8777 Collins Avenue 702, Surfside, FL 33154 — MLS photo

Active · Condominium

$40,150,000

8777 Collins Avenue 702, Surfside, FL 33154

Beds: 5
Baths: 6
Living area: 8,724 sq ft
$ / sq ft: $4,602/sq ft
Year built: 2029
Lot size: —
HOA fee: $31,843 Monthly
Annual tax: $0

About this property

Extraordinary oceanfront sanctuary redefines coastal luxury in South Florida's most prestigious enclave, "Billionaire's Triangle". Limited collection 37 expansive sky mansions within a striking 12-story boutique tower, designed by world-renowned Zaha Hadid Architects. 200 linear ft of direct ocean frontage on a 2-acre estate, operated as a 5-star property, w/over 55,000 SF of life-enhancing amenities. Residences offer Atlantic, Intracoastal & Downtown views. Custom interiors by HBA, w/ kitchens, wardrobes, bathrooms by Molteni&C. Two 75-ft pools, include rooftop glass-bottom pool bridging north & south wings. Wellness focused amenities; Pilates reformer, yoga studios, immersive 20K SF meditation garden w/water features. Elevated security, business suites, michelin-standard restaurant.

Property location

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8777 Collins Avenue 702, Surfside, FL 33154

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Facts & features

Interior

Bedrooms: 5
Bathrooms: 6
Living area: 8,724 sq ft
Flooring: Hardwood, Marble, Wood
Appliances: Built In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Gas Range, Ice Maker, Refrigerator, Self Cleaning Oven, Washer
Cooling: Electric, Zoned
Heating: Electric, Zoned
Interior features: Wet Bar, Built In Features, Bathtub, Closet Cabinetry, Handicap Access, Kitchen Island, Sitting Area In Primary, Walk In Closets, Elevator, Bar

Exterior & Structure

Property type: Condominium
Year built: 2029
Stories: 12
Exterior features: None
Pool: Heated
Waterfront: Ocean Front
View: Intercoastal, Ocean

Parking

Garage spaces: 3
Covered spaces: 3
Parking features: Assigned, Covered, Guest, Two Or More Spaces, Garage Door Opener

HOA, Community & Financials

Association fee: $31,843 Monthly
Fee inclusions: Association Management, Amenities, Hvac, Maintenance Grounds, Pools, Security, Trash
Amenities: Bike Storage, Business Center, Fitness Center, Other, Playground, Pool, Spa Hot Tub, Elevators
Security: Door Man, Lobby Secured, Security Guard
Pets allowed: No, Yes
Annual tax: $0
Subdivision: SECOND AMD PLAT OF NORMAND
County: Miami-Dade
Days on market: 343
MLS listing ID: A11838701
Listing status: Active

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Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

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Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

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Estimated monthly cash flow

-$132,091

Cap rate: 1.7%
Net yield: 1.7%
Cash-on-cash return: -14.1%
Gross yield: 3.8%
Mortgage payment: $190,331/mo
Down payment: $10,037,500
Loan amount: $30,112,500
Annual NOI: $698,887

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.