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$22,500,000
· $5,244/sqft · Est. $144,853/mo
8 bd · 8 ba · 4,291 sqft · 0.57 acres (25,000 sqft) · 2 days on market · MLS# A12118156
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Listing details for 940 88th St, Surfside, FL 33154: An exceptional waterfront development opportunity in the heart of Surfside. Encompassing approximately 25,000 SF of land with 125 FT of waterfrontage, this expansive property combines two previously separate parcels into one extraordinary estate-sized offering. With approved plans for a single waterfront estate, the property presents a rare opportunity to create a custom residence in one of Miami's most desirable residential enclaves. The property currently features two existing livable residences and two private docks, offering flexibility ahead of future development. Ideally located moments from the beach, Bal Harbour Shops, fine dining, and world-class amenities. A remarkable opportunity to build a legacy waterfront estate in Surfside.
Bedrooms
8
Bathrooms
8
Square Feet
4,291
Year Built
1956
Lot
0.57 acres (25,000 sqft)
Garage
—
HOA
No
Taxes (2025)
$238,401
MLS# A12118156 · Source: MIAMI + RWorld · Updated Nov 6, 2026
Second Amd Plat of Norman is a neighborhood in Surfside.
Estimated monthly
30-yr fixed
$144,853
/mo
$22,500,000 · 20% down · 7.04%
Principal & interest
$120,299
Property taxes
$19,867
Home insurance
$4,688
Home price
$22,500,000
Down payment
$4,500,000 · 20%
Interest rate
7.04%
Estimates only. Actual costs vary by lender, credit score, and market conditions.
940 88th St, Surfside, FL 33154 is currently listed at $22,500,000. That works out to approximately $5,244 per square foot.
This property features 8 bedrooms, 8 bathrooms, 4,291 sq ft of living space.
The most recent tax bill for 940 88th St, Surfside, FL 33154 is $238,401/yr (~$19,867/mo). Florida primary residents may qualify for a homestead exemption that reduces this amount.
Based on current MLS data, no HOA fee is listed for this property. We recommend confirming with the seller's disclosure or your agent, as some communities charge fees not reflected in MLS.
940 88th St, Surfside, FL 33154 is located in Surfside, FL 33154. School assignments are set by the county school board and can change. Verify with the county school district before enrolling.
940 88th St, Surfside, FL 33154 is situated in the Second Amd Plat of Norman neighborhood of Surfside, Florida. Scroll to the Location section on this page for a map and nearby places.
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Listed By: Douglas Elliman · 305.458.8331

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.
Listing information is provided in part by the MIAMI + RWorld Internet Data Exchange program. 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 the MLS. Data last updated Nov 13, 2026 5:23 AM. Equal Housing Opportunity.
To report inaccurate listing data, email andy@mandelteam.com or call (954) 610-0563. Inaccurate information is corrected within two business days, and within 48 hours for registered users.
Flood insurance may be required or advisable; confirm with your lender and insurer.
1956
| Date | Event | Price | Change | $/Sq Ft | Source |
|---|---|---|---|---|---|
| Nov 4, 2026 | Listed for Sale | $22,500,000 | — | $5,244 | MIAMI + RWorld |
| Nov 4, 2026 | Listed for Sale | $22,500,000 | — | $5,244 | MIAMI + RWorld |
| Feb 6, 2023 | Sold | $7,925,000 | 93% of asking | $1,847 | MIAMI + RWorld |
| Feb 6, 2023 | Sold | $7,925,000 | 93% of asking | $1,847 | MIAMI + RWorld |
| Sep 23, 2022 | Listed for Sale | $8,500,000 | — | $1,981 | MIAMI + RWorld |
| Sep 22, 2022 | Listed for Sale | $8,500,000 | — | $1,981 | MIAMI + RWorld |
| Nov 16, 2021 | Sold | $5,840,000 | 99% of asking | $1,361 | MIAMI + RWorld |
| Sep 30, 2021 | Listed for Sale | $5,900,000 | — | $1,375 | MIAMI + RWorld |
Single-family homes in ZIP 33154
Compare Against
Buyer's market or seller's market?
Listed at $22,500,000 vs. the $3,100,000 median in ZIP 33154, at $5,244/sqft vs. $1,050/sqft, and on the market 2 days vs. a median of 71.
Balanced market · 5.5 months of supply
31
Homes For Sale Now
74
Sold In Last 12 Months
3
Cut Price In Last 30 Days
92.2%
Median Sold Vs. Asking
What this means for you: Roughly equal footing. Expect limited room on price, and move within a week on a home priced at or below the median per sqft.
Price per sqft vs. recent sales
Listed 354% above the median sold price per sqft for similar homes here.
Similar single-family homes sold in the last 6 months · 8 salesMedian Sold Price
$3,100,000
+82.4% vs. last year
Median Sold $/Sq Ft
$1,050
+11.5% vs. last year
Sold Vs. Asking
92.2%
91.2% of original list price
Median Days to Sell
71
Was 78 a year ago
Median sold price per sqft
3-month rolling · $934 to $1,154
In ZIP 33154. This list stays on the tightest city market with at least 3 sales.
Home
Sold Price
Sold
Days on Market
4 Bd · 3.5 Ba · 1,963 Sqft
$1,980,000
$1,009/sqft
Nov 2026
232
3 Bd · 2 Ba · 1,691 Sqft
$1,600,000
$946/sqft
Nov 2026
39
6 Bd · 7 Ba
$14,950,000
Oct 2026
80
4 Bd · 4 Ba · 3,435 Sqft
$4,200,000
$1,223/sqft
Oct 2026
41
3 Bd · 2 Ba · 1,384 Sqft
$1,350,000
$975/sqft
Sep 2026
84