NOT LISTED FOR SALE

Estimated Value: $1,271,000 - $2,147,148

1 Bed
1.5 Baths
1,018 Sq Ft
2020 Built

Sale Details

Date Sold: September 5, 2023

Last sale price $1,775,000 $1,744 Per Sq Ft

Current estimated payment $14,830 / mo

106 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 September 2023

MUST SEE! Pritzker award winning architect, Renzo Piano designed building where ocean meets park in the most coveted neighborhood in Miami Beach. This is a unique custom designed floor plan with HUGE closets and a custom master bathroom. Nothing has been spared, designer finishes from wallpaper to build-ins, floor to ceiling walls of glass and stacking glass doors which create a seamless space of indoor to outdoor living. Building features 5 star services with security, concierge, spa, gym, restaurant and wine bar.

Last Agent to Sell the Property

Lisa Cohn

Douglas Elliman License #3342058 Listed on: 05/15/2023

Douglas Elliman

Last Buyer's Agent

Alex Algarin

Compass Florida, LLC License #3271319

Compass Florida, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $20,666

Year Built

  • Built in 2020 | New Construction

HOA Fees

  • $3,062 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,018 Sq Ft Home
  • Built-In Features
  • Wood Flooring
  • Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Outdoor Features

  • Outdoor Grill

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0320

Community Details

Overview

  • 66 Units
  • High-Rise Community
  • Eighty Seven Park Condos
  • 8701 Collins Ave Condo Subdivision
  • 18-Story Property

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Additional Features

  • Doorman
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$20,666

Year Built

Built in 2020 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$3,062 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 8701 COLLINS AVE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: Built-in Features, Elevator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 1018
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub

Exterior Features

  • View: Ocean View
  • Exterior Features: Barbeque, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Eighty Seven Park
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 3062
  • Amenities: Exercise Room, Heated Pool, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 02-32-02-165-0320
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 20666

Multi Family

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2023
Closed on
Sep 5, 2023
Sold by
Bought by
Seller's Agent
Lisa Cohn
Douglas Elliman
Buyer's Agent
Alex Algarin
Compass Florida, LLC
List Price
$1,999,000
Sold Price
$1,775,000
Premium/Discount to List
-$224,000
-11.21%
Views
114
Current Estimated Value
$1,768,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,713
Avg. Annual Appreciation
-0.13%
Original Mortgage
$1,242,500
Interest Rate
0.069%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
0.0487%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,775,000 None Listed On Document
$1,200,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,242,500
Previous Owner $607,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/05/2023 09/05/23 Sold $1,775,000 -11.2% $1,744 / Sq Ft
08/30/2023 08/30/23 Pending -- -- --
05/15/2023 05/15/23 For Sale $1,999,000 0.0% $1,964 / Sq Ft
10/31/2021 10/31/21 Rented -- -- --
09/13/2021 09/13/21 Price Changed $14,500 +7.4% $14 / Sq Ft
08/12/2021 08/12/21 For Rent $13,500 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $25,599 $1,300,068
2024 $24,956 $1,403,482
2023 $24,956 $1,234,621 $0 $0
2022 $22,385 $1,122,383 $0 $0
2021 $20,666 $1,032,240 $0 $0
2020 $21,373 $1,104,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11387471

MIAMI REALTORS® MLS

APN: 02-3202-165-0320

Your Personal Tour Guide

Ask me questions while you tour the home.