8701 Collins Ave Condo in Miami Beach

8701 Collins Ave Condo
Homes for Sale in Miami Beach, FL

Community in Miami Beach · Miami-Dade County · ZIP 33154
Median sale $7.80M
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Photo via MIAMI MLS

Built fromLive MIAMI MLS data6 years of closingsUpdated twice daily
Live · 8701 Collins Ave Condo Housing Pulse MIAMI MLS + public records Analysis by Momentum Realty · $3.5B+ sold · 10,000+ customers served · Top 1% in Florida (RealTrends)
Price
$7.80M
Median sold · 12 mo
up 173.7% vs the prior 12 months
+173.7%
1-yr price change
n = 4 and 5 sales in the two windows
$3333/sf
Sold $/sqft · 12 mo
peak $3333 in 2026
89.4%
Sale vs ask
Tempo
165days
Median DOM · closed
44 days at the 2023 low
4
Sold · last 12 mo
10-yr average: about 5 a year
Ownership and context
100%
Cash buyers · 8701 Collins Ave Condo
4 of 4 sales, 12 mo ending July 2026
Track record · 6 years of records
1,994sqft
Median sold home size
12-mo windows, closed sales
Jon Brooks, founder of Momentum Realty
Jon's Current Read

The number that actually drives this market is price per square foot, not the median price tag itself. At roughly $3,332.73 per square foot, this building is pricing on a basis that only a handful of oceanfront Miami-Dade addresses can support, and the small closings window (four sales) means each transaction moves the read materially. Treat the $7,800,000 median as a snapshot of what recently traded, not a fixed benchmark for the next unit that lists.

A median days-on-market of about 164.5 days tells you these units do not move on impulse. Buyers at this price point negotiate, and sellers who price against comparable finishes and floor plans rather than against the last closed number tend to see faster results. With year-over-year pricing up 173.7%, the swing is large enough that it likely reflects a shift in the mix of units sold as much as a broad repricing of the building itself.

8701 Collins Ave Condo Housing Pulse · Momentum Research · as of July 20, 2026

8701 Collins Ave Condo right now

🟢 Still climbing. The trailing-12-month median ($7.80M) is up 173.7% from the prior 12 months ($2.85M). With about 5 sales a year, a single closing can swing this number, so read the level and the decade, not one year's move.Momentum Research, record-level MIAMI MLS closed sales, 12-month windows ending July 20. Confidence: Low (4 and 5 sales in the two windows).

Jump to: Price history & scorecard · Homes for sale · Schools · FAQ

Updated July 20, 2026 · Live data: MIAMI MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness

The 60-Second Overview

8701 Collins Ave Condo market snapshot (as of July 20, 2026): the median sale price is about $7.80M ($3333 per sq ft over the trailing 12 months of closed sales), and a median 165 days on market for closed sales. The trailing-12-month median is up 174% from the prior 12 months, computed from record-level MIAMI MLS closed sales (4 closings in the current window).

This is an ultra-high-end Miami-Dade condo market with very few closings to draw from, so every data point carries outsized weight. The combination of a seven-figure-plus median and a per-square-foot figure north of $3,300 puts it firmly in the luxury oceanfront tier rather than the broader condo market.

Best for

  • Buyers with a defined budget at the multi-million-dollar tier who have already priced comparable oceanfront units
  • Sellers holding a unit with strong finishes who can support a premium per-square-foot ask with documentation
  • Buyers comfortable running due diligence on association documents and assessments before committing

Probably not for

  • Buyers who need amenities confirmed before they'll consider a building
  • Anyone expecting a fast, high-volume transaction timeline
  • Buyers relying on year-over-year percentage swings as a pricing guarantee rather than a mix-driven signal

Price History: What Homes Here Have Actually Sold For

Median sale price over the trailing 12 months ending July 20 of each year, from record-level MIAMI MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($7.80M) IS the median in the snapshot above, and the move from 2025 ($2.85M) IS the +173.7% one-year change.

Windows contain 0 to 10 sales each (4 in the current window); every figure carries its sample size, and thin markets swing on single closings. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2020 through 2026. Deemed reliable but not guaranteed.

Median sale price · trailing 12 mo
$4M$6M$8M2020202220242026
Up 173.7% year over year.
Every sale since 2020 · price vs size
$0$10M$20M$30M2k4k6k
33 closed sales; green = recent. Size sets the floor, condition and lot set the rest.
Sold $ per sq ft · trailing 12 mo
$2K$2K$3K$4K2020202220242026
Up from $2210 in 2020 to a $3333 peak in 2026; $3333 now.
Median days on market · closed sales
2004002020202220242026
44 days at the 2023 low; 165 now.
Sale price vs original ask · median
70%80%90%100%2020202220242026
89.4% now.
Homes sold per 12-mo window
05102020202220242026
0 to 10 a year; 4 in the current window.
How much local inventory is already under contract

0% of homes for sale in ZIP 33154 are already under contract (under contract ÷ under contract + active listings) — a read on how much of the available inventory buyers have already claimed. Source: MLS data (2026-07-18).

8701 Collins Ave Condo Market Scorecard

Balanced

8701 Collins Ave Condo is currently a balanced market., and homes go under contract in about 66 days.

$7,800,000
Median sold
$3106
List $/sqft
66
Days on mkt
5/1/0
Active/Pend/Sold

Go deeper: ZIP market scorecard · county scorecard · true cost calculator · affordability calculator.

Live data: MIAMI MLS, refreshed twice daily. Market metrics only; these describe homes for sale and recent sales, not residents.

Homes For Sale Right Now in 8701 Collins Ave Condo

Live MLS inventory for 8701 Collins Ave Condo. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

Active and pending 8701 Collins Ave Condo listings as of 2026-09-02, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R) for the period 2020 through 2026. Tap any home to ask about it.

If we were buying in 8701 Collins Ave Condo today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in 8701 Collins Ave Condo.

Best Buy
Buyers targeting a specific oceanfront Miami-Dade address at the top end of the price spectrum.
Biggest Risk
With only four closings in the window, pricing signals can shift sharply on a single sale.
Sweet Spot
Buyers and sellers comfortable with a longer negotiation cycle near the 164-day median.
Avoid If
You need amenity details confirmed upfront — current listings do not identify a specific package.

A market defined by scarcity, not volume

With only four closings in the current window, this is not a market you read the way you'd read a high-volume condo tower. Small sample sizes mean a single penthouse or a single distressed sale can swing the median price or the price-per-square-foot figure significantly. The 173.7% year-over-year change should be read as a signal of mix and unit-level variation, not a market-wide repricing.

The 164.5-day median time on market fits the profile of a slow-decision, high-price segment. Buyers here are typically comparing a short list of similar units across several buildings, and negotiation on price and terms is the norm rather than the exception. Current MLS data does not surface a confirmed amenities package for this address, so anyone evaluating a specific unit should verify building amenities, association documents, and any assessments directly rather than assuming a standard luxury package.

The location and the amenities are priced into every listing in 8701 Collins Ave Condo. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Why work with Momentum here

In a market with this few closings, pricing a listing or evaluating an offer requires pulling comparable data from adjacent buildings and prior periods, not just the last few trades in this address. We build that fuller picture before advising on price, and we push for verified condo documents and amenity detail before a buyer commits at this price level.

8701 Collins Ave Condo in 15 seconds.

Best forBuyers targeting a specific oceanfront Miami-Dade address at the top end of the price spectrum.
Biggest advantageThe per-square-foot basis here reflects genuine scarcity in a tightly held building.
Biggest riskWith only four closings in the window, pricing signals can shift sharply on a single sale.
Sweet spotBuyers and sellers comfortable with a longer negotiation cycle near the 164-day median.
Avoid ifYou need amenity details confirmed upfront — current listings do not identify a specific package.

HOA, CDD & Fees

In short
  • HOA status not on record. Verify any dues before you offer
  • Any club/amenity membership is billed separately

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed 8701 Collins Ave Condo sales matched to your home.

What is your 8701 Collins Ave Condo home worth?

Get a no-obligation home value based on real comparable sales in 8701 Collins Ave Condo, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

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Real comps, not an automated estimate.

Frequently Asked Questions

What is the median home price in 8701 Collins Ave Condo?
The median sale price in 8701 Collins Ave Condo was $7.80M over the 12 months ending July 20, 2026 (4 closed sales, MIAMI MLS).
How long do homes in 8701 Collins Ave Condo take to sell?
Homes that closed in the 12 months ending July 20, 2026 took a median 165 days on market (4 sales, MIAMI MLS).
Do cash buyers compete in 8701 Collins Ave Condo?
Cash buyers took 100% of 8701 Collins Ave Condo sales in the 12 months ending July 2026 (4 of 4 closings, MIAMI MLS).
Who is the best real estate agent for 8701 Collins Ave Condo?
The best agent for 8701 Collins Ave Condo is one who actively works Miami Beach and knows the community's pricing, fees, and current inventory. Tell us what you're looking for in the form on this page and Momentum Realty will match you with a local specialist for 8701 Collins Ave Condo.
How do I find a top Miami Beach real estate agent who knows 8701 Collins Ave Condo?
Share a few details in the form on this page. Momentum Realty has 320+ agents and more than $3.5B in closed sales, and we'll connect you with one who knows 8701 Collins Ave Condo and the wider Miami Beach area.
Can Momentum Realty connect me with an agent for 8701 Collins Ave Condo?
Yes. Use the form on this page and we'll introduce you to a local specialist who can guide your 8701 Collins Ave Condo purchase or sale - no call center and no pressure.
Buyers with a defined budget at the multi-million-dollar tier who have already priced comparable oceanfront unitsExcellent fit
Sellers holding a unit with strong finishes who can support a premium per-square-foot ask with documentationExcellent fit
Buyers comfortable running due diligence on association documents and assessments before committingExcellent fit
Buyers who need amenities confirmed before they'll consider a buildingProbably not
Anyone expecting a fast, high-volume transaction timelineProbably not
Buyers relying on year-over-year percentage swings as a pricing guarantee rather than a mix-driven signalProbably not

Data sources & freshness

Community market statsMIAMI MLS closed sales, 12-month windows ending July 20, 2026
Under-contract sharesMIAMI MLS records, as of 2026-07-18
Historical depthClosed-sale records back to 2020 (33 transactions analyzed)

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

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The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live your area comps.

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More Miami Beach & Miami & Miami-Dade County guides

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Thinking of selling in 8701 COLLINS AVE CONDO? 4 recorded closings; median 164 days on market (window ending 2026-07-20). See the Miami-Dade County sell-now-or-wait data, what made 201,552 Florida listings fail in the last 12 months, or compare a cash offer vs. listing. Compiled from MLS records; deemed reliable but not guaranteed.
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