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8701 Collins Ave #603 photo 18701 Collins Ave #603 photo 28701 Collins Ave #603 photo 38701 Collins Ave #603 photo 48701 Collins Ave #603 photo 5

52 photos

8701 Collins Ave #603

Miami Beach, FL 33154

$1,820,000
1
1.5
1,018 sq ft
2019
1 car
Condominium
$3,136/mo
0
Active

Listing courtesy of Douglas Elliman (Ethan Assouline). Contact: [email protected].

About this home

Residence 603 at Eighty Seven Park offers a refined oceanfront living experience with 1 bedroom and 1.5 bathrooms, thoughtfully designed to embrace its ocean and city views. Floor-to-ceiling glass fills the interiors with natural light, creating a seamless connection between the residence and its surroundings. The open-concept living and dining areas flow effortlessly into a sleek kitchen anchored by a center island, ideal for both everyday living and entertaining. Expansive views of the ocean and Miami skyline provide a striking backdrop from sunrise to sunset. Set within Renzo Piano’s iconic Eighty Seven Park, residents enjoy a five-star lifestyle with a full-service spa, two resort-style pools, private beach service, on-site dining, state-of-the-art fitness center, concierge, and housekeeping services, all curated for effortless luxury living.

Virtual tour
What it costs to own
Estimated monthly payment
$16,222/mo
Principal and interest
$9,203
Property tax
$2,741
Homeowners insurance
$1,142
HOA
$3,136

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$32,892/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.

HOA
$3,136/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Florida condo safety laws

8701 Collins Avenue Condo was built in 2019, according to the county property appraiser.

If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2049. A local building official may require it at 25 years near salt water.

Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.

Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.