8701 Collins Ave · Miami Beach, FL 33154

Eighty Seven Park

18-story tower, completed 2019, 66 residences in Miami Beach. 6 for sale and 1 for rent on Nov 2, 2026.

Tell me your unit and I'll prepare its value myself, from Eighty Seven Park's closed sales and what is listed now. Then we talk it through.

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When a unit at Eighty Seven Park lists or sells, I'll let you know. I send these myself, not a robot.

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At a glance Eighty Seven Park (8701 Collins Ave, Miami Beach) is an 18-story, 66-unit building completed in 2019. As of Nov 2, 2026, 6 units are for sale and 1 is for rent; the median closed price was $3,043 per square foot over 4 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

6 photos from my condo archive

For sale
6
For rent
1
Median $/SF
$3,0434 sales · 12 mo
Sold
4last 12 months
Built
2019
Floors
18
Residences
66county
Flood zone
AEFEMA
Owner-occupied
38%
Avg. unit
2,244sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

Eighty Seven Park, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

40 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 6
  • Sold or leased, last 12 months 8
  • Seen in the MLS before that 26
  • No MLS record seen 42
0102030405061731510501020304050617315105Floor 18: no unit seen in the MLSFloor 18: no unit seen in the MLSFloors 1 to 2: no unit seen in the MLSFloors 1 to 2: no unit seen in the MLS

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen40of 66 residences on record
Floors with units13floors 3 to 17
Lines6stacks of units, by number

Closed $/SF figures use the 8 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

The largest typical unit is line 02, a median 2,373 sf over 4 units seen, recorded with 3 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 0192,327 sf311 sale, too few
Line 0242,373 sf3–2 sales, too few
Line 038893 sf112 sales, too few
Line 0451,526 sf22–
Line 0581,522 sf212 sales, too few
Line 0661,669 sf211 sale, too few

1 unit in the record sit outside this grid (1102/1106): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Eighty Seven Park.

Activity as of Nov 2, 2026
  • Resale +64%. The median closed price moved from $1,861/SF in 2019 (3 sales) to $3,043/SF in 2026 (4 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 5.7%. A year of rent at the median $14.41/SF/mo (6 leases) against the median $3,043/SF sale (4 sales), both over 12 months, before HOA, taxes and vacancy.
  • Asks run -4% against closings. Sellers ask a median $2,912/SF (6 listings) against $3,043/SF closed (4 sales, 12 months). Asks are priced close to what actually closes here.
  • Sells in a median 165 days. Days on market across the 4 sales closed in the last 12 months.

Where it ranks citywide, condo buildings in 17 Miami neighborhoods

  • #90 of 584 · highest sales turnover12.1% of units sold in 24 months · n 8 · Oct 2024 to Sep 2026

See the full rankings · How rankings are made

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

The numbers at Eighty Seven Park.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$1,522$3,043$1,8612019$1,7272020$2,3122021$2,7502022$2,3002023$1,8662024$2,6942025$3,0432026$1,522$3,043$1,861'19'20$2,312'21'22$2,300'23'24'25$3,043'26
Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)4$3,0434$20,000/mo
20253$2,6947$20,000/mo
20244$1,8661$22,500/mo*
20236$2,3004$23,000/mo
202211$2,7503$18,000/mo
202111$2,3126$25,000/mo
20205$1,7278$14,750/mo
20193$1,861––

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Own here? See how the building moved since you bought.

Median closed $/SF in 2019: $1,861 (3 sales). In the last 12 months: $3,043 (4 sales). Change: +64%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 47 sales · 33 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 8

UnitBDBASFAskedClosed$/SFClose dateDOM
110311.5851$1,940,000$1,800,000$2,115Sep 11, 202651
90233.52,467$12,995,000$11,500,000$4,662Apr 6, 202690
160143.53,525$15,500,000$14,000,000$3,972Mar 31, 2026369
80522.51,522$3,500,000$3,200,000$2,102Mar 4, 2026239
90522.51,522$4,250,000$4,100,000$2,694Jul 21, 202518
30622.51,602$3,000,000$2,850,000$1,779May 14, 2025193
PH 170266.56,380$40,000,000$29,000,000$4,545Jan 24, 202564
40311.5851$1,595,000$1,350,000$1,586Dec 4, 2024396

Leases signed Nov 2, 2025 to Nov 2, 2026 · 6

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
30422.51,457$23,000/mo$25,000/mo$17.16Sep 1, 202691
40422.51,594$20,000/mo$20,000/mo$12.55Aug 15, 202654
60522.51,522$25,000/mo$20,000/mo$13.14Aug 11, 202662
60422.51,457$23,000/mo$20,000/mo$13.73Jul 31, 202686
60422.51,457$24,000/mo$22,000/mo$15.10Dec 26, 2025155
80422.51,457$27,500/mo$25,000/mo$17.16Dec 17, 202588

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Eighty Seven Park.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

Rules · verified

What Eighty Seven Park allows

Short-term / Airbnb
Not allowed
Minimum lease
6 months
Leases per year
2
4 more
Pets
Yes (Owners & Tenants)
Pool hours
Sunrise to Sunset
Gym hours
24/7
EV charging
Available

Rules change: I confirm the current bylaws and application requirements before you write an offer or sign a lease.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 8 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Due 2049

Due by statute by December 31, 2049, 30 years after 2019, then every 10 years.

What the deadline means
  • Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2044.
  • Based on year built 2019 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Eighty Seven Park

5 more nearby

Compare with the two nearest →Every Miami Beach building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Eighty Seven Park's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Eighty Seven Park lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group