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$245,000
9 Days On Site

502 NW 87th Ave 302
Miami, FL 33172

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
842
SqFt
$291
/SqFt
1975
Built
Subdivision:
FERNWOODS NO 4 CONDO BLDG
County:
Miami-Dade

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502 NW 87th Ave 302502 NW 87th Ave 302502 NW 87th Ave 302502 NW 87th Ave 302
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Rare opportunity-only unit currently for sale in the building. Enjoy beautiful lake views from this spacious residence featuring a newly renovated bathroom (pic coming soon). Condo has a recently completed the 50 year certification providing peace of mind for years to come. Excellent location near FIU, Dolphin Mall, with easy to access to major highways 826 & 836. Washer and dryer in the unit, assigned parking and guests parking. Perfect for investors or future residents- currently rented from Nov 1st 2025 through October 30th 2026 to an excellent tenants paying $ 1900 /month. A special assessment of $ 96.17/month is in place until January 2027. Very low maintenance fees makes this a smart and affordable investment.

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Listing Snapshot
Price 
$245,000
Days On Site 
9 Days
Bedrooms 
1
Inside Area (SqFt) 
842 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1975
MLS® Number 
A11897514
Status 
Active
Property Tax 
$3,061
HOA/Condo/Coop Fees 
$246 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoStatus changed to Active
4 days agoListing updated with changes from the MLS®
a week agoPrice changed to $245,000
a week agoListing first seen on site
General Features
Number Of Stories 
3
Parking 
AssignedGuest
Pets 
Size LimitYes
Property Sub Type 
Condominium
Security 
Security GuardSmoke Detector(s)
SqFt Total 
842
Utilities 
Cable Available
Interior Features
Appliances 
DryerDishwasherElectric RangeElectric Water HeaterIce MakerMicrowaveRefrigeratorWasher
Cooling 
Central Air
Flooring 
Tile
Furnished 
Unfurnished
Heating 
Central
Interior 
ElevatorWalk-In Closet(s)
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Exterior Features
Construction Details 
Block
Exterior 
BalconyTennis Court(s)
Frontage 
Lagoon/Estuary
Lot Features 
Waterfront
Pool Features 
Heated
View 
LakeWater
Waterfront 
Yes
Waterfront Features 
Lake FrontLagoon
Waterview 
LakeWater
Community Features
Association Amenities 
Elevator(s)PoolTennis Court(s)
Association Dues 
246
Building Access 
3
Financing Terms Available 
CashConventional
HOA Fee Frequency 
Monthly
MLS Area 
40
Schools
School District
Unknown
Elementary School
Unknown
Middle School
Ruben Dario
High School
Unknown
Listing courtesy of Dezer Platinum Realty LLC

The data relating to real estate for sale on this web site comes in part from the Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. Information is deemed reliable but not guaranteed. Copyright © 2025, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is 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. The use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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