / Sq Ft
01/15/2021 01/15/21 Rented $75,000 0.0% --
12/21/2020 12/21/20 Under Contract -- -- --
12/17/2020 12/17/20 For Rent $75,000 0.0% --
11/19/2019 11/19/19 Sold $6,000,000 -10.4% $2,478 / Sq Ft
07/23/2019 07/23/19 Pending -- -- --
04/13/2018 04/13/18 Price Changed $6,700,000 +3.1% $2,767 / Sq Ft
11/17/2016 11/17/16 For Sale $6,500,000 -- $2,685 / 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 $96,961 $5,431,450 -- --
2024 $102,636 $5,159,878 -- --
2023 $102,636 $5,105,563 $0 $0
2022 $88,742 $4,723,000 $0 $0
2021 $87,416 $4,416,005 $0 $0
2020 $91,435 $4,723,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Martirena

    Seller's Agent in 2022

    Michael Martirena

    Compass Florida, LLC

    (305) 907-7948

    8 in this area

    63 Total Sales

    Michael Martirena
    Section Image
  • Ivan Chorney

    Seller Co-Listing Agent in 2022

    Ivan Chorney

    Compass Florida, LLC

    (786) 863-5900

    10 in this area

    58 Total Sales

    Ivan Chorney
    Section Image
  • Jackson Keddell

    Buyer's Agent in 2022

    Jackson Keddell

    Douglas Elliman

    (305) 244-7023

    1 in this area

    41 Total Sales

    Jackson Keddell
    Section Image
  • Diana Garchitorena

    Seller's Agent in 2019

    Diana Garchitorena

    Douglas Elliman

    (305) 695-6300

    7 in this area

    17 Total Sales

    Diana Garchitorena
    Section Image

  • L

    Seller Co-Listing Agent in 2019

    Leeor Bar-Haim

    MMLS Assoc.-Inactive Member

    Section Image
See All Agents

About Eighty Seven Park

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10180681

MIAMI REALTORS® MLS

APN: 02-3202-165-0040

Florida Miami/Dade County Surfside 33141 North Shore

8701 Collins Ave Unit 601, Surfside, FL

This home is located at 8701 Collins Ave Unit 601, Surfside, FL 33154 and is currently priced at $6,000,000, approximately $2,478 per square foot. This property was built in 2019. 8701 Collins Ave Unit 601 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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