NOT LISTED FOR SALE

Estimated Value: $3,642,000 - $5,062,000

2 Beds
2.5 Baths
1,522 Sq Ft
$2,820/mo HOA Fee

Last Sold October 18, 2021

Last sale price $3,300,000 $2,168 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $30,497/month

22 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 October 2021

Enjoy Resort living in an architectural masterpiece designed by Renzo Piano Workshop. This boutique building is a selection of oceanfront residences designed to embrace park and ocean views in Miami's coveted seaside neighborhood. The building sits between a 35 acre ocean front park to the south and private park to the north. This corner residence is adorned with floor to ceiling walls of glass and stacking glass doors which create a seamless indoor/outdoor living space unto the 1,433 ft terrace! Custom Ornare closets, available turnkey or unfurnished. This tranquil space is completed with fabulous Biscayne Bay and Atlantic Ocean views. Enjoy the 2 infinity pools, a hot tub, 5 Star poolside, beach and room services, wine bar, fitness center, hair/nail salon and a one of a kind spa!

Last Agent to Sell the Property

Diana Garchitorena

Douglas Elliman License #3040036 Listed on: 05/24/2021

Douglas Elliman

Last Buyer's Agent

Sivan Manoah

Coast License #3465153

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $39,048

Year Built

  • Built in 2019 | New Construction

Lot Details

  • Ocean Front
  • West Facing Home

HOA Fees

  • $2,820 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Deeded Parking
  • Assigned Parking

Property Views

Home Design

  • Slab Foundation
  • Concrete Block And Stucco Construction
  • Piling Construction

Interior Spaces

  • 1,522 Sq Ft Home
  • Drapes & Rods
  • Great Room
  • Family or Dining Combination
  • Ceramic Tile Flooring

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Green Roof
  • Energy-Efficient Windows

Outdoor Features

  • Outdoor Grill

Location

  • East of U.S. Route 1

Schools

  • Nautilus Middle School
  • Miami Beach High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0480

Community Details

Overview

  • High-Rise Condominium
  • Eighty Seven Park Condos
  • 8701 Collins Ave Condo,Eighty Seven Park Subdivision, 05 Floorplan
  • 18-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Bar or Lounge
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

  • Community Cabanas
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$39,048

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$2,820 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 7
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • Master Model: 05 Floorplan
  • 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: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Fire Sprinklers, Split Bedroom, Walk-In Closet(s), Great Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1522
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Window Features: Clear Impact Glass, Complete Impact Glass, Drapes, High Impact Windows, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination, Snack Bar/Counter
  • Living Room Features: Great Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Intracoastal View, Ocean View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Construction Type: CBS Construction, Piling Construction, Slab Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Piling Construction, New Construction
  • View: Yes
  • Waterfront Features: 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, Assigned, Deeded

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Complex Fenced, Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2820
  • Amenities: Bar, Bike Storage, Cabana, Elevator(s), Exercise Room, Heated Pool, Pool, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-02-165-0480
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Roof, Water Heater, Windows

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 2820

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 39048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2021
Closed on
Oct 11, 2021
Sold by
Eighty Seven Park Llc
Bought by
Miles Daniel J
Seller's Agent
Diana Garchitorena
Douglas Elliman
Buyer's Agent
Sivan Manoah
Coast
List Price
$3,499,000
Sold Price
$3,300,000
Premium/Discount to List
-$199,000
-5.69%
Current Estimated Value
$4,221,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,487
Avg. Annual Appreciation
4.23%

Purchase Details

Closed on
Jul 8, 2020
Sold by
8701 Collins Development Llc
Bought by
Eighty Seven Park Llc
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Miles Daniel J $3,300,000 Attorney
Eighty Seven Park Llc $2,400,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $3,300,000 -5.7% $2,168 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $3,499,000 -- $2,299 / 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 $56,094 $3,026,310 -- --
2024 $56,410 $3,026,310 -- --
2023 $56,410 $3,026,310 $0 $0
2022 $45,857 $2,440,570 $0 $0
2021 $38,944 $2,017,000 $0 $0
2020 $39,048 $2,017,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11046190

MIAMI REALTORS® MLS

APN: 02-3202-165-0480