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Condominium at 8701 Collins Ave # 404, Miami Beach FL 33154Active
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Waterfront · Condominium
$4,526,000$3,106 / sqft

8701 Collins Ave # 404, Miami Beach FL 33154

2
Bedrooms
3
Bathrooms
1,457 sqft
Interior
2019
Year built
$5,243 / mo
HOA
Condominium
Type

About this home

The pinnacle of organic luxury at Eighty Seven Park. Perched directly above the lush canopy of the 35-acre North Shore Park, this direct South-facing residence is bathed in soft, natural light from dawn until dusk. Designed by Pritzker Prize-winner Renzo Piano, the 04-line is a masterclass in coastal serenity, offering a rare 2-Bedroom 2.5 Bath y where the park’s greenery meets the turquoise of the Atlantic. The residence features a split-floor plan for ultimate privacy, framed by floor-to-ceiling glass and 10-foot ceilings. The interior is a showcase of natural materials: American oak floors, custom Molteni cabinetry, and a gourmet kitchen equipped with Wolf and Sub-Zero appliances. Step out onto the expansive terraceyour private outdoor living roomto enjoy the ocean breeze and unobstructed park views that will never be developed. Beyond the unit, enjoy a truly private beach experience with full-service lounge chairs, umbrellas, and towel service. Residents have exclusive access to two oceanfront pools, the holistic Soul Center Spa, and the Enoteca wine bar. With 24-hour butler and concierge service and a private 2-acre botanical garden, Unit 404 offers a lifestyle of quiet, "on the sand" elegance just moments from Bal Harbour.

Features

  • Built-in Features
  • Custom Mirrors
  • Elevator
  • Fire Sprinklers
  • Entrance Foyer
  • Split Bedroom
  • Volume Ceilings
  • Utility Room/Laundry
  • Barbeque
  • Ocean View
  • Direct Ocean
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$28,129

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$22,886
HOA
$5,243 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Alure Capital

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.