This well-maintained two-story condominium features 1 bedroom and 1.5 bathrooms and is located on the second floor. The first level offers a functional kitchen, along with a spacious living and dining area. Upstairs, you'll find an oversized bedroom with a large closet, a full bathroom, and a laundry room equipped with a full-size washer and dryer. Located in a highly desirable area of Miami, this property offers excellent amenities, including a community swimming pool and tennis court with low monthly maintenance fees and is currently tenant-occupied, making it an ideal turnkey property for investors seeking immediate passive income
For sale
$245,000
40 NW 87th Ave APT D201, Miami, FL 33172
1beds
922sqft
Condominium
Built in 1972
-- sqft lot
$-- Zestimate®
$266/sqft
$309/mo HOA
What's special
Tennis courtOversized bedroomCommunity swimming poolFunctional kitchenLarge closet
- 58 days
- 320
- 14
Zillow last checked:
Listing updated:
Listed by:
Malena Sarmiento Leon 352-682-8093,
Legacy Group Real Estate, LLC.
Source: MIAMI,MLS#: A12047968
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Electric Range, Refrigerator, Washer
Features
- Other
- Flooring: Other
- Common walls with other units/homes: Corner Unit
Interior area
- Total structure area: 922
- Total interior livable area: 922 sqft
Video & virtual tour
Property
Parking
- Parking features: 1 Space, Assigned, Guest
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Other
Details
- Parcel number: 3040040541070
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1972
Community & HOA
Community
- Security: Complex Fenced
- Application fee: $150
- Subdivision: Park East Condo
HOA
- Has HOA: Yes
- Amenities included: Other
- HOA fee: $309 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $266/sqft
- Tax assessed value: $214,032
- Annual tax amount: $3,264
- Date on market: 7/3/2026
- Listing terms: All Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Listed for sale | $245,000+390%$266/sqft |
Source: | ||
| 3/29/1995 | Sold | $50,000+12.4%$54/sqft |
Source: Public Record Report a problem | ||
| 2/14/1994 | Sold | $44,500$48/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,265 +7.7% | $179,152 +10% |
| 2024 | $3,031 +10.1% | $162,866 +10% |
| 2023 | $2,752 +17.1% | $148,060 +10% |
| 2022 | $2,351 +7.2% | $134,600 +10% |
| 2021 | $2,193 +11.7% | $122,364 +10% |
| 2020 | $1,964 +2.7% | $111,240 +3% |
| 2019 | $1,912 +7.4% | $108,000 +8% |
| 2018 | $1,780 | $99,966 +10% |
| 2017 | $1,780 +8.4% | $90,879 +10% |
| 2016 | $1,642 +12.4% | $82,618 +10% |
| 2015 | $1,460 +8.8% | $75,108 +10% |
| 2014 | $1,342 +28.4% | $68,280 +10% |
| 2013 | $1,045 | $62,073 +10% |
| 2012 | $1,045 -11% | $56,430 -10% |
| 2011 | $1,174 -26.8% | $62,700 -20% |
| 2010 | $1,603 -18.8% | $78,380 -25% |
| 2009 | $1,974 -28.8% | $104,500 -30% |
| 2007 | $2,772 +23.3% | $149,280 |
| 2006 | $2,247 | -- |
| 2005 | $2,247 +27.8% | -- |
| 2004 | $1,758 +36.9% | -- |
| 2003 | $1,285 +185.3% | -- |
| 2002 | $450 | -- |
| 2001 | $450 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 33172
Nearby schools
Schools provided by the listing agent
- Middle: Ruben Dario
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






