NOT LISTED FOR SALE

Ocean 88 8855 Collins Ave Unit 11E Surfside, FL 33154

Estimated Value: $582,917 - $665,000

2 Beds
1.5 Baths
1,150 Sq Ft
$1,086/mo HOA Fee

Last Sold December 06, 2023

Last sale price $575,000 $500 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,014/month

84 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Intracoastal View
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Fitness Center
  • 4-minute walk to Veterans Park and Tennis Center

About This Home

As of December 2023

Looking for a RARE opportunity to experience luxurious waterfront living in one of Miami’s most prestigious neighborhoods? This residence at OCEAN 88 has been completely remodeled into a spacious 1 bedroom +den and 1.5 baths offers unforgettable water & city views. Redesigned to optimize space, the new layout ensures every room is filled with natural light via floor-to-ceiling windows. The open kitchen boasts stone countertops with custom cabinetry & full suite of appliances, along with an island great for entertaining.The main bath offers an updated rain shower & stone to nourish wellbeing. The sunlit balcony offers unbeatable views for an ideal place to retire each day. Unit is steps from Bal Harbor Shops, restaurants, & supermarkets. Amenities: valet, concierge, pool, gym, sauna/steam.

Last Agent to Sell the Property

Maricela Maury

The Corcoran Group License #3104751 Listed on: 09/12/2023

The Corcoran Group

Last Buyer's Agent

Maricela Maury

The Corcoran Group License #3104751 Listed on: 09/12/2023

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,133

Year Built

  • Built in 1994

Lot Details

  • Ocean Front

HOA Fees

  • $1,086 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

Home Design

  • Entry on the 11th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,150 Sq Ft Home
  • Built-In Features
  • Blinds
  • Family or Dining Combination
  • Den

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Flooring

  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property has ocean access
  • Balcony

Schools

  • Miami Beach High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 14-22-35-029-0540

Community Details

Overview

  • 99 Units
  • Mid-Rise Condominium
  • Ocean 88 Condo
  • Ocean 88 Condo Subdivision
  • 12-Story Property

Amenities

  • Valet Parking
  • Billiard Room
  • Community Center
  • Party Room
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Tennis Courts

Pet Policy

  • Dogs Allowed

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,133

Year Built

Built in 1994

Lot Details

0

HOA Fees

$1,086 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Ownership: Self Proprietor/Individual
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 11
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Ocean 88 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, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Den/Library/Office
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Marble
  • Furnished: Unfurnished
  • Living Area: 1150
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Investment
  • Stories: 12
  • Window Features: Blinds
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Dining Room Features: Family/Dining Combination, Snack Bar/Counter
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Bay, Intracoastal View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront Features: Ocean Access, Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Ocean 88 Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Covered, Valet, Limited # Of Vehicle

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 1086
  • Amenities: Bike Storage, Billiard Room, Community Room, Elevator(s), Exercise Room, Storage, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • High School: Miami Beach

Lot Info

  • Parcel Number: 14-22-35-029-0540
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4133

Multi Family

  • Number Of Units In Community: 99
  • Number Of Units Total: 99

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2023
Closed on
Dec 6, 2023
Sold by
Nemeth Michael David Allen and Nemeth Deborah Lou
Bought by
Cabeza Jesus Jose
Seller's Agent
Maricela Maury
The Corcoran Group
Buyer's Agent
Maricela Maury
The Corcoran Group
List Price
$585,000
Sold Price
$575,000
Premium/Discount to List
-$10,000
-1.71%
Views
212
Current Estimated Value
$621,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,729
Avg. Annual Appreciation
3.85%
Original Mortgage
$350,000
Outstanding Balance
$46,862
Interest Rate
8%
Mortgage Type
Balloon
Estimated Equity
$574,867

Purchase Details

Closed on
Oct 18, 2022
Sold by
Phillips Deborah L and Nemeth Deborah Louise
Bought by
Nemeth Deborah Louise and Nemeth Michael David

Purchase Details

Closed on
Apr 1, 2013
Sold by
Savoy Rose Heller and Feller Toby H
Bought by
Phillips Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2011
Sold by
Haber Suzanne H and Heller Savoy Rose
Bought by
Heller Savoy Rose and Feller Toby

Purchase Details

Closed on
Oct 29, 2007
Sold by
Heller Adrian
Bought by
Heller Adrian

Purchase Details

Closed on
Mar 12, 2001
Sold by
Margaret A March I
Bought by
Miller Inga

Purchase Details

Closed on
Jun 20, 2000
Sold by
Ramos Juan and Rubiera Ernersto
Bought by
March Margaret

Purchase Details

Closed on
Feb 27, 1998
Sold by
Heyenga Udo
Bought by
Ramos Juan

Purchase Details

Closed on
May 30, 1997
Sold by
Heyenga Udo and Ramos Juan
Bought by
Heyenga Udo

Purchase Details

Closed on
Sep 26, 1996
Sold by
Acevedo Leopoldo J Blasco and Blasco Darzy R
Bought by
Heyenga Udo and Ramos Juan

Purchase Details

Closed on
Nov 8, 1994
Sold by
Telant Const Inc
Bought by
Acevedo Leopoldo Blasco and Deblasco Darzy Rosales

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.78%
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

Date Buyer Sale Price Title Company
Cabeza Jesus Jose $575,000 Florida Title
Nemeth Deborah Louise -- None Listed On Document
Nemeth Deborah Louise -- None Listed On Document
Phillips Deborah L $270,000 Attorney
Heller Savoy Rose -- Attorney
Heller Adrian -- Attorney
Miller Inga $180,000 --
March Margaret $166,000 --
Ramos Juan $100 --
Heyenga Udo $100 --
Heyenga Udo $155,000 --
Acevedo Leopoldo Blasco $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabeza Jesus Jose $350,000
Previous Owner Phillips Deborah L $200,000
Previous Owner Acevedo Leopoldo Blasco $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2023 12/06/23 Sold $575,000 -1.7% $500 / Sq Ft
12/05/2023 12/05/23 Pending -- -- --
11/21/2023 11/21/23 Price Changed $585,000 0.0% $509 / Sq Ft
11/21/2023 11/21/23 For Sale $585,000 -3.3% $509 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
10/12/2023 10/12/23 Price Changed $605,000 -6.8% $526 / Sq Ft
09/12/2023 09/12/23 For Sale $649,000 -- $564 / 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 $8,035 $428,355 -- --
2024 $4,265 $428,355 -- --
2023 $4,265 $266,045 $0 $0
2022 $4,133 $258,297 $0 $0
2021 $4,109 $250,774 $0 $0
2020 $4,084 $247,312 $0 $0
2019 $3,993 $241,752 $0 $0
2018 $3,829 $237,245 $0 $0
2017 $5,470 $313,460 $0 $0
2016 $5,502 $307,013 $0 $0
2015 $5,562 $304,879 $0 $0
2014 $5,620 $302,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maricela Maury

    Seller's Agent in 2023

    Maricela Maury

    The Corcoran Group

    (305) 790-6860

    17 in this area

    31 Total Sales

    Maricela Maury
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About Ocean 88

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11450595

MIAMI REALTORS® MLS

APN: 14-2235-029-0540

Florida Miami/Dade County Surfside 33154

8855 Collins Ave Unit 11E, Surfside, FL

Not Listed for Sale

Condos

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