, MIAMI BEACH, FL, 33154
Active41 days on marketListed Jun 9, 2026MLS #A12033350
About this home
Rare Find! Be one of the few to dwell at 87 Park, Renzo Piano's architectural masterpiece located right next to North Beach Oceanside Park, Miami Beach's 28 acres beachfront park, on the limit with the Village of Surfside and minutes away form prestigious Bal Harbor and its iconic Mall. Enjoy unobstructed ocean view from this spacious 850 SF, one bedroom and one and a half bathroom, that can be accessed by private elevator, with a splendid 480 SF terrace with outdoor kitchen. 87 Park is a full-service building featuring a 2-acre resident’s private sculpture garden with 2 pools, poolside cabanas, access to the beach and the Boardwalk. Residents are provided with beach services, and can enjoy a gym with state-of-the-art equipment, spa with Hammam, sauna, steam rooms and private treatments rooms, 24-hr. concierge, valet and more. The lobby bar enoteca and poolside Fugo Bar, provide residents with lite meals, happy hour drinks and complimentary coffee bar on the premises. The residence is beautifully appointed, furnished in European style and with a Grand Piano that can be purchased with the unit.
Facts & features
The home at a glance
1
Bedrooms
1.5
Bathrooms
851
Sqft
1
Garage
2019
Year built
$2,344
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.
$16,725 /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
$16,725/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
+358.1%
$/sqft vs Miami Beach actives
$2,344 vs $710
Days on market
41 vs 80 typical
Where $2,344/sqft sits among the 396 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
$1.0M → $8.7M
Miami Beach median sold, yr/yr
97.9%
Sale-to-list ratio (12 mo)
45 of 396
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 472% 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
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$3,200,000
8701 Collins Ave # 805, Miami Beach FL 33154 · same community
2 bd · 2.5 ba · 1,522 sqft · $2,102/sqft · 239 DOM
Sold · Apr ’26$11,500,000
8701 Collins Avenue # 902, Miami Beach FL 33154 · same community
3 bd · 3.5 ba · 2,467 sqft · $4,662/sqft · 90 DOM
Sold · Mar ’26$14,000,000
8701 Collins Ave # 1601, Miami Beach FL 33154 · same community
4 bd · 3.5 ba · 3,525 sqft · $3,972/sqft · 369 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
Linda Johnson
REALTOR® · CENTURY 21 Edge
Tours, negotiation, and every question about — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to Linda's phone and CRM.
Straight answers
FAQs
What would the monthly payment be for ?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $16,725/mo — principal and interest, the actual property-tax bill, the $3,062/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 ?+
The association fee works out to $3,062 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on ?+
The most recent tax bill on record (2025) was $23,880. 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 $1,995,000, this home is listed about 101% above the Miami Beach median of $995,000. The market section on this page shows how the area is trending.
Which schools are assigned to ?+
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
$1,995,000 runs 472% above the MIAMI BEACH 33154 median.
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 $3,062/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 Partnership Realty Inc. · Jorge Catoggio. MLS #A12033350.
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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