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$4,500,000

8701 Collins Ave #404, Miami Beach, FL 33154

Bedrooms
2
Baths
3
Living area
1,457 ft²
Price per ft²
$3,089 / ft²
Type
Condo
Year built
2019
HOA
$5,243 / mo HOA
On market
6 days on market
MLS #
A12110837

Directly on the sand beautiful split unit with views of the ocean and the park at Eighty Seven Park, Renzo Piano’s first residential project in the U.S., this 2-bedroom, 2.5-bath residence pairs views of the Atlantic and North Shore Open Space Park with a 56-foot terrace. A private elevator opens to an entry vestibule, with 10-foot ceilings, floor-to-ceiling glass and a 21-foot living and dining area. Bedrooms positioned on opposite sides of the residence provide privacy. American oak floors and Molteni cabinetry complement a kitchen with an island and Wolf and Sub-Zero appliances. The primary suite features a walk-in closet and a bath with a freestanding tub. Spanning the full width of the residence, the terrace offers an outdoor kitchen and space for dining and lounging. In-unit washer and dryer; 2 garage spaces. Amenities include 2 pools, a spa, private garden, enoteca, 24-hour concierge and butler service, plus beach service with chairs, umbrellas and towels. North Shore Open Space Park is just outside, with Surfside’s Harding Avenue shops and cafés approximately 2 minutes away by car, Bal Harbour Shops 5 minutes, Offered furnished; furniture negotiable. Currently rented until April.

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 $3,089. The median for recorded sales in the same ZIP codes is $606/ft² — putting it 410% above the median.
  • Position in the area’s price distributionThe asking price is $4,500,000; the median of recorded sales in the area is $590,000 (2,281 sales). On raw price that is 663% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $5,243 per month comes to $62,916 a year — 1.4% 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%$1,350,000
Term

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

Estimated monthly payment$21,638
Loan amount
$3,150,000
Total interest over the term
$4,639,793
Total repaid
$7,789,793

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

Alure Capital

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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