Read the full record 4 paragraphs and 16 facts, every figure from the MLS and county record
Completed in 2019, Eighty Seven Park stands 18 stories at 8701 Collins Ave in Miami Beach. The Miami-Dade Property Appraiser lists 66 residential units, averaging 2,244 SF of living area. It was developed by Terra and designed by Renzo Piano Building Workshop. Interiors are by Rena Dumas Architecture Intérieure. The condo archive records it as waterfront (ocean).
On November 2, 2026, six units were listed for sale, asking $1.8M to $7.9M (median ask $2,912/SF across 6 listings). Four sales closed between November 2, 2025 and November 2, 2026, from $1.8M to $14M, a median $3,043/SF, after a median 165 days on the market. In the 12 months before that, four sales closed at a median $2,236/SF, so the median rose 36%. The MLS holds 47 closed sales here going back to 2019; among years with three or more sales, 2026 set the high at a median $3,043/SF.
One unit was offered for rent at $30,000 a month. Six leases were signed over the same 12 months, at a median $21,000 a month (range $20,000 to $25,000).
About 38% of the residences are owner-occupied according to county records. Association rules on file: pets yes (owners & tenants); no short-term rentals; minimum lease 6 months; up to two leases a year. The association is managed by KW Property Management & Consulting. I have five of its association documents on file, including the Declaration of Condominium and the Amendments to the Declaration.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 8701 Collins Ave, Miami Beach 33154
- Neighborhood
- Miami Beach
- Developer
- Terra
- Architect
- Renzo Piano Building Workshop
- Interior design
- Rena Dumas Architecture Intérieure
- Management
- KW Property Management & Consulting
- Front desk / mgmt
- (305) 800-8787
- Year built
- 2019
- Floors
- 18
- Residences (county-verified)
- 66
- Owner-occupied
- 38% of residences
- Avg. unit size
- 2,244 sq ft
- Total living area
- 148,117 sq ft
- County condo folios
- 66
- Waterfront
- Yes / Ocean
- Recorded MLS listings
- 85