Single Family Residence

940 88th St

940 88th St, Surfside FL 33154 Get directions

$22,500,000

For Sale New — listed today

0 Beds · 0 Baths

See estimated monthly cost

This listing is courtesy of Douglas Elliman. Ruthie Assouline Ruthie.assouline@elliman.com

Overview

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.

Facts & features

Interior

Other

Building & exterior

Year built: 1956
Lot size (sq ft): 25,000
Waterfront: Yes

Bay
Other
Ocean Access
Driveway

HOA (homeowners association)

Other Restrictions

Taxes

Annual tax: $238,401
Tax year: 2025
Parcel number: 14-22-35-005-3940

Assigned schools

Elementary: Ruth K. Broad Bay Harbor K-8
Middle: Nautilus
High: Miami Beach

Listing

MLS number: A12118156
Property type: Single Family Residence
Subdivision: SECOND AMD PLAT OF NORMAN
On market since: Nov 4, 2026
Days on market: 0

Estimated monthly cost

$150,514 per month

Down payment (%)

Interest rate (%)

Principal & interest (30 yr): $113,772
Property tax: $19,867
Insurance (estimated): $16,875

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

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Nearby schools

St. Joseph''s Catholic School Private · KG-08 · 0.30 mi
Mater Academy Miami Beach Charter · K-9 · 0.31 mi
Mater Beach Academy Private · PK-08 · 0.31 mi
Yeshiva Elementary School Private · PK-05 · 0.60 mi
Kinderland 4 Kids I Private · PK-01 · 0.65 mi
Lehrman Community Day School Private · PK-05 · 0.72 mi
Biscayne Beach Elementary Public · PK-5 · 0.76 mi
Ruth K. Broad/Bay Harbor K-8 Center Public · PK-8 · 0.83 mi
The Shul''s Child Enrichment Center Private · PK-KG · 0.99 mi

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