Adorable first floor unit in the very sought after Fernwoods Condominium. This unit is is very spacious with an updated kitchen with stainless steel appliances, Large Living Room/Dining Room and a very spacious bedroom. Washer/Dryer in unit for for your convenience. Screened in balcony, merely steps from the pool and lake. This building is centrally located near near malls, restaurants, 836, I75 and Palmetto Expressway. Brand new AC will be installed prior to closing and brand new roof is being installed. Currently Tenant Occupied month to month, paying $1,600 per month, unit can be delivered vacant.
Sold for $250,000
$250,000
506 NW 87th Ave APT 111, Miami, FL 33172
1beds
839sqft
Condominium
Built in 1974
-- sqft lot
$222,900 Zestimate®
$298/sqft
$1,935 Estimated rent
Home value
$222,900
$207,000 - $239,000
$1,935/mo
Zestimate® history
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List your homeWhat's special
Screened in balconyBrand new roofBrand new acDining roomUpdated kitchenStainless steel appliances
Zillow last checked:
Listing updated:
Listed by:
Elissa Urquiaga 786-238-4477,
United Realty Group Inc
Bought with:
Leroy Adam, 3493889
Grant and Associates Real Estate INC
Source: MIAMI,MLS#: A11565752
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Walk-In Closet(s)
- Flooring: Tile
Interior area
- Total structure area: 839
- Total interior livable area: 839 sqft
Property
Parking
- Total spaces: 1
- Parking features: 1 Space, Assigned, Guest
- Garage spaces: 1
Features
- Entry location: First Floor Entry
- Patio & porch: Patio
- Exterior features: Balcony
- Pool features: Association
- Has view: Yes
- View description: Pool, Tennis Court View
Details
- Parcel number: 3040040250110
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- Year built: 1974
Community & HOA
Community
- Security: No Security
- Application fee: $150
- Pet fee: $50
- Subdivision: Fernwoods Condo No 2 Bldg
HOA
- Has HOA: Yes
- Amenities included: Pool, Tennis Court(s)
- HOA fee: $246 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $298/sqft
- Tax assessed value: $187,874
- Annual tax amount: $2,601
- Date on market: 4/8/2024
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2024 | Sold | $250,000-3.8%$298/sqft |
Source:  MIAMI #A11565752 Report a problem | ||
| 5/21/2024 | Pending sale | $260,000$310/sqft |
Source: MIAMI #A11565752 Report a problem | ||
| 4/22/2024 | Contingent | $260,000$310/sqft |
Source: MIAMI #A11565752 Report a problem | ||
| 4/9/2024 | Listed for sale | $260,000+205.9%$310/sqft |
Source: MIAMI #A11565752 Report a problem | ||
| 6/13/2003 | Sold | $85,000+57.4%$101/sqft |
Source: Public Record Report a problem | ||
| 3/6/1998 | Sold | $54,000+3.8%$64/sqft |
Source: Public Record Report a problem | ||
| 5/3/1995 | Sold | $52,000$62/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,413 -49.5% | $124,072 -20.6% |
| 2024 | $2,798 +7.5% | $156,218 +10% |
| 2023 | $2,601 +15.8% | $142,017 +10% |
| 2022 | $2,247 +6.4% | $129,107 +10% |
| 2021 | $2,111 +12.1% | $117,370 +10% |
| 2020 | $1,884 -5.4% | $106,700 -4.8% |
| 2019 | $1,991 +13.2% | $112,090 +10% |
| 2018 | $1,759 | $101,900 +17.7% |
| 2017 | $1,759 +15% | $86,542 +10% |
| 2016 | $1,530 +9.5% | $78,675 +10% |
| 2015 | $1,398 +9.7% | $71,523 +10% |
| 2014 | $1,274 +28.1% | $65,021 +10% |
| 2013 | $995 | $59,110 +10% |
| 2012 | $995 -6% | $53,740 -5% |
| 2011 | $1,059 +5.2% | $56,570 +15% |
| 2010 | $1,006 -54.3% | $49,190 -57.7% |
| 2009 | $2,200 -8.4% | $116,420 -10% |
| 2007 | $2,402 +38.3% | $129,360 |
| 2006 | $1,737 | -- |
| 2005 | $1,737 +13.1% | -- |
| 2004 | $1,536 +213.4% | -- |
| 2003 | $490 +118.4% | -- |
| 2002 | $225 | -- |
| 2001 | $225 | -- |
Find assessor info on the county website
Neighborhood: 33172
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Nearby schools
GreatSchools rating
- 8/10Charles R Hadley Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 5/10Ruben Dario Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Miami Coral Park Senior High SchoolGrades: 9-12Distance: 1.4 mi
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Estimated market value
$222,900
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Estimated market value
$222,900
- Florida
- Miami-Dade County
- Fountainbleau
- 33172
- 506 NW 87th Ave Apartment 111
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