Own Mid-Beach & North Beach · North Beach

Eighty Seven Park

8701 Collins Ave · Built 2019 · 18 floors · 66 residences

6 for sale
For sale
6
0 pending · 18.0 mo supply
Median asking
$4.67M
from $1.82M
Median $/sqft
$2,912/sqft
$3,043/sqft sold, 12 mo
Days on market
38
165 to sell · 4 in 12 mo
Eighty Seven Park
Miami-Dade Fire Rescue Department. The original uploader was TheEpicGhosty at English Wikipedia. · Public domain · Wikimedia Commons

Designed by Pritzker Prize-winning architect Renzo Piano, Eighty Seven Park is an oceanfront residence offering a blend of coastal serenity and architectural distinction. The building is situated between a 35-acre oceanfront park to the south and a private 2-acre botanical garden to the north, providing residents with expansive views of the Atlantic Ocean, the park, and the Miami skyline.

The property offers a suite of resort-inspired amenities, including two resort-style pools, a full-service spa with a hammam, and a state-of-the-art fitness center. Residents have access to a wine bar (Enoteca and Fugo Bar), a private botanical garden, and full-service beach and poolside amenities. The building provides high-level service, including concierge, butler, and valet services, in a boutique setting of 65 units.

Live near more of Miami

What surrounds Eighty Seven Park: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Mid-Beach & North Beach is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Miami Beach BoardwalkFaena DistrictFontainebleauNorth Shore Open Space ParkNormandy Isle ParkLa Gorce Country ClubCollins Avenue
53
/ 100
B−
own.miami Score

A data-grounded score for Eighty Seven Park from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value5
$2,912/sqft — vs. Mid-Beach & North Beach condos, then all of Miami
Momentum1
-46.7% $/sqft over 6 months
Liquidity47
18.0 months of supply · 38 days on market
Health100
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age88
Built 2019 — vs. Mid-Beach & North Beach buildings
own.miami Condo Index
306Premium100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#17 of 698 tracked Miami condos
Top 2% by price per sq ft
#1 of 85 in Mid-Beach & North Beach
Momentum
↓ Cooling
$2,912/sqft median ask
Liquidity
Warm
See the full Condo Index →
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Inventory

Sold $/sqft trend

3-month rolling median of closed sales in Eighty Seven Park; bars are closings per month.

$983$3190$5397Nov 2023Aug 2024Mar 2025Dec 2025Jun 2026

Location

Nearby buildings within half a mile.

Building facts

Address
8701 Collins Ave
Year built
2019
Floors
18
Residences
66
Developer
Terra
Waterfront
Yes
Developed by
Terra
73
A− · Developer Score
  • Ranks #13 of 13 scored Terra buildings
  • Asking $2,912/sqft here vs $2,005/sqft across the developer's portfolio
  • 84% of the developer's portfolio has no adverse verified record
  • All 17 buildings by this developer

Amenities

  • · Pool
  • · Spa
  • · Fitness center
  • · Butler service
  • · Wine bar
  • · Beach access
  • · Botanical garden
  • · Valet
  • · Security
  • · Sauna

Building rules

Parking
valet

Special assessments & recertification outlook

Clear

Public records checked Oct 29, 2026: no liens, lawsuits or regulatory complaints found for the association.

  • Built 2019 — its first 25-year structural milestone inspection is due around 2044

Estimated from Eighty Seven Park’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.

Financeability

What the banks say about Eighty Seven Park: recorded purchase mortgages, the down payments they accepted, and the programmes in use.

26Mostly cash
Mortgages recorded, 12 months
4
4 from banks and credit unions · purchases and refinances
Sales bank-financed
20%
5 recorded sales, 12 months · Resales only
Average down payment
—
Lowest down payment accepted
—
Loan programmes, 24 months:Conventional 3Other 1

Medium confidence · As of 2026-10-31

Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Mid-Beach & North Beach

Flooding and storm surge

Public flood data at this building’s location, read Oct 22, 2026.

FEMA flood zone
Zone X: minimal-risk area on FEMA’s map.
Hurricane evacuation zone
Zone B
Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
Ground at the building
9.3 ft
Lowest nearby street
6.5 ft
Highest predicted tide, 2026
1.0 ft

Elevations in feet above the NAVD88 datum.

The lowest street next to this building sits 5.5 ft above this year’s highest predicted tide (Oct 27, 2026).

Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.

How we measure thisCompare neighborhoods

Frequently asked

How much do condos at Eighty Seven Park cost?+

There are 6 condos for sale at Eighty Seven Park, from $1,820,000, with a median asking price of $4,675,000 ($2,912/sqft).

How much are the HOA fees at Eighty Seven Park?+

HOA / maintenance fees at Eighty Seven Park run around $5,489 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.

Is Eighty Seven Park a waterfront building?+

Yes — Eighty Seven Park is a waterfront building (Mid-Beach & North Beach).

When was Eighty Seven Park built?+

Eighty Seven Park was built in 2019, 18 stories, 66 residences.

Who developed Eighty Seven Park?+

Eighty Seven Park was developed by Terra. Terra's own.miami Developer Score is A− across 17 buildings.

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