Eighty Seven Park Condos For Sale & Rent

Eighty Seven Park Condo Overview

Eighty Seven Park is a luxury oceanfront Mid and North Beach condo building at 8701 Collins Ave in Mid and North Beach, Miami Beach. Built in 2019, the 18-story building has 70 residences at the northern edge of Miami Beach near Surfside, park space, and the beach.

Eighty Seven Park Condos for Sale

Eighty Seven Park condos for sale should be reviewed by ocean or park exposure, floor height, residence size, terrace position, interior finish, parking, and monthly fees. Buyers should compare luxury Miami Beach and Surfside sales, service level, privacy, association costs, and exact line before judging value.

Eighty Seven Park Rentals and Rental Policy

Rental policy currently shows a long-term rental setup, a 6-month minimum rental term, and up to 2 rentals per year. Buyers should verify association rules, lease approvals, fees, and current restrictions before using rental income in their analysis.

Amenities and Building Details

Architectural and ownership notes point to Renzo Piano, Terra Group. The building is pet-friendly. Buyers should review beach services, amenities, parking, security, reserves, insurance considerations, and monthly fees with the specific residence. The residence boasts landscaped gardens and pavilions, two swimming pools complemented by lounge areas and cabanas, a soul center spa, and a state-of-the-art fitness facility. Additional amenities include a children's playroom, Fugo juice bar, Enoteca Wine Bar and Cellar, salon, beach access with various water sports, cabanas, and chairs, picnic areas, and comprehensive security, concierge, valet, and butler services. Every unit at Eighty Seven Park is a masterpiece of design, featuring hurricane impact-resistant floor-to-ceiling glass windows, summer kitchens, and expansive balconies.

What to Compare Before Buying at Eighty Seven Park

Compare active condos for sale, active rentals, recent sales, ocean exposure, residence size, unit condition, monthly fees, parking, rental rules, pet policy, and beach access. It is also useful to compare Eighty Seven Park Miami Condo with nearby buildings and area pages such as Miami Beach and South Beach.

Market Context

Eighty Seven Park Miami Condo has completed-year closed-sale history from 2019 through 2025 in the market statistics, with 35 recorded condo sales, or about 5 sales per year. That is a thinner resale sample, so each closed sale should be reviewed closely for condition, view, size, and unusual terms before using it as a benchmark. The busiest year in the series was 2022 with 11 sales, while the quietest was 2019 with 1. Recent completed-year sales volume is below the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Eighty Seven Park Miami Condo ranges from about $1,869/sqft to $3,782/sqft, with an average near $2,709/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $2,478/sqft in 2019 to $3,782/sqft in 2025. The recent completed-year price-per-square-foot average is close to the long-term average. Average closed price over the same completed-year period was about $5,869,723, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Eighty Seven Park Miami Condo: 3 Beds and 2 Beds units have the broadest historical comparison set, while 4 Beds+ around $17,150,250 and 3 Beds around $7,195,701 represent the higher average closed-price tiers in the chart data. The segment is useful, but buyers should still check whether the underlying sales were similar in size, view, and condition. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Eighty Seven Park Miami Condo also has long-term rental positioning with a 6-month minimum lease and up to 2 rentals per year, which should be read together with the long-term sales data. That points to a more traditional ownership profile, so long-term tenant quality, association approvals, and carrying costs matter more than short-stay turnover.