Top-floor condo with spectacular lakefront views! Located just minutes from FIU, Miami International Airport, Dolphin Mall, and International Mall, and within walking distance to Walmart and nearby shops. This bright and spacious unit features a soaring-ceiling living area, a well-sized kitchen, and a large screened balcony perfect for relaxing or entertaining. Completely remodeled unit. Community amenities include a pool, barbecue area, and more. The building has passed the 40-year inspection and features a new roof and updated elevator.
Sold for $320,000
Zestimate®
$320,000
506 NW 87th Ave APT 406, Miami, FL 33172
2beds
1,194sqft
Condominium
Built in 1974
-- sqft lot
$320,000 Zestimate®
$268/sqft
$2,398 Estimated rent
Home value
$320,000
$282,000 - $365,000
$2,398/mo
Zestimate® history
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List your homeWhat's special
New roofBright and spacious unitSpectacular lakefront viewsWell-sized kitchen
Zillow last checked:
Listing updated:
Listed by:
Anadalys De Armas 305-510-9841,
IL Mare Properties, LLC.
Bought with:
Andres Gutierrez Stefani
Area Co. Real Estate, LLC.
Source: MIAMI,MLS#: A11923680
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
Features
- Elevator, Walk-In Closet(s), Other
- Flooring: Ceramic Tile
- Windows: Complete Accordian Shutters
Interior area
- Total structure area: 1,194
- Total interior livable area: 1,194 sqft
Property
Parking
- Parking features: 1 Space, Limited # Of Vehicle
Features
- Exterior features: Other, Balcony
- Pool features: Association
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
Details
- Parcel number: 3040040250440
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Block, CBS Construction
Condition
- Year built: 1974
Community & HOA
Community
- Security: Other
- Application fee: $150
- Pet fee: $150 refundable
- Subdivision: Fernwoods Condo No 2 Bldg
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Pool
- HOA fee: $364 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $268/sqft
- Tax assessed value: $238,875
- Annual tax amount: $1,970
- Date on market: 12/2/2025
- Listing terms: All Cash,Conventional
- Ownership: Tenancy In Common
Price history
| Date | Event | Price |
|---|---|---|
| 3/12/2026 | Sold | $320,000-1.5%$268/sqft |
Source:  MIAMI #A11923680 Report a problem | ||
| 2/13/2026 | Pending sale | $325,000$272/sqft |
Source: MIAMI #A11923680 Report a problem | ||
| 12/2/2025 | Listed for sale | $325,000+76.6%$272/sqft |
Source: MIAMI #A11923680 Report a problem | ||
| 8/15/2019 | Sold | $184,000-3.2%$154/sqft |
Source: MIAMI #A10693631 Report a problem | ||
| 7/3/2019 | Pending sale | $190,000$159/sqft |
Source: RE/MAX Advance Realty II #A10693631 Report a problem | ||
| 6/19/2019 | Listed for sale | $190,000-17.4%$159/sqft |
Source: RE/MAX Advance Realty II #A10693631 Report a problem | ||
| 8/30/2008 | Listing removed | $229,900$193/sqft |
Source: Listhub #D1218210 Report a problem | ||
| 5/25/2008 | Listed for sale | $229,900$193/sqft |
Source: Listhub #D1218210 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,970 +3.5% | $156,996 +2.9% |
| 2024 | $1,903 +3.4% | $152,572 +3% |
| 2023 | $1,841 +4.4% | $148,129 +3% |
| 2022 | $1,764 +0.6% | $143,815 +3% |
| 2021 | $1,753 +1.5% | $139,627 +1.4% |
| 2020 | $1,727 +422.2% | $137,700 +100.9% |
| 2019 | $331 +8.9% | $68,531 +1.9% |
| 2018 | $304 | $67,254 +2.1% |
| 2017 | $304 -0.8% | $65,871 +2.1% |
| 2016 | $306 -4.2% | $64,517 +0.7% |
| 2015 | $320 -3.3% | $64,069 +0.8% |
| 2014 | $330 +4.4% | $63,561 +1.5% |
| 2013 | $317 | $62,622 +1.7% |
| 2012 | $317 -42% | $61,576 +3% |
| 2011 | $546 -6.6% | $59,783 +1.5% |
| 2010 | $585 +7.9% | $58,900 +0.4% |
| 2009 | $542 -8.6% | $58,693 +83.8% |
| 2007 | $593 -3.8% | $31,928 |
| 2006 | $617 | -- |
| 2005 | $617 +4% | -- |
| 2004 | $593 +7.8% | -- |
| 2003 | $550 +7.5% | -- |
| 2002 | $512 | -- |
| 2001 | $512 | -- |
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
Schools provided by the listing agent
- Elementary: Hadley; Charles R.
- Middle: Ruben Dario
- High: Miami Coral Park
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$320,000
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$320,000
- Florida
- Miami-Dade County
- Fountainbleau
- 33172
- 506 NW 87th Ave Apartment 406
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