NOT LISTED FOR SALE

502 NW 87th Ave Unit 309 Miami, FL 33172

Fontainebleau East Neighborhood

Estimated Value: $227,000 - $253,000

1 Bed
1 Bath
842 Sq Ft
1975 Built

Sale Details

Date Sold: December 27, 2024

Last sale price $270,000 $321 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $1,730 / mo

42 Days on Market

Highlights

  • Lake Front
  • End Unit
  • Tennis Courts
  • Main Floor Bedroom
  • Community Pool
  • Balcony

About This Home

As of December 2024

Back on the market! Stunning and spacious 1-bedroom, 1-bath unit with lake views! Fully remodeled with stylish finishes throughout, featuring an in-unit washer & dryer, private balcony, and new appliances. Prime Central Miami Location—steps away from shopping centers, top-rated restaurants, major expressways, FIU, Miami International Airport, and public transportation. Move-in ready, great for new home buyers or investors seeking a comfortable and convenient property!

Last Agent to Sell the Property

Maria Acosta

Keller Williams Capital Realty License #3306691 Listed on: 11/07/2024

Keller Williams Capital Realty

Last Buyer's Agent

Odalys Luis

JPM Realty Advisors, LLC License #3095951

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,061

Year Built

  • Built in 1975

Lot Details

  • Lake Front
  • End Unit

HOA Fees

  • $183 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 842 Sq Ft Home
  • 4-Story Property
  • Lake Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-40-04-032-0510

Community Details

Overview

  • Low-Rise Community
  • Fernwood Condos
  • Fernwoods No 4 Condo Bldg Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,061

Year Built

Built in 1975

Lot Details

0 Sq Ft Lot

HOA Fees

$183 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: FERNWOODS NO 4 CONDO BLDG
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Closet Cabinetry, Elevator, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 842
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Tub

Exterior Features

  • View: Lake
  • Exterior Features: Other, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Fernwood
  • Parking Features: 1 Space, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 183
  • Amenities: Elevator(s), Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-40-04-032-0510
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3061

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Dec 24, 2024
Sold by
Bought by
Seller's Agent
Maria Acosta
Keller Williams Capital Realty
Buyer's Agent
Odalys Luis
JPM Realty Advisors, LLC
List Price
$265,000
Sold Price
$270,000
Premium/Discount to List
$5,000
1.89%
Views
12
Current Estimated Value
$240,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,808
Avg. Annual Appreciation
-7.09%
Original Mortgage
$229,500
Interest Rate
0.0684%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
0.05%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 13, 1997
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$270,000 None Listed On Document
$60,000 --
$100 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $229,500
Previous Owner $60,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/27/2024 12/27/24 Sold $270,000 +1.9% $321 / Sq Ft
12/19/2024 12/19/24 Pending -- -- --
11/07/2024 11/07/24 For Sale $265,000 -- $315 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,741 $202,529
2024 $2,847 $170,420
2023 $2,847 $154,928 $0 $0
2022 $2,443 $140,844 $0 $0
2021 $2,295 $128,040 $0 $0
2020 $2,055 $116,400 $0 $0
2019 $1,960 $115,000 $0 $0
2018 $1,725 $103,000 $0 $0
2017 $1,596 $89,060 $0 $0
2016 $1,513 $80,964 $0 $0
2015 $1,467 $73,604 $0 $0
2014 $1,311 $66,913 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Acosta

    Seller's Agent in 2024

    Maria Acosta

    Keller Williams Capital Realty

    (305) 322-1973

    2 in this area

    63 Total Sales

    Maria Acosta
    Section Image
  • Odalys Luis

    Buyer's Agent in 2024

    Odalys Luis

    JPM Realty Advisors, LLC

    (786) 301-4455

    1 in this area

    149 Total Sales

    Odalys Luis
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11690142

MIAMI REALTORS® MLS

APN: 30-4004-032-0510

Florida Miami/Dade County Miami 33126 Fontainebleau East

502 NW 87th Ave Unit 309, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.