All listings
Active
Active1 / 24
Photo 1 of 24
Waterfront · Condominium
$8,475,000$3,795 / sqft
8701 Collins Ave # 701, Miami Beach FL 33154
Listed
3
Bedrooms
4
Bathrooms
2,233 sqft
Interior
2019
Year built
$8,228 / mo
HOA
Condominium
Type
About this home
Experience elevated beachfront living at the iconic Eighty Seven Park, an architectural masterpiece by Pritzker Prize-winning architect Renzo Piano. This exceptional 3-bedroom, 3.5-bath residence offers light-filled interiors with soaring 10-foot ceilings, floor-to-ceiling glass, and a wraparound terrace showcasing breathtaking ocean, park, and city views. A private elevator opens to beautifully appointed living spaces featuring a custom designed kitchen with natural stone finishes and Wolf/Sub-Zero appliances, creating the perfect setting for effortless entertaining and everyday luxury. Ideally positioned between the Atlantic Ocean and the 28-acre North Shore Open Space Park, residents enjoy direct beach access, oceanfront pools with cabanas, a world-class spa and fitness center, wine bar, concierge, butler service, valet, 24-hour security, and an unmatched collection of resort-inspired amenities. A rare opportunity to enjoy one of Miami Beach's most prestigious oceanfront addresses. Photos are virtually staged.
Features
- Lobby
- Closet Cabinetry
- Cooking Island
- Elevator
- Family Room
- East Of Us1
- Open Balcony
- Direct Ocean
Leasing
- Minimum lease
- 180 days
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Miami Beach, from 103 active listings; the middle half ask $9,500–$39,200.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.