$8,600,000

Estimated payment $61,574/month

Total Views 4,373
3 Beds
3.5 Baths
2,233 Sq Ft
$3,851 Price per Sq Ft

Highlights

  • Valet Parking
  • Ocean View
  • Community Cabanas
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Property has ocean access
  • 2-minute walk to Veterans Park and Tennis Center

About This Home

Stunning 701 Residence at Eighty Seven Park offers a refined coastal lifestyle within one of Miami Beach’s most iconic oceanfront buildings. This sophisticated 3-bedroom, 3.5-bath residence features expansive interiors complemented by floor-to-ceiling glass, filling the home with natural light and framing serene ocean, park, and city views. Thoughtfully designed for seamless indoor-outdoor living, the residence includes a generous terrace ideal for entertaining or quiet relaxation. High-end finishes, a custom kitchen and elegant bathrooms. Residents enjoy five-star amenities including direct beach access, oceanfront pools, spa and fitness facilities, concierge services, and an on-site restaurant—just moments from Miami Beach’s finest dining, shopping and cultural destinations.

Listing Agent

Valentina Zambrano

United Realty Group Inc License #3320323 Listed on: 01/05/2026

United Realty Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $100,514

Year Built

  • Built in 2019

HOA Fees

  • $8,229 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Ridge Vents on the Roof

Interior Spaces

  • 2,233 Sq Ft Home
  • Custom Mirrors
  • Fireplace
  • Combination Dining and Living Room
  • Marble Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Closet Cabinetry

Outdoor Features

  • Property has ocean access
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0050

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, pool(s), trash, water
  • 8701 Collins Ave Cond Subdivision
  • 18-Story Property

Amenities

  • Valet Parking
  • Picnic Area
  • Clubhouse
  • Business Center
  • Community Library
  • Elevator

Recreation

  • Community Cabanas

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$100,514

Year Built

Built in 2019

Lot Details

0

HOA Fees

$8,229 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2019
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, Breakfast Area, Closet Cabinetry, Eat-in Kitchen, Living/Dining Room, Custom Mirrors, Tub Shower
  • Main Level Bedrooms: 3
  • Appliances: Electric Water Heater
  • Accessibility Features: Accessible Elevator Installed
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 2233.0
  • Stories: 18

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Ocean
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Beach Access, Deeded Access, Ocean Access
  • Construction Type: Block
  • Patio And Porch Features: Open
  • Roof: Ridge Vents

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Covered, Valet

Utilities

  • Security: Security System, Closed Circuit Camera(s), Fire Alarm, Gated Community, Lobby Secured, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 8229.0
  • Community Features: Home Owners Association, Gated
  • Senior Community: No
  • Amenities: Business Center, Cabana, Clubhouse, Fitness Center, Maintenance Grounds, Library, Picnic Area, Playground, Pool, Parking, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Breed Restrictions

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Trash, Water

Lot Info

  • Parcel #: 02-32-02-165-0050
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 100514.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $98,685 $5,539,550 -- --
2024 $95,278 $5,245,713 -- --
2023 $95,278 $4,768,830 $0 $0
2022 $90,508 $4,817,000 $0 $0
2021 $93,007 $4,817,000 $0 $0
2020 $93,255 $4,817,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/05/2026 01/05/26 For Sale $8,600,000 0.0% $3,851 / Sq Ft
04/01/2023 04/01/23 Rented $28,000 -6.7% --
03/23/2023 03/23/23 Under Contract -- -- --
02/13/2023 02/13/23 For Rent $30,000 -14.3% --
01/11/2022 01/11/22 Under Contract -- -- --
01/08/2022 01/08/22 Rented -- -- --
06/23/2021 06/23/21 For Rent $35,000 +9.4% --
12/01/2020 12/01/20 Rented $32,000 -8.6% --
10/20/2020 10/20/20 Under Contract -- -- --
08/04/2020 08/04/20 Price Changed $35,000 -5.4% $16 / Sq Ft
06/11/2020 06/11/20 For Rent $37,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $5,725,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,862,500 New Conventional
Source: Public Records

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10540870

BeachesMLS (Greater Fort Lauderdale)

APN: 02-3202-165-0050