8877 Collins Ave · Built 1981 · 12 floors · 111 residences
Located in a coveted beachfront neighborhood, the Ocean Wave is an oceanfront building offering panoramic views of the ocean, city, and intracoastal waterways. The building has undergone extensive renovations and upgrades, including a redesigned lobby and hallways.
Residents have access to a variety of amenities, including a heated pool overlooking the ocean, a fitness center, a sauna and steam rooms, and a social hall. The property provides direct access to the beach and the Miami Beach boardwalk, along with a nearby picnic area on the sand.
The building is situated within walking distance of the vibrant Harding Avenue district, featuring various cafes, restaurants, and boutiques. It is also conveniently located near the Bal Harbour Shops and local amenities.
What surrounds The Ocean Wave: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive nowExcellent urban planning.
Distances are straight-line, not walking or driving.
Bal Harbour & Surfside is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
A data-grounded score for The Ocean Wave from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
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3-month rolling median of closed sales in The Ocean Wave; bars are closings per month.
Nearby buildings within half a mile.
Estimated from The Ocean Wave’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.
There are 4 condos for sale at The Ocean Wave, from $625,000, with a median asking price of $980,000 ($601/sqft).
The Ocean Wave currently has about 24.0 months of supply — a buyer-friendly pace with more negotiating room.
HOA / maintenance fees at The Ocean Wave run around $1,809 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.
Yes — The Ocean Wave is a waterfront building (Bal Harbour & Surfside).
The Ocean Wave was built in 1981, 12 stories, 111 residences.
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