Miami Art Week 2026Upcoming
0 exhibitions within 1 mile
Art Week Score 12 · #6 in Bal Harbour & Surfside
#6 in Bal Harbour & Surfside · #406 in Miami
Nearest: Beatriz Monteavaro: Marseille Drive, 1.0 mi away
Own Bal Harbour & Surfside · Surfside
The Ocean Wave
8877 Collins Ave · Built 1981 · 12 floors · 111 residences
For sale
4
0 pending · 24.0 mo supply
Median asking
$944K
from $625K
Median $/sqft
$578/sqft
$430/sqft sold, 12 mo
Days on market
36
81 to sell · 2 in 12 mo
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.
Live near more of Miami
What surrounds The Ocean Wave: seasonal events, annual programs and lifestyle indexes, measured from the building.
Flanigan's IndexLive now64 / 100
Nearest Flanigan's: Flanigan's Seafood Bar and Grill (Surfside), 0.8 mi
#79 in Bal Harbour & Surfside · #117 in Miami
A brisk walk or a lazy scooter ride. Both respectable.
1 Flanigan's locations nearby
Publix IndexLive now
49 / 100
Nearest Publix: Publix at Publix at Surfside, 0.7 mi
#50 in Bal Harbour & Surfside · #449 in Miami
A brisk walk or a lazy scooter ride. Both respectable.
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 The Ocean Wave from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.
Value54
$578/sqft — vs. Bal Harbour & Surfside condos, then all of Miami
Momentum50
Recent price trend
Liquidity40
24.0 months of supply · 36 days on market
Health89
Public records checked — no liens, lawsuits or complaints on file
Waterfront90
Waterfront building
Age24
Built 1981 — vs. Bal Harbour & Surfside buildings
own.miami Condo Index
85At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#471 of 698 tracked Miami condos
Top 67% by price per sq ft
#60 of 76 in Bal Harbour & Surfside
Momentum
→ Steady
$578/sqft median ask
Liquidity
Balanced
Want the inside track on The Ocean Wave?
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Inventory
$897,000$568/sqft
2 bd · 2 ba · 1,579 sqft
8877 Collins Ave #704
Listing courtesy of Beachfront Realty Inc, Ekaterina Lavander (Lic. #3497828) · 786-440-0706 · MLS #A12074991
$1,100,000$658/sqft
2 bd · 2 ba · 1,672 sqft
8877 Collins Ave #PH-2
Listing courtesy of Beachfront Realty Inc, Nicole Bouhadana (Lic. #3020848) · MLS #A12054090
$990,000$588/sqft
2 bd · 2 ba · 1,683 sqft
8877 Collins Ave #507
Listing courtesy of Finka Realty Group, LLC, Carina Lancewicki (Lic. #3156763) · MLS #A12039231
$625,000$521/sqft
2 bd · 2 ba · 1,200 sqft
8877 Collins Ave #805
Listing courtesy of Miami Waterfront Realty, Richard Feldman (Lic. #3249105) · MLS #A11932542
Sold $/sqft trend
3-month rolling median of closed sales in The Ocean Wave; bars are closings per month.
Location
Nearby buildings within half a mile.
Building facts
- Address
- 8877 Collins Ave
- Year built
- 1981
- Floors
- 12
- Residences
- 111
- Developer
- Champlain Towers N Assoc
- Waterfront
- Yes
Amenities
- · 24-hour security
- · Valet
- · Fitness center
- · Social hall
- · Swimming pool
- · Jacuzzi
- · Sauna/steam rooms
- · Bbq area
- · Beach access
- · Jogging/biking trail
Building rules
- Parking
- The building offers valet parking and covered assigned parking spaces.
Special assessments & recertification outlook
ElevatedPublic records checked Oct 28, 2026 (Miami-Dade Clerk, civil docket, Florida DBPR).
- Built 1981 — a recurring structural milestone inspection is due around 2026
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.
Financeability
What the banks say about The Ocean Wave: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
- Mortgages recorded, 12 months
- 3
- 2 from banks and credit unions · purchases and refinances
- Sales bank-financed
- —
- 2 recorded sales, 12 months · Resales only
- Average down payment
- —
- Lowest down payment accepted
- —
Loan programmes, 24 months:Conventional 2Private lenders 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
- 11.2 ft
- Lowest nearby street
- 9.4 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 8.4 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
- 0
- Open DBPR complaints
- 0
No civil cases involving the association were found on the Miami-Dade docket in the last five years.
DBPR registration PR1S008862 · 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 The Ocean Wave cost?+
There are 4 condos for sale at The Ocean Wave, from $625,000, with a median asking price of $943,500 ($578/sqft).
How much are the HOA fees at The Ocean Wave?+
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.
Is The Ocean Wave a waterfront building?+
Yes — The Ocean Wave is a waterfront building (Bal Harbour & Surfside).
When was The Ocean Wave built?+
The Ocean Wave was built in 1981, 12 stories, 111 residences.
Who developed The Ocean Wave?+
The Ocean Wave was developed by Champlain Towers N Assoc.
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