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$5,750,000

8701 Collins Ave #904, Miami Beach, FL 33154

Bedrooms
2
Baths
3
Living area
1,594 ft²
Price per ft²
$3,607 / ft²
Type
Condo
Year built
2019
HOA
$5,368 / mo HOA
On market
180 days on market
MLS #
A12008903

Residence 904 at Eighty Seven Park presents a refined oceanfront living experience with 2 bedrooms and 2.5 bathrooms, thoughtfully designed with an open-concept layout and floor-to-ceiling glass that fills the home with natural light. A private elevator entry opens to expansive interiors flowing seamlessly to a generous terrace with stunning ocean views and a backdrop of the downtown skyline. The chef’s kitchen is anchored by a large island, ideal for both everyday living and entertaining. The primary suite features a spa-inspired bath with soaking tub, separate glass-enclosed shower, and dual vanities. Set within Renzo Piano’s iconic Eighty Seven Park, residents enjoy a five-star lifestyle with a full-service spa, two resort-style pools, private beach service, on-site dining, state-of-the-art fitness center, concierge, and housekeeping services, all curated for effortless luxury living.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $3,607. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 495% above the median.
  • Position in the area’s price distributionThe asking price is $5,750,000; the median of recorded sales in the area is $590,000 (2,281 sales). On raw price that is 875% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $5,368 per month comes to $64,416 a year — 1.1% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33139, 33140, 33141 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$1,725,000
Term

7.32% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 22, 2026.

Estimated monthly payment$27,649
Loan amount
$4,025,000
Total interest over the term
$5,928,625
Total repaid
$9,953,625

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Douglas Elliman

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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