8701 Collins Ave # 404, Miami Beach FL 33154, MIAMI BEACH, FL, 33154
Active163 days on marketListed Mar 6, 2026MLS #A11978073
About this home
8701 Collins Ave # 404, Miami Beach FL 33154
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.
Facts & features
The home at a glance
2
Bedrooms
2.5
Bathrooms
1,457
Sqft
2
Garage
2019
Year built
$3,106
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 and the real association fee — not generic estimates.
$35,498 /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
$35,498/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.
vs edgeAI estimate
+230.7%
$/sqft vs Miami Beach actives
$3,106 vs $728
Days on market
163 vs 91 typical
Where $3,106/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 North Shore
Get to know Miami Beach. See the full Miami Beach guide →
North Shore — neighborhood snapshot
Population
13,602
Median age
47
Median income
$46,529
Median home value
$373,509
Avg household
2
Households w/ children
1,027
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 1197% above the MIAMI BEACH 33154 median. See the full Miami Beach market guide →
Paper trail
This home's history
Reality check
What actually sold near 8701 Collins Ave # 404
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Feb ’26$1,055,000
6799 Collins Ave # 605, Miami Beach FL 33141
2 bd · 2 ba · 1,420 sqft · $743/sqft · 316 DOM
Sold · Sep ’25$1,550,000
6799 Collins Ave # 1005, Miami Beach FL 33141
2 bd · 2 ba · 1,420 sqft · $1,092/sqft · 37 DOM
Sold · Nov ’25$847,800
1545 Normandy Dr, Miami Beach FL 33141
3 bd · 2 ba · 1,416 sqft · $599/sqft · 150 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
Arlinda Gokyar
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 8701 Collins Ave # 404 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 8701 Collins Ave # 404 — before you fall in love.
See it in person
Schedule a tour
Live availability from Arlinda's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
8701 Collins Ave # 404 FAQs
What would the monthly payment be for 8701 Collins Ave # 404, Miami Beach FL 33154?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $35,498/mo — principal and interest, the actual property-tax bill, the $5,243/mo association fee 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.
How much are the HOA fees at 8701 Collins Ave # 404, Miami Beach FL 33154?+
The association fee works out to $5,243 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 8701 Collins Ave # 404, Miami Beach FL 33154?+
The most recent tax bill on record (2025) was $47,708. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 8701 Collins Ave # 404, Miami Beach FL 33154?+
The listing reports pets: No, Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami Beach?+
At $4,526,000, this home is listed about 596% 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 8701 Collins Ave # 404, Miami Beach FL 33154?+
Ruth K. Broad Bay Harbor K-8 Center (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
$4,526,000 runs 1197% above the MIAMI BEACH 33154 median — but at 1,457 sqft it's also 52% larger than 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.
03Know the monthly fee
The association fee is $5,243/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
04Strong assigned schools
Ruth K. Broad Bay Harbor K-8 Center, Miami Beach Nautilus Middle School, Miami Beach Senior High School, District Instructional Center (Dic), Instructional Center System Wide, Title I Migrant Education Program — Ruth K. Broad Bay Harbor K-8 Center rates 5 of 5. Always verify assignments with the district.
Keep looking
Similar homes nearby
Listing courtesy of Alure Capital · Adam Redolfi. MLS #A11978073.
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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