NOT LISTED FOR SALE

Estimated Value: $1,836,000 - $1,904,000

1 Bed
1.5 Baths
1,018 Sq Ft
$2,517/mo HOA Fee

Last Sold August 19, 2024

Last sale price $1,750,000 $1,719 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $14,692/month

515 Days on Market

Highlights

  • Valet Parking
  • 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 August 2024

Expansive 1-bedroom 1.5 bathroom residence with over 1,000 sq ft at Renzo Piano’s spectacular 87 Park in Miami Beach. Gorgeous Ocean and Beach views from bedroom, living and dining room. Telescopic patio doors that open wide to the deep, oversized terrace with summer kitchen. Look down over the private 2-acre park. French oak wood floors with natural stone floors/walls in the bathroom. Wolf & subzero appliances, natural stone kitchen island countertop & back splash. 87 Park offers hotel-like service by its professional staff. Amenities include Botanical Garden, Enoteca and Fugo Bar, 2 pools, gym+spa, Hamam and private park.

Last Agent to Sell the Property

Giorgio Vecchi

Douglas Elliman Brokerage Email: giorgio.vecchi@elliman.com License #3077796 Listed on: 03/22/2023

Douglas Elliman

Co-Listed By

Dario Stoka

Douglas Elliman Brokerage Email: giorgio.vecchi@elliman.com License #3128648

Last Buyer's Agent

Jorge Catoggio

Partnership Realty Inc. License #3042679

Partnership Realty Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,003

Year Built

  • Built in 2019 | New Construction

HOA Fees

  • $2,517 Monthly HOA Fees

Parking

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

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

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

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Closet Cabinetry
  • Shower Only

Home Security

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Outdoor Grill
  • Ocean Front
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0330

Community Details

Overview

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

Amenities

  • Valet Parking
  • Sauna
  • Billiard Room
  • Business Center
  • Community Library
  • Elevator
  • Secure Lobby
  • Bike Room

Recreation

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,003

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$2,517 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: DEOM01
  • Co List Office Phone: 305-695-6300
  • Entry Level: 8
  • 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: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: giorgio.vecchi@elliman.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1018
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower

Exterior Features

  • View: Garden View, Intracoastal View, Ocean View
  • Exterior Features: East Of Us1, Barbeque
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Eighty Seven Park
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 2517
  • Amenities: Bike Storage, Billiard Room, Business Center, Elevator(s), Exercise Room, Heated Pool, Library, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-02-165-0330
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 22003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Sep 6, 2024
Sold by
803 Park Condo Llc
Bought by
2301 Millecento Investments Corp
Seller's Agent
Giorgio Vecchi
Douglas Elliman
Buyer's Agent
Jorge Catoggio
Partnership Realty Inc.
List Price
$1,895,000
Sold Price
$1,750,000
Premium/Discount to List
-$145,000
-7.65%
Views
235
Current Estimated Value
$1,834,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,477
Avg. Annual Appreciation
6.99%
Original Mortgage
$1,000,000
Outstanding Balance
$992,366
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$879,896

Purchase Details

Closed on
Dec 2, 2019
Sold by
8701 Collins Development Llc
Bought by
803 Park Condo 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
2301 Millecento Investments Corp $1,750,000 None Listed On Document
803 Park Condo Llc $1,600,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2301 Millecento Investments Corp $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2024 08/19/24 Sold $1,750,000 0.0% $1,719 / Sq Ft
07/08/2024 07/08/24 Off Market $1,750,000 -- --
07/01/2024 07/01/24 For Sale $1,895,000 +8.3% $1,861 / Sq Ft
06/30/2024 06/30/24 Off Market $1,750,000 -- --
01/03/2024 01/03/24 Price Changed $1,895,000 +1.1% $1,861 / Sq Ft
07/18/2023 07/18/23 Price Changed $1,875,000 -3.8% $1,842 / Sq Ft
03/22/2023 03/22/23 For Sale $1,950,000 0.0% $1,916 / Sq Ft
07/01/2020 07/01/20 Rented $7,000 -22.2% --
03/23/2020 03/23/20 For Rent $9,000 -- --
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 $26,156 $1,325,975 -- --
2024 $25,292 $1,370,543 -- --
2023 $25,292 $1,245,949 $0 $0
2022 $22,684 $1,132,681 $0 $0
2021 $22,393 $1,159,780 $0 $0
2020 $21,799 $1,126,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11360193

MIAMI REALTORS® MLS

APN: 02-3202-165-0330