Miami Art Week 2026Upcoming
1 exhibitions within 1 mile
Art Week Score 16 · #4 in Bal Harbour & Surfside
#4 in Bal Harbour & Surfside · #378 in Miami
Nearest: Beatriz Monteavaro: Marseille Drive, 1.0 mi away
Own Bal Harbour & Surfside · Surfside
Ocean 88
8855 Collins Ave · Built 1994 · 12 floors · 98 residences
For sale
3
0 pending · 12.0 mo supply
Median asking
$1.15M
from $595K
Median $/sqft
$636/sqft
$732/sqft sold, 12 mo
Days on market
58
187 to sell · 3 in 12 mo
Ocean 88 is a waterfront condominium at 8855 Collins Ave in Surfside, completed in 1994. It has 12 floors and 98 residences. The lowest street next to the building sits 7.7 ft above the highest tide predicted for 2026 at Virginia Key, and the site is in FEMA flood zone X, a minimal risk area where flood insurance is not federally required but is available. The building is in Miami-Dade hurricane evacuation zone B.
Two active tower construction sites are within 1 km, one of them within 500 m. Construction nearby can bring noise and traffic while it lasts, and new towers can change views.
The Car-Free Index here is 0, and the nearest Publix is 1150 m away in a straight line, about 0.7 miles.
On the 2025 Florida tax roll, 34% of the 98 units carry a homestead exemption and 33% are owned by a company or trust. Miami-Dade Clerk records show 4 resale deeds in the 12 months to October 21, 2026.
Live near more of Miami
What surrounds Ocean 88: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive now63 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Surfside), 0.8 mi
#83 in Bal Harbour & Surfside · #121 in Miami
Bike-basket-of-ribs distance.
1 Flanigan's locations nearby
Publix IndexLive now
47 / 100
Nearest Publix: Publix at Publix at Surfside, 0.7 mi
#60 in Bal Harbour & Surfside · #487 in Miami
Bike-basket-of-groceries distance.
1 Publix stores nearby
Distances are straight-line, not walking or driving.
Getting around
Bal Harbour & Surfside is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:
Bal Harbour ShopsSurfside BeachHaulover ParkKane ConcourseBal Harbour Beach PathSurfside Community Center
60
/ 100
B
own.miami Score
A data-grounded score for Ocean 88 from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value67
$636/sqft — vs. Bal Harbour & Surfside condos, then all of Miami
Momentum7
-20.9% $/sqft over 6 months
Liquidity53
12.0 months of supply · 58 days on market
Health87
Watch: Rental restrictions
Waterfront90
Waterfront building
Age40
Built 1994 — vs. Bal Harbour & Surfside buildings
own.miami Condo Index
103At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#328 of 698 tracked Miami condos
Top 47% by price per sq ft
#40 of 76 in Bal Harbour & Surfside
Momentum
↓ Cooling
$636/sqft median ask
Liquidity
Balanced
Want the inside track on Ocean 88?
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Inventory
$1,145,000$636/sqft
2 bd · 2 ba · 1,800 sqft
8855 Collins Ave #5B
Rental restrictionsTenant occupiedMotivated seller
Listing courtesy of London Foster Realty, Miryam Berte (Lic. #3245043) · MLS #A12072754
$1,588,999$883/sqft
2 bd · 2 ba · 1,800 sqft
8855 Collins Ave #11B
Listing courtesy of Florida Realty of Miami Corp, Melquiades Alvarez (Lic. #3169337) · MLS #A12053894
$595,000$517/sqft
1 bd · 1.5 ba · 1,150 sqft
8855 Collins Ave #6E
Listing courtesy of One Sotheby's International Realty, Sara Smith (Lic. #0153002) · MLS #A11915609
Sold $/sqft trend
3-month rolling median of closed sales in Ocean 88; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 8855 Collins Ave
- Year built
- 1994
- Floors
- 12
- Residences
- 98
- Developer
- Champlain Towers East
- Waterfront
- Yes
Amenities
- · Pool
- · Sauna
- · Steam room
- · Fitness center
- · Concierge
- · Valet
- · Game room
- · BBQ area
- · Jacuzzi
- · Beach access
- · Security
- · Party room
- · Pool table
Building rules
- Parking
- The building offers valet service and some units include assigned parking.
Special assessments & recertification outlook
ElevatedPublic records checked Oct 30, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
- Built 1994 — a recurring structural milestone inspection is due around 2029
Estimated from Ocean 88’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 Ocean 88: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 1
- 1 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 0%
- 4 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Conventional 1
Low confidence — few loans · 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 Bal Harbour & Surfside
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
- 11.3 ft
- Lowest nearby street
- 8.7 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 7.7 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.
Legal & Regulatory
No material litigation foundCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 0
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 1
- Open DBPR complaints
- 0
- Breach of fiduciary dutyClosedassociation as defendant · Filed Dec 2022
A group of individuals initiated a derivative action against the condominium association. The litigation involved a motion for preliminary approval of a settlement, which was granted by the court, followed by a motion for final approval of the derivative action settlement.
Source: Miami-Dade Clerk civil docket, summarized by own.miami
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR1S007260 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Ocean 88 cost?+
There are 3 condos for sale at Ocean 88, from $595,000, with a median asking price of $1,145,000 ($636/sqft).
How much are the HOA fees at Ocean 88?+
HOA / maintenance fees at Ocean 88 run around $2,193 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 Ocean 88 a waterfront building?+
Yes — Ocean 88 is a waterfront building (Bal Harbour & Surfside).
When was Ocean 88 built?+
Ocean 88 was built in 1994, 12 stories, 98 residences.
Who developed Ocean 88?+
Ocean 88 was developed by Champlain Towers East.
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If you like Ocean 88, compare
Carroll Walk
9751 E Bay Harbor Dr · 2003 · 12 floors
3 for salefrom $965K$531/sqft
Rimini Beach
8911 Collins Ave · 1998 · 12 floors
3 for salefrom $569K$751/sqft
Mediterranean
9008 Collins Ave · 1996 · 4 floors
2 for salefrom $499K$520/sqft
Surfside Palms
8888 Collins Ave · 2000 · 5 floors
2 for salefrom $400K$511/sqft
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