8701 Collins Ave # 1103, Miami Beach FL 33154, MIAMI BEACH, FL, 33154
Active130 days on marketListed Apr 8, 2026MLS #A11997496
About this home
8701 Collins Ave # 1103, Miami Beach FL 33154
Stunning 03 line residence with ocean views in this new luxury condominium. Eighty Seven Park completed in 2020 by master architect Renzo Piano sits directly on the sands of Miami Beach. This 1 bedroom, 1.5 bath condo filled with natural lighting, wood and tile flooring, and cozy kitchen with snack bar. Open and large balcony perfect to entertain guests. Eighty Seven Park is conveniently located in North Beach, a fifteen minute drive from glamour, excitement, and energy of South Beach and Bal Harbour Shops. Available September 1.
Facts & features
The home at a glance
1
Bedrooms
1.5
Bathrooms
851
Sqft
1
Garage
2020
Year built
$16
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Principal and interest plus estimated taxes and insurance. Run your own numbers below.
$258 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
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
Estimated payment
$258/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Estimates only — taxes at 1.1%/yr and typical insurance; 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
$16 vs $728
Days on market
130 vs 91 typical
Where $16/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 96% below 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 # 1103
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Nov ’25$635,000
6799 Collins Ave # 507, Miami Beach FL 33141
1 bd · 1.5 ba · 871 sqft · $729/sqft · 94 DOM
Sold · May ’26$635,000
6899 Collins Ave # 2109, Miami Beach FL 33141
1 bd · 1 ba · 820 sqft · $774/sqft · 21 DOM
Sold · Dec ’25$785,000
6899 Collins Ave # 1204, Miami Beach FL 33141
1 bd · 1 ba · 820 sqft · $957/sqft · 26 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
Alek Cherrone
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about 8701 Collins Ave # 1103 — 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 # 1103 — before you fall in love.
See it in person
Schedule a tour
Live availability from Alek's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
8701 Collins Ave # 1103 FAQs
What would the monthly payment be for 8701 Collins Ave # 1103, Miami Beach FL 33154?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $258/mo — principal and interest, estimated property taxes 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.
Are pets allowed at 8701 Collins Ave # 1103, Miami Beach FL 33154?+
The listing reports pets: 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 $13,500, this home is listed about 98% below 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 # 1103, 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
Three things that matter here
01Under the MIAMI BEACH 33154 market on paper
$13,500 is 96% below the MIAMI BEACH 33154 median of $349,000, and at $16/sqft it sits under the Miami Beach average of $1,073.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Strong 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 Douglas Elliman · Raymond Jacomo. MLS #A11997496.
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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