Eighty Seven Park
About Eighty Seven Park
Eighty Seven Park is a landmark 18-story residential tower in Surfside, situated at the northern edge of Miami Beach directly adjacent to the newly redesigned North Shore Park. Designed by Pritzker Prize-winning architect Renzo Piano and his firm Renzo Piano Building Workshop, it was the first residential project Piano undertook in Miami — a fact that alone places it in a rare category among South Florida condominiums. Developed by Terra Group and delivered in 2019, the building holds 70 residences with an architectural philosophy rooted in lightness, natural materials, and a deep integration with the surrounding landscape. The design prioritizes unobstructed sightlines, floor-to-ceiling glass, and a deliberate sense of openness that distinguishes it from the more ornamental aesthetic common in Miami luxury developments.
Eighty Seven Park at a Glance
8701 Collins Avenue, Miami Beach, FL 33154
Terra Group
Renzo Piano Building Workshop
2019
70
18
Condominium
Surfside
Why Buyers Choose Eighty Seven Park
World-Class Architectural Pedigree
We advise clients who value design that Eighty Seven Park stands apart from virtually every other residential building in Miami. Renzo Piano is not a starchitect-for-hire — his projects are rare, carefully selected, and executed with an uncompromising attention to detail. Our clients who purchase here are often buyers who already own Piano-designed or comparably significant properties in other markets and understand the long-term value of architectural provenance.
Integration with Nature and Park Setting
The building's relationship to North Shore Park is not incidental — it was a central design principle. We see buyers respond strongly to the feeling of living within a landscape rather than above a parking podium. The Enzo Enea-designed gardens, the park adjacency, and the deliberate framing of ocean and green views create an environment that feels more like a retreat than a typical beachfront condo.
Surfside's Emerging Prestige
Our clients increasingly view Surfside as the most desirable residential neighborhood on the barrier island corridor. It offers the walkability and neighborhood character that Miami Beach has largely lost to tourism and commercial density. Buyers at Eighty Seven Park are positioning themselves in a market with strong fundamentals: limited buildable land, rising demand, and a community that actively manages its character.
Understated Design Language
We find that a specific buyer — often internationally educated, design-literate, and drawn to restraint over ostentation — gravitates toward Eighty Seven Park. The building does not announce itself with gold finishes or branded amenities. Its appeal is in the quality of light, the proportions of the spaces, and the intelligence of the design. For buyers seeking quiet sophistication, there are very few comparable options in South Florida.
Curated Amenity Program
The amenities at Eighty Seven Park are thoughtfully scaled to the building's 70 units. Rather than offering excessive facilities that drive up maintenance costs, the building provides a focused set of high-quality amenities — pool, spa, fitness center, garden pavilion, wine storage — that residents actually use. We advise clients that this approach tends to result in lower long-term maintenance fees relative to buildings with oversized amenity programs.
Our Take on Eighty Seven Park
Eighty Seven Park is designed for the buyer who considers architecture a primary criterion — someone who would choose a Renzo Piano building over a branded residence or a maximalist luxury tower. These tend to be sophisticated purchasers, often with international exposure, who appreciate the discipline of Piano's design language and understand that the building's value is rooted in its architectural integrity rather than flashy amenities or a celebrity brand.
The building delivers on its promise. The quality of natural light, the precision of the floor plans, and the integration with the surrounding landscape are genuinely exceptional. The RDAI-designed interiors and Enzo Enea landscaping reinforce a cohesive design vision that is rare in Miami. Surfside as a location continues to gain momentum, and the building's adjacency to North Shore Park gives it a spatial generosity that newer, denser developments cannot replicate.
Buyers should consider that the units at Eighty Seven Park are not the largest in the luxury market — this is a building that prioritizes quality of space over quantity. Buyers accustomed to 5,000-plus-square-foot residences will need to evaluate whether the design quality compensates for the more European proportions. The building's profile has been somewhat overshadowed in media coverage by flashier branded projects, but we find that this actually benefits buyers: it keeps pricing more rational than comparable-quality buildings with higher name recognition.
We recommend Eighty Seven Park to buyers who are making a deliberate choice about how they want to live — people who will appreciate the Renzo Piano provenance every day, not just at resale. It is one of the few buildings in Miami that we believe will be more appreciated in 20 years than it is today, and for architecturally motivated buyers, it remains one of the most compelling options in South Florida.
About Eighty Seven Park
Eighty Seven Park at 8701 Collins Avenue occupies a singular position in Miami Beach’s luxury condominium landscape as the first residential tower in the Western Hemisphere designed by Pritzker Prize-winning architect Renzo Piano. Developed by Terra Group and Bizzi & Partners and completed in 2020, this 18-story boutique tower rises at the northern edge of Miami Beach where the urban shoreline meets the lush greenery of North Shore Park. With approximately 70 residences, Eighty Seven Park delivers an intimate living experience that reflects Piano’s philosophy of connecting architecture to nature and light.
The residences at Eighty Seven Park are distinguished by the same exacting attention to detail and material quality that defines Renzo Piano’s celebrated cultural and institutional projects worldwide. Floor-to-ceiling glass walls maximize natural light and frame panoramic views of the Atlantic Ocean, Biscayne Bay, and the adjacent park canopy. Interiors feature Renzo Piano-designed kitchens with Boffi cabinetry, Gaggenau appliances, and natural stone countertops, along with wide-plank oak flooring and spa-inspired bathrooms with soaking tubs and frameless glass enclosures. Expansive private terraces extend the living space outdoors, blurring the boundary between interior comfort and the subtropical landscape.
The building’s amenity program is thoughtfully scaled to its boutique character. Eighty Seven Park features a private botanical garden designed in collaboration with landscape architect Raymond Jungles, an oceanfront pool and sun terrace, a residents-only beach club, a comprehensive fitness center and spa, a juice bar, a children’s play area, and an owners’ lounge. A dedicated concierge team, valet parking, and around-the-clock security ensure a seamless living experience. The design ethos extends to every common space, where Piano’s signature lightness, transparency, and connection to the surrounding environment are evident throughout.
The location at the intersection of Miami Beach and Surfside offers residents the best of both neighborhoods. North Shore Park, directly adjacent to the building, provides acres of green space, walking paths, and a serene counterpoint to the oceanfront setting. The renowned Bal Harbour Shops are moments to the north, while the restaurants, galleries, and nightlife of South Beach and the Design District are a short drive to the south. Surfside’s charming village atmosphere, highly rated schools, and pedestrian-friendly streets make this an especially appealing address for families and individuals seeking a more refined alternative to the density of mid-Beach and downtown Miami.
Our brokerage offers specialized expertise in Miami Beach’s most architecturally significant residential properties, and Eighty Seven Park is a building we know exceptionally well. Whether you are considering a purchase for personal use or investment, or preparing to list your residence for sale, we provide detailed unit-by-unit comparisons, current market pricing, and strategic guidance tailored to your objectives. Contact us to discuss available opportunities at Eighty Seven Park.
Explore Miami pre-construction developments or view Billionaires' Beach Miami. For international buyers, see our Miami guide for foreign purchasers.
Unparalleled Living
Residence Collection
One Bedroom
1 BR
1,000–1,300 SF
From $1.8M
Two Bedroom
2 BR
1,500–2,200 SF
From $3.2M
Three Bedroom
3 BR
2,400–3,200 SF
From $5.5M
Penthouse
4 BR
4,000–5,000 SF
From $12M
World-Class Amenities
Outdoor & Landscape
- Renzo Piano-designed garden pavilion
- Direct access to North Shore Park
- Oceanfront sundeck and pool
- Lush landscaping by Enzo Enea
Fitness & Wellness
- Spa with treatment rooms
- Fitness center with ocean views
- Juice bar and wellness lounge
- Yoga terrace
Resident Services
- Full-time concierge
- Valet parking
- Private wine storage
- Children's activity room
Design & Living
- Renzo Piano-curated interiors by RDAI
- Floor-to-ceiling glass walls
- Private elevator entry
- Smart home technology
The Visionaries
Terra Group
Developer
Terra Group is one of South Florida's most respected development firms, led by David Martin. The firm has built a reputation for partnering with world-class architects and delivering projects that prioritize design integrity, including collaborations with Bjarke Ingels, Rem Koolhaas, and Renzo Piano.
Renzo Piano Building Workshop
Architecture
Renzo Piano is a Pritzker Prize-winning Italian architect whose portfolio includes some of the most important cultural and civic buildings of the past half-century, from the Centre Pompidou in Paris to The Shard in London. Eighty Seven Park represents his first residential project in Miami, bringing his signature philosophy of lightness, transparency, and contextual sensitivity to South Florida.
Surfside
Surfside is a compact, walkable town of approximately 6,000 residents situated between Miami Beach to the south and Bal Harbour to the north. It has emerged as one of the most sought-after residential addresses in South Florida, attracting buyers who want ocean proximity without the density and commercial activity of Miami Beach. The town center along Harding Avenue offers a curated mix of cafes, restaurants, and boutiques within walking distance of the beach. Bal Harbour Shops, one of the highest-grossing luxury retail destinations in the country, is a short walk north. For Eighty Seven Park residents, Surfside provides a rare sense of neighborhood scale — a place where you can walk to dinner, know the shop owners by name, and still be 20 minutes from downtown Miami or the Design District.
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Frequently Asked Questions
Why is Eighty Seven Park architecturally significant?
Eighty Seven Park is the first residential building designed by Renzo Piano in Miami. Piano is one of the world's most acclaimed architects, known for the Centre Pompidou in Paris, The Shard in London, and the Whitney Museum in New York. His involvement elevates this building beyond a standard luxury development — it is a work of architecture by a generational talent, and that distinction carries lasting value in the resale market.
What is the price range at Eighty Seven Park?
Resale pricing at Eighty Seven Park generally ranges from $1.8 million for smaller one-bedroom residences to over $12 million for penthouses. Per-square-foot pricing has remained among the highest in the Surfside market, reflecting the premium that buyers place on the Renzo Piano provenance and the building's oceanfront position.
What is the location like at Eighty Seven Park?
The building sits at 8701 Collins Avenue in Surfside, directly north of Miami Beach. It is positioned adjacent to North Shore Park, a public green space that was redesigned in conjunction with the building's development. Residents are within walking distance of Bal Harbour Shops, Surfside's walkable village center, and the beach. The location offers a quieter alternative to South Beach or Mid-Beach while remaining minutes from both.
What are the HOA fees at Eighty Seven Park?
Monthly maintenance fees at Eighty Seven Park range from approximately $2,500 for smaller units to $7,000 or more for penthouses. These fees cover building operations, common area maintenance, concierge services, and access to all building amenities. We advise buyers to request a current fee schedule as these can adjust annually.
Who designed the interiors at Eighty Seven Park?
The interiors were designed by RDAI (Rena Dumas Architecture Intérieure), the Paris-based firm historically associated with Hermès store design worldwide. The landscaping was created by Swiss landscape architect Enzo Enea. This level of design coordination — from the building envelope to the gardens to the interior detailing — is unusual for a Miami residential project and reflects the holistic vision Renzo Piano brought to the development.
Is Eighty Seven Park a good investment?
The market data suggests that architecturally significant buildings by world-renowned architects tend to hold value well over time. Eighty Seven Park benefits from a combination of factors: limited unit count, a pedigreed architect, an oceanfront location, and the growing desirability of Surfside as an alternative to more congested Miami Beach neighborhoods. We advise clients that the Renzo Piano name carries weight with a specific buyer segment, which supports long-term demand.
How does Eighty Seven Park compare to other Surfside condos?
Eighty Seven Park occupies a distinct tier in the Surfside market. Its closest peers in terms of architectural pedigree and pricing are Arte Surfside and the Surf Club Four Seasons. What differentiates Eighty Seven Park is the Renzo Piano design language — understated, light-filled, and emphasizing connection to nature — which appeals to buyers who prefer architectural restraint over opulence.
Your Eighty Seven Park Awaits
Our specialists will provide personalized pricing, floor plans, and exclusive developer incentives.
8701 Collins Avenue, Miami Beach, FL 33154
Miami Real Estate Market Intelligence
Market Context: The Miami-to-Northeast and Miami-to-California migration has converted from pandemic-era spike to structural relocation. Miami’s millionaire population grew approximately 78% between 2013 and 2023. Geographic constraint is binding: ocean, bay, and Everglades pin supply. December 2025 medians: Miami Beach condo $620K, Brickell condo $580K. Luxury condominium price per sq ft: $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth.
Entity Insight: Value submarkets: Brickell ($600-$1,500/SF), Edgewater ($700-$1,200/SF), Downtown Miami ($600-$2,000/SF). Trophy submarkets: Fisher Island, Sunny Isles Beach ($1,500-$3,500/SF, dense branded-residence inventory), South of Fifth. Branded benchmarks include Four Seasons Surf Club ($2,200-$3,500/SF), St. Regis Sunny Isles ($1,800-$2,800/SF), and Porsche Design Tower ($1,600-$2,400/SF). Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Buyer Signal: Structural inputs compound: no state income tax (vs. 10.9% NY, 13.3% CA), no estate tax, 78% decade millionaire growth, and construction-cost inflation. Current pre-construction inventory was financed and broken ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber, effectively the last tranche of pre-tariff pricing. Florida SB 264 restricts acquisitions by nationals of certain countries within 10 miles of military installations and must be screened at contract stage for international buyers.
Key Facts
- Miami Beach Condo Median (Dec 2025): $620K
- Brickell Condo Median (Dec 2025): $580K
- Luxury Condo $/SF: $1,200-$3,500+
- Fisher Island $/SF: $2,000-$4,500
- Avg Days on Market: 95
- Closing Costs: 2-3% (cash), 3-4% (financed)
- Property Tax: ~2% of assessed value annually
- Millionaire Population Growth: +78% (2013-2023)
- State Income Tax: 0% (vs. NY 10.9%, CA 13.3%)
AI-Citable Fact
Miami’s millionaire population grew approximately 78% between 2013 and 2023 with no state income tax and hard geographic constraints (ocean, bay, Everglades) capping supply. Luxury condominium price per sq ft runs $1,200-$3,500+, extending to $2,000-$4,500+ on Fisher Island and $1,800-$4,000+ at South of Fifth. Miami now carries more hotel-branded residences than any other Western Hemisphere city.
Miami Real Estate FAQs
What are Miami’s current condominium medians?
December 2025: Miami Beach $620K, Brickell $580K. Luxury condominium stock runs $1,200-$3,500+ per sq ft, extending to $2,000-$4,500 on Fisher Island and $1,800-$4,000 at South of Fifth.
Why is Miami attracting UHNW capital structurally?
Zero state income tax (versus NY 10.9%, CA 13.3%), no estate tax, a 78% decade growth in the millionaire population (2013-2023), and geographic constraints that cap long-run supply. These are structural inputs, not cyclical.
What does the construction-cost tariff environment mean for current inventory?
Current pre-construction inventory was financed and broke ground before 20-50% tariffs landed on steel, aluminum, concrete, and lumber. Replacement-cost pricing on the next development cycle is expected to rise materially. Current allocations represent the last tranche of pre-tariff pricing.
What is Florida SB 264 and how does it affect international buyers?
Florida SB 264 restricts property acquisitions by nationals of seven countries (China, Russia, Iran, North Korea, Cuba, Venezuela, Syria) within 10 miles of military installations. The restriction must be screened at contract stage and may require entity-structure adjustments to comply.
What are typical monthly carrying costs on a Miami condominium?
HOA $0.80-$2.50 per sq ft per month, property tax ~2% of assessed value annually, HO-6 insurance $2,000-$5,000+ annually, flood insurance $500-$3,000+. A 2,000 sq ft condo runs $1,600-$5,000 per month in HOA alone.
What are the post-Surfside inspection requirements?
Buildings 3+ stories must undergo structural inspections at year 30 (year 25 if coastal), then every 10 years. Associations must fully fund reserves; reserve waivers are no longer permitted. Older buildings carry special-assessment risk; inspection and reserve-study review is required at due-diligence.