NOT LISTED FOR SALE

Estimated Value: $2,318,000

6 Beds
6.5 Baths
6,380 Sq Ft
$21,095/mo HOA Fee

Last Sold January 24, 2025

Last sale price $29,000,000 $4,545 Per Sq Ft

Current estimated payment $36,350/month

64 Days on Market

Highlights

  • Doorman
  • 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 January 2025

Step Inside With Me!

Last Listed By

Dina Goldentayer

Douglas Elliman License #3116846 Listed on: 10/16/2024

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $256,973

Year Built

  • Built in 2020

HOA Fees

  • $21,095 Monthly HOA Fees

Parking

  • 7 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Penthouse

Interior Spaces

  • 6,380 Sq Ft Home
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Ocean Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-32-02-165-0280

Community Details

Overview

  • High-Rise Condominium
  • Eighty Seven Park Condos
  • 8701 Collins Ave Condo Subdivision
  • 18-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Business Center
  • Community Library
  • Bar or Lounge
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Secure Elevator
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$256,973

Year Built

Built in 2020

Lot Details

0

HOA Fees

$21,095 per month

Parking

7

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Entry Level: 17
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 8701 COLLINS AVE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors, Elevator, Entrance Foyer, Walk-In Closet(s), Family Room, Great Room, Media Room, Utility Room/Laundry
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Wood
  • Furnished: Furnished, Unfurnished
  • Living Area: 6380
  • Possible Use: Unknown/Withheld
  • Stories: 18
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Great Room, Media Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Direct Ocean, Skyline
  • Exterior Features: Barbeque, Open Balcony
  • Patio And Porch Features: Open Balcony, Wrap Around
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: EIGHTY SEVEN PARK
  • Covered Parking Spaces: 7
  • Garage Spaces: 7
  • Parking Features: 2 Or More Spaces, Assigned, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Doorman, Elevator Secure, Guard At Site

Condo/Co-op/Association

  • Association Fee: 21095
  • Amenities: Bar, Business Center, Elevator(s), Exercise Room, Library, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-02-165-0280
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 256973

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2020
Sold by
8701 Collins Development Llc
Bought by
Johnson Charles H and Florida Land Trust
Total Days on Market
64
Current Estimated Value
$2,318,000

Range of Values:

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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
Johnson Charles H $18,230,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $29,000,000 -27.5% $4,545 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $40,000,000 -- $6,270 / 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
2024 $256,973 $14,049,190 -- --
2023 $256,973 $13,639,991 $0 $0
2022 $313,272 $16,714,100 $0 $0
2021 $248,244 $12,857,000 $0 $0
2020 $139,718 $7,217,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11676573

MIAMI REALTORS® MLS

APN: 02-3202-165-0280