About Eighty Seven Park
Developed by Terra, New Valley, Great Eagle Holdings and Bizzi & Partners · Designed by Renzo Piano Building Workshop
Eighty Seven Park is an 18-story oceanfront condominium at 8701 Collins Avenue, at the northern edge of Miami Beach. It was designed by Pritzker Prize-winning architect Renzo Piano — his first residential building in the United States — with landscape by West 8 and interiors by RDAI, and developed by Terra, New Valley, Great Eagle Holdings and Bizzi & Partners. Completed in 2019, the tower is lifted on white pillars above a landscaped base, with the ocean to the east and a large public park to the south.
Residences range from one to five bedrooms, with large terraces and private balcony gardens. Services include concierge and butler service, an outdoor juice bar, a salon, and a full-time botanist who helps residents care for their balcony gardens, plus a spa, fitness center, and pool.
Building Fees & Assessments
MLS listings for Eighty Seven Park have shown a median association fee around $3.60/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for Eighty Seven Park's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is Eighty Seven Park pet-friendly?
Yes, Eighty Seven Park is generally pet-friendly. Verify current pet rules and any breed or weight restrictions directly with the building association before purchasing.
Can I rent out my unit at Eighty Seven Park?
Long-term rentals are generally permitted at Eighty Seven Park, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Is Eighty Seven Park in Miami Beach or Surfside?
The building is inside the City of Miami Beach, at its northern edge, but its mailing ZIP code (33154) is the one used by neighboring Surfside, so some listings and maps label it that way. County property records place it in Miami Beach.
Who designed Eighty Seven Park?
Renzo Piano Building Workshop designed the building -- Renzo Piano's first residential project in the United States -- with landscape design by West 8 and interiors by RDAI. Terra, New Valley, Great Eagle Holdings and Bizzi & Partners developed it.
How many residences are there?
Published figures range from 66 to 70, so we do not state a single number. Ask us for the association's current unit count if it matters to your decision.
What is next to it?
The Atlantic Ocean is to the east, a 35-acre public park to the south, and the building's own two-acre private park to the north. Much of each home's living space is outdoors: balconies and terraces are large relative to interior size.
Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.
