The 1986 Lipton International Players Championships was a tennis tournament played on outdoor hard courts. It was the 2nd edition of the Miami Masters and was part of the 1986 Nabisco Grand Prix and the 1986 Virginia Slims World Championship Series. Both the men's and the women's events took place in Boca West, Florida from February 10 through February 24, 1986.
Ivan Lendl defeated Mats Wilander 3–6, 6–1, 7–6, 6–4
- It was Lendl's 2nd title of the year and the 59th of his career.
Chris Evert-Lloyd defeated Steffi Graf 6–4, 6–2
- It was Evert-Lloyd's 1st title of the year and the 146th of her career.
Brad Gilbert / Vince Van Patten defeated Stefan Edberg / Anders Järryd by Walkover
- It was Gilbert's 1st title of the year and the 8th of his career. It was Van Patten's only title of the year and the 2nd of his career.
Pam Shriver / Helena Suková defeated Chris Evert-Lloyd / Wendy Turnbull 6–2, 6–3
- It was Shriver's 1st title of the year and the 79th of her career. It was Suková's 1st title of the year and the 13th of her career.
Template:1986 Virginia Slims World Championship Series