8221 Crespi Blvd, Miami Beach FL 33141, MIAMI BEACH, FL, 33141
Active770 days on marketListed Jul 8, 2024MLS #A11619556
About this home
8221 Crespi Blvd, Miami Beach FL 33141
Waterfront Miami Beach development potential! Currently a duplex this 2-unit multi-family development offers waterfront views, a private dock with one fixed bridge access to the ocean. The neighborhood is undergoing redevelopment with many new high rise and retail buildings under construction nearby on the 79th causeway and $2 billion investment on nearby Ocean Terrace. Current rent roll below market $7750. Buildable square footage max FAR 1.25, which allows 7,188 sq feet living and five stories high. There is city notice requiring the owner to permit and build a common area laundry which the seller says will cost $25,000 but seller says this is a buyer responsibility to build if they keep the structure, but $0 cost if they knock and build new. Seller will only accept full price offer.
Facts & features
The home at a glance
5
Bedrooms
5
Bathrooms
3,104
Sqft
1956
Year built
$596
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.
$11,876 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$11,876/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
$/sqft vs Miami Beach actives
$596 vs $728
Days on market
770 vs 91 typical
Where $596/sqft sits among the 394 Miami Beach actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Biscayne Point
Get to know Miami Beach. See the full Miami Beach guide →
Biscayne Point — neighborhood snapshot
Population
4,470
Median age
39
Median income
$100,673
Median home value
$759,450
Avg household
2
Households w/ children
588
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami Beach market
$285K → $525K
Miami Beach median sold, yr/yr
95.1%
Sale-to-list ratio (12 mo)
19 of 394
Miami Beach actives have cut their price
Median sold price, Miami Beach, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 1060% above the MIAMI BEACH 33141 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 8221 Crespi Blvd
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Dec ’25$850,000
725 82nd St, Miami Beach FL 33141 · same community
4 bd · 3 ba · 1,834 sqft · $463/sqft · 11 DOM
Sold · Oct ’25$1,050,000
900 Bay Dr # 1001, Miami Beach FL 33141
4 bd · 4 ba · 3,080 sqft · $341/sqft · 147 DOM
Sold · Jan ’26$2,875,000
8851 Froude Ave, Surfside FL 33154
5 bd · 5 ba · 3,141 sqft · $915/sqft · 55 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gianfranco Di Flumeri
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 8221 Crespi Blvd — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8221 Crespi Blvd — before you fall in love.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
8221 Crespi Blvd FAQs
What would the monthly payment be for 8221 Crespi Blvd, Miami Beach FL 33141?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $11,876/mo — principal and interest, the actual property-tax bill and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
What are the property taxes on 8221 Crespi Blvd, Miami Beach FL 33141?+
The most recent tax bill on record (2023) was $12,481. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami Beach?+
At $1,850,000, this home is listed about 185% above the Miami Beach median of $649,900. The market section on this page shows how the area is trending.
Which schools are assigned to 8221 Crespi Blvd, Miami Beach FL 33141?+
Biscayne Beach Elementary School (elementary), Miami Beach Nautilus Middle School (middle), Miami Beach Senior High School (high), District Instructional Center (Dic) (), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Four things that matter here
01Positioned at the premium end
$1,850,000 runs 1060% above the MIAMI BEACH 33141 median — but at 3,104 sqft it's also nearly 3 times the size of the typical Miami Beach listing.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Time on market is leverage
770 days on market against a Miami Beach median of 91 — sellers in this position are usually ready to negotiate.
04The price has already moved
Listed at $1,950,000, now $1,850,000 — a $100K cut. The full history is in the market section below.
Keep looking
Similar homes nearby
Listing courtesy of The Corcoran Group · Julian Johnston. MLS #A11619556.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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