Home » Miami Beach » Eighty Seven Park at 8701 Collins Ave Miami Beach » 8701 Collins Ave PH 1702, Miami Beach, FL 33154 | A11676573

For Sale 8701 Collins Ave PH 1702, Miami Beach, FL 33154

$40,000,000

Property Highlights

Listing ID A11676573 Status of this Listing: Active For Sale Property Type Residential Condominium 6 Bedrooms 7 Bathrooms Total 6 Full Bath 1 Half Bath Living Space 6,380 Sqft/592.72 m2 approx. Building Area 9,667 Sqft/898.09 m2 approx. COMMUNITY POOL Year Built 2020 Waterfront Has view of the Ocean Time of this property on Rebonus 51 Day(s)

8701 Collins Ave PH 1702, Miami Beach, FL 33154

Property Description: Step Inside With Me! An architectural triumph by a Pritzker Prize firm, Eighty Seven Park floats above 35 acres of greenery. Designed by RDAI, with Hermes furnishings throughout, this iconic Penthouse’s curved gallery walls, picturesque windows, and European oak floors transcend the South facing salon capturing all of Miami Beach’s coveted angles: ocean, park and skyline. A gourmet kitchen features a Macaubas stone island, Wolf & SubZero appliances, and white oak cabinetry. The trophy primary suite offers custom paneled walls, an oceanfront sitting/office lounge, Rimadesio wardrobe, and natural stone bath + Zucchetti fixtures. The 3300SF moon-shaped terrace is an essential experience complete with outdoor grill. PH2 is an RDAI collectible personal residence, one of a handful in the world.

Useful Info

Original List Price:$40,000,000

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
  • Penthouse
Entry Level (floor):17
Entry Level Location:17
Construction Materials:
  • Block
Flooring:
  • Wood
Number of stories:18

Property Features

View from the Property:
  • Ocean
  • City
Waterfront:Yes
Waterfront Features:
  • Ocean Front
Swimming Pool Features:
  • Association
Security:
  • Door Man
  • Security Guard
  • Elevator Secured
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Electric Range
Interior Features:
  • Eat-in Kitchen
  • Breakfast Area
  • Dining Area
  • Separate/formal Dining Room
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Entrance Foyer
  • Built-in Features
  • Bar
  • Custom Mirrors
  • Elevator
  • Sitting Area In Primary
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Barbecue
  • Balcony
  • Porch
Patio and Porch Features:
  • Balcony
  • Open
  • Wrap Around
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$256,973

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2023
Association Fee:$21,095
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects Homestead Exemption

Terms

Listing Terms Considered by Seller:
  • Cash
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Library
  • Pool
  • Sauna
  • Spa/hot Tub
  • Elevator(s)
  • Fitness Center
Subdivision Name:8701 COLLINS AVE CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
  • Common Areas
  • Association Management
  • Amenities
Complex Name:EIGHTY SEVEN PARK
Senior Community:No
Restrictions: Other Restrictions

Parking

Garage:Yes
Garage Spaces:7
Covered Spaces:7
Attached Garage:Yes
Parking Features:
  • Garage
  • Two Or More Spaces
  • Attached
  • Assigned
  • Valet

More Details

Other Information:
Unit ViewDirect Ocean,Skyline View
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise,Penthouse
Type of AssociationCondo
Minimum Number of Days for Lease180
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects Homestead Exemption
Number of times allowed to lease per year2
Flood ZoneX
Homeowner's Association Application Fee0
Rooms DescriptionFamily Room,Great Room,Media Room,Utility Room/Laundry
StyleCondo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code2
Ref1090168083
Subdivision Number165
Water Access Description:Other

Zoning and Legal

Tax Legal Description:8701 COLLINS AVE CONDO UNIT 1702 UNDIV 3.9578% INT IN COMMON ELEMENTS OFF REC 31691-1664
Real Estate Folio Number (Parcel Number):02-32-02-165-0280
Public Survey Township:2
Public Survey Range:32
Public Survey Section:2

Listing History

Update/EventDate/Days
Published Date:October 16, 2024 2:29 pm
On Market Date:October 16, 2024
Price Change Date Time:October 15, 2024 1:04 pm
Last Important Update Description:New Listing
Date and Time of Last Important Update:October 16, 2024 2:29 pm
Status Last Changed:October 16, 2024 2:29 pm
Photos Last Modified:October 18, 2024 9:23 pm
Last Modified:December 3, 2024 8:35 pm
Days on the Market Reference Date:December 3, 2024
Days on the Market (updated on Last Modified*):48
Cumulative Days on the Market (updated on Last Modified**):48

Additional Information

Unit Location:High Rise,Penthouse
Number of Photos:77
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:Douglas Elliman
Universal Property Id:US-12025-N-0232021650280-R-N

Location

Show Property Address:Yes
Street Name:Collins Ave
Street Number:8701
Street Address:8701 Collins Ave PH 1702
Unit Number:PH 1702
City : Miami Beach
State : Florida
Zip Code : 33154
County : Miami-Dade
Full Address:8701 Collins Ave PH 1702, Miami Beach, FL 33154
Latitude:N25° 52' 19.9''
Longitude:W81° 52' 43.6''

Neighborhood

Postal City:Miami Beach

Property Map

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