$3,750,000
SOLD JUN 14, 2021
2 Beds
2.5 Baths
1,595 Sq Ft
$2,752/mo HOA Fee

Recently Sold

$2,351 Per Sq Ft

12% Below List Price

333 Days on Market

Highlights

  • Doorman
  • Ocean Front
  • New Construction
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Fitness Center
  • 2-minute walk to Veterans Park and Tennis Center

About This Home

As of June 2021

Eighty Seven Park by Renzo Piano is a collection of 66 private Oceanfront residences designed to seamlessly embrace the park and the ocean in Miami beach's newest neighborhood. Expansive Balcony overlooking redesigned 35-acre North Shore park and the ocean ,10" ceilings and state of the art finishes make this unit a unique and exclusive enclave.Wolf & subzero appliances,natural stone counter tops & back splashes,Zucchetti bathroom fixtures,vanities & accessories,floor to ceiling windows, and 578 sf wrap around terrace.Full-service building with concierge, 2 pools, full-service spa, ocean-view gym, and wine bar.

Last Agent to Sell the Property

Alexandra Sierra

Compass Florida, LLC License #3184474 Listed on: 06/16/2020

Compass Florida, LLC

Last Buyer's Agent

Mariana Niro

Serhant License #3125959

Serhant

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $52,481

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Ocean Front
  • Southeast Facing Home

HOA Fees

  • $2,752 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

  • Garden

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,595 Sq Ft Home
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Wood Flooring

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property has ocean access
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-164-0390

Community Details

Overview

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

Amenities

  • Doorman
  • Sauna
  • Trash Chute
  • Community Center
  • Party Room
  • Community Library
  • Lobby
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$52,481

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$2,752 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Split Level
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Eighty Seven Park
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry, Built-in Features, Cooking Island, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1595
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View, Ocean View
  • Exterior Features: Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • 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: 1 Space, Limited # Of Vehicle

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2752
  • Amenities: Community Room, Elevator(s), Exercise Room, Library, Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-02-164-0390
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Jun 14, 2021
Sold by
Lyra Capital Llc
Bought by
Vide Braba Llc
Seller's Agent
Alexandra Sierra
Compass Florida, LLC
Buyer's Agent
Mariana Niro
Serhant
List Price
$4,250,000
Sold Price
$3,750,000
Premium/Discount to List
-$500,000
-11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.42%

Purchase Details

Closed on
May 4, 2020
Sold by
8701 Collins Development Llc
Bought by
Lyra Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604
Interest Rate
3.3%
Mortgage Type
Purchase Money Mortgage
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 $3,750,000 Attorney
Special Warranty Deed $3,300,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $604 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $5,250,000 0.0% $3,603 / Sq Ft
06/23/2025 06/23/25 For Rent $27,500 0.0% --
06/14/2021 06/14/21 Sold $3,750,000 0.0% $2,351 / Sq Ft
11/06/2020 11/06/20 Rented $14,000 -22.2% --
10/20/2020 10/20/20 Under Contract -- -- --
10/08/2020 10/08/20 Price Changed $18,000 0.0% $11 / Sq Ft
08/31/2020 08/31/20 Price Changed $3,900,000 0.0% $2,445 / Sq Ft
06/16/2020 06/16/20 For Rent $23,000 0.0% --
06/15/2020 06/15/20 For Sale $4,250,000 -- $2,665 / 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 $52,481 $2,645,820 -- --
2024 $55,194 $2,792,810 -- --
2023 $55,194 $2,910,399 $0 $0
2022 $55,237 $2,939,798 $0 $0
2021 $52,557 $2,722,035 $0 $0
2020 $55,471 $2,865,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10875095

MIAMI REALTORS® MLS

APN: 02-3202-165-0410