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$4,850,000

8701 Collins Ave #606, Miami Beach, FL 33154

Bedrooms
2
Baths
3
Living area
1,773 ft²
Price per ft²
$2,735 / ft²
Type
Condo
Year built
2019
HOA
$5,903 / mo HOA
On market
7 days on market
MLS #
A12108905

Suspended in light: masterpiece living at Eighty Seven Park by Pritzker Prize-winning Renzo Piano Building Workshop. Residence 606 offers 2 bedrooms, 2.5 baths and 1,602 SF where the Atlantic Ocean meets a lush private park. Floor-to-ceiling glass in custom sunken frames opens to panoramic ocean, skyline and treetop views. Custom Molteni Dada kitchen with tailored Italian cabinetry, premium natural stone and integrated Gaggenau appliances. Interiors by Paris-based RDAI, designers for Hermes worldwide: wide-plank European oak floors, custom millwork and Zucchetti fixtures. Split-bedroom layout with custom walk-in closets and en-suite spa bath. A vertical villa above botanical grounds by West 8, with 2 oceanfront infinity pools framed by sun cabanas, a full-service beach club with private sand lounges, umbrella and towel service, a resident-only 1-acre gated oceanfront park, state-of-the-art fitness center, spa with hamam, steam room and treatment rooms, 24-hour concierge, doorman, valet and private wine cellars/tasting rooms. Nature, ocean breeze and architectural brilliance in harmony.

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 $2,735. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 351% above the median.
  • Position in the area’s price distributionThe asking price is $4,850,000; the median of recorded sales in the area is $590,000 (2,281 sales). On raw price that is 722% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $5,903 per month comes to $70,836 a year — 1.5% 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%$1,455,000
Term

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

Estimated monthly payment$23,321
Loan amount
$3,395,000
Total interest over the term
$5,000,666
Total repaid
$8,395,666

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

Compass Florida, LLC

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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