NOT LISTED FOR SALE

Estimated Value: $3,881,000 - $4,258,025

2 Beds
2.5 Baths
1,522 Sq Ft
2019 Built

Sale Details

Date Sold: July 21, 2025

Last sale price $4,100,000 $2,694 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $32,845 / mo

24 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Fitness Center
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Bar or Lounge
  • 2-minute walk to Veterans Park and Tennis Center

About This Home

As of July 2025

Experience oceanfront luxury at its finest in this upgraded residence at the iconic Eighty Seven Park by Renzo Piano. Located on the 9th floor, Unit 905 features expansive glass walls, an open-concept layout, and a private terrace with panoramic views of the Atlantic Ocean, the Miami skyline to the west, and breathtaking sunsets. Recent upgrades elevate the interiors, blending elegance with comfort. This exclusive building offers 5-star amenities including a spa, wine bar, concierge, beach and restaurant service, and more. Nestled in peaceful Surfside, steps from Bal Harbour Shops and world-class dining, this is a rare opportunity to own in one of Miami’s most celebrated architectural landmarks.

Last Agent to Sell the Property

Carolina Arenas

Compass Florida, LLC License #3382850 Listed on: 05/30/2025

Compass Florida, LLC

Last Buyer's Agent

Salesperson Non Member

Non-MLS Member License #SEF

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $56,786

Year Built

  • Built in 2019

Lot Details

  • Ocean Front
  • Property fronts an intracoastal waterway
  • North Facing Home

HOA Fees

  • $5,608 Monthly HOA Fees

Parking

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

Property Views

Home Design

  • Split Level Home
  • Entry on the 9th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,522 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Grill

Schools

  • Ruth K. Broad Bay Harbor K-8 Elementary School
  • Nautilus Middle School
  • Miami Beach High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0500

Community Details

Overview

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

Amenities

  • Valet Parking
  • Clubhouse
  • Business Center
  • Bar or Lounge
  • Secure Lobby
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$56,786

Year Built

Built in 2019

Lot Details

0 Sq Ft Lot

HOA Fees

$5,608 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: Split Level
  • Entry Level: 9
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Master Model: Eighty Seven Park
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Co-Op 5+ Stories, Condo
  • Subdivision Name: 8701 COLLINS AVE CONDO,Eighty Seven Park
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Entrance Foyer, Other, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 1522
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Intracoastal View, Ocean View, Skyline
  • Exterior Features: East Of Us1, Other, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, 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, Covered, Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee: 5608
  • Amenities: Bar, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Other, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Ruth K. Broad Bay Harbor K-8
  • High School: Miami Beach
  • Middle Or Junior School: Nautilus

Lot Info

  • Parcel Number: 02-32-02-165-0500

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 56786

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 30, 2025
Closed on
Jul 18, 2025
Sold by
Bought by
Seller's Agent
Carolina Arenas
Compass Florida, LLC
Buyer's Agent
Salesperson Non Member
Non-MLS Member
List Price
$4,200,000
Sold Price
$4,100,000
Premium/Discount to List
-$100,000
-2.38%
Views
9
Current Estimated Value
$4,139,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,256
Avg. Annual Appreciation
0.95%

Purchase Details

Listed on
Jul 6, 2022
Closed on
Jul 26, 2023
Sold by
Bought by
Seller's Agent
Liz Hogan
Compass Florida, LLC
Buyer's Agent
Carolina Arenas
Compass Florida, LLC
List Price
$4,250,000
Sold Price
$3,500,000
Premium/Discount to List
-$750,000
-17.65%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.32%
Original Mortgage
$2,250,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2020
Closed on
Feb 22, 2021
Sold by
Bought by
Seller's Agent
Diana Garchitorena
Douglas Elliman
Buyer's Agent
Pablo Alfaro
Douglas Elliman
List Price
$3,499,000
Sold Price
$2,950,000
Premium/Discount to List
-$549,000
-15.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%

Purchase Details

Closed on
Sep 3, 2020
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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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
$4,100,000 None Listed On Document
$3,500,000 None Listed On Document
$2,950,000 Attorney
$2,880,000 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
Previous Owner $2,250,000
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 Prior Sale
07/21/2025 07/21/25 Sold $4,100,000 -3.5% $2,694 / Sq Ft
06/23/2025 06/23/25 Pending -- -- --
05/30/2025 05/30/25 Price Changed $4,250,000 +1.2% $2,792 / Sq Ft
05/30/2025 05/30/25 For Sale $4,200,000 +20.0% $2,760 / Sq Ft
07/31/2023 07/31/23 Sold $3,500,000 -6.7% $2,300 / Sq Ft View Prior Sale
04/13/2023 04/13/23 Pending -- -- --
01/22/2023 01/22/23 Price Changed $3,750,000 -2.6% $2,464 / Sq Ft
12/10/2022 12/10/22 Price Changed $3,850,000 -3.6% $2,530 / Sq Ft
11/05/2022 11/05/22 Price Changed $3,995,000 -1.4% $2,625 / Sq Ft
10/14/2022 10/14/22 Price Changed $4,050,000 -4.7% $2,661 / Sq Ft
07/06/2022 07/06/22 For Sale $4,250,000 +44.1% $2,792 / Sq Ft
02/23/2021 02/23/21 Sold $2,950,000 +10627.3% $1,938 / Sq Ft View Prior Sale
02/08/2021 02/08/21 Pending -- -- --
01/03/2021 01/03/21 Rented $27,500 -21.4% --
11/30/2020 11/30/20 Price Changed $35,000 0.0% $23 / Sq Ft
11/23/2020 11/23/20 For Sale $3,499,000 0.0% $2,299 / Sq Ft
11/20/2020 11/20/20 For Rent $25,000 -- --
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 $56,194 $3,147,840
2024 $51,743 $2,990,448
2023 $51,743 $2,513,194 $0 $0
2022 $47,698 $2,538,580 $0 $0
2021 $40,508 $2,098,000 $0 $0
2020 $40,616 $2,098,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11810564

MIAMI REALTORS® MLS

APN: 02-3202-165-0500

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