NOT LISTED FOR SALE

Estimated Value: $3,641,000 - $4,302,000

2 Beds
2.5 Baths
1,522 Sq Ft
2019 Built

Last Sold November 15, 2023

Last sale price $3,850,000 $2,530 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $30,758/month

131 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • Marble Flooring
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Waterfront
  • 2-minute walk to Veterans Park and Tennis Center

About This Home

As of November 2023

Welcome to Residence 605 at Eighty Seven Park by Renzo Piano Building Workshop, a modern masterpiece of luxury living. This exquisite two bedroom retreat offers stunning ocean and sunset views. With floor-to-ceiling glass and 10' ceilings, the spacious interior seamlessly connects with the outdoors. Indulge in the marble-clad bathrooms and unwind in the soaking tub whilst the Molteni Dada kitchen, Gaggenau appliances, and summer kitchen cater to culinary enthusiasts. Enjoy the private park, infinity pool, spa, fitness center, and direct beach access. Experience unparalleled elegance and serenity at Residence 605 as every detail has been carefully considered to create an oasis of tranquility.

Last Agent to Sell the Property

Miltiadis Kastanis

Compass Florida, LLC License #3301126 Listed on: 06/23/2023

Compass Florida, LLC

Co-Listed By

James Hait

Douglas Elliman License #3461714

Last Buyer's Agent

Germán Grudny

Home Wiz USA License #3092975

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $40,569

Year Built

  • Built in 2019

HOA Fees

  • $5,479 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Deeded Parking

Property Views

Home Design

  • Entry on the 6th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,522 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Bay Harbor Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0470

Community Details

Overview

  • High-Rise Condominium
  • Eighty Seven Park Condos
  • 8701 Collins Ave Condo,Eighty Seven Park Subdivision
  • 18-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$40,569

Year Built

Built in 2019

Lot Details

0 Sq Ft Lot

HOA Fees

$5,479 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Entry Level: 6
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 8701 COLLINS AVE CONDO,EIGHTY SEVEN PARK
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Split Bedroom
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 1522
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Window Features: Clear Impact Glass, Complete Impact Glass, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Intracoastal View, Ocean View, Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: EIGHTY SEVEN PARK
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Deeded, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 5479
  • Amenities: Elevator(s), Exercise Room, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Bay Harbor
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-02-165-0470
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 40569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Nov 15, 2023
Sold by
Matthew R Kaufman Revocable Trust and Danielle S Kaufman Revocable Trust
Bought by
Ospd Llc
Seller's Agent
Miltiadis Kastanis
Compass Florida, LLC
Buyer's Agent
Germán Grudny
Home Wiz USA
List Price
$4,200,000
Sold Price
$3,850,000
Premium/Discount to List
-$350,000
-8.33%
Views
108
Current Estimated Value
$3,922,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,720
Avg. Annual Appreciation
0.80%

Purchase Details

Closed on
Jul 6, 2021
Sold by
Kaufman Matthew and Kaufman Danielle
Bought by
Matthew R Kaufman Revocable Trust and Danielle S Kaufman Revocable Trust

Purchase Details

Closed on
Nov 27, 2019
Sold by
8701 Collins Development Llc
Bought by
Kaufman Matthew and Kaufman Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.75%
Mortgage Type
New Conventional
Source: Public Records
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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
Ospd Llc $3,850,000 Century Title
Matthew R Kaufman Revocable Trust -- None Listed On Document
Matthew R Kaufman Revocable Trust -- None Listed On Document
Kaufman Matthew $2,200,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kaufman Matthew $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2023 11/15/23 Sold $3,850,000 -8.3% $2,530 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $4,200,000 0.0% $2,760 / Sq Ft
10/30/2020 10/30/20 Rented $20,000 0.0% --
09/03/2020 09/03/20 Under Contract -- -- --
05/19/2019 05/19/19 For Rent $20,000 -- --
Source: MIAMI REALTORS® MLS

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 $55,740 $2,966,290 -- --
2024 $47,154 $2,966,290 -- --
2023 $47,154 $2,236,678 $0 $0
2022 $40,569 $2,033,344 $0 $0
2021 $36,592 $1,848,495 $0 $0
2020 $38,274 $1,977,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11408364

MIAMI REALTORS® MLS

APN: 02-3202-165-0470

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