1986 Virginia Slims of Florida

The 1986 Virginia Slims of Florida, also known as the VS of Florida, was a women's tennis tournament played on outdoor hard courts in Key Biscayne, Florida in the United States that was part of the 1985 Virginia Slims World Championship Series. It was the eighth edition of the tournament and was held from January 27 through February 2, 1986. First-seeded Chris Evert-Lloyd won the singles title, her third consecutive at the event.

Singles
🇺🇸 Chris Evert Lloyd defeated Steffi Graf 6–3, 6–1
 * It was Evert-Lloyd's 1st singles title of the year and the 143rd of her career.

Doubles
🇺🇸 Kathy Jordan / 🇦🇺 Elizabeth Smylie defeated 🇺🇸 Betsy Nagelsen / 🇺🇸 Barbara Potter 7–6, 2–6, 6–2