NOT LISTED FOR SALE

506 NW 87th Ave Unit 107 Miami, FL 33172

Fontainebleau East Neighborhood

Estimated Value: $276,000 - $307,000

2 Beds
2 Baths
1,194 Sq Ft
$268/mo HOA Fee

Last Sold July 23, 2021

Last sale price $185,000 $155 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $2,182/month

12 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Ceramic Tile Flooring
  • Soaking Tub in Primary Bathroom
  • Tennis Courts
  • Central Heating and Cooling System

About This Home

As of July 2021

Large ground floor apartment with great Lake View, 2 Bedroom/2 Baths. The unit has Washer& Dryer. The bathrooms need remodeling and a new water heater. A/C is 4 years old. Owner Occupied. Open to Offers. "As is Condition". Great location, close to 836 Expressway, and close to nearby restaurants, supermarkets, pharmacies, etc.

Last Agent to Sell the Property

Mayra Alvarez

Avanti Way Realty LLC License #0505792 Listed on: 06/08/2021

Avanti Way Realty LLC

Last Buyer's Agent

Eduardo Azofra

Fortune Christie's Intl R.E. License #3040502

Fortune Christie's Intl R.E.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1974

Lot Details

  • Lake Front

HOA Fees

  • $268 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Interior Spaces

  • 1,194 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 30-40-04-025-0070

Community Details

Overview

  • Low-Rise Condominium
  • Fernwoods Condominium Condos
  • Fernwoods Condo No 2 Bldg Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,431

Year Built

Built in 1974

Lot Details

0

HOA Fees

$268 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Directions: Coming from the north bldg is on the right side on 87 Ave NW 5th St. Comming from the South the building is on the left had side on 87th Ave.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: FERNWOODS CONDO NO 2 BLDG
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1194
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Tub Only

Exterior Features

  • View: Lake
  • Exterior Features: Exterior Cat Walk, None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Fernwoods Condominium
  • Parking Features: 1 Space, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 268
  • Amenities: Laundry, Elevator(s), Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-40-04-025-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 268

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2431

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 23, 2021
Sold by
Presentado Hugo
Bought by
Blanco Calixto and Blanco Maritza H
Seller's Agent
Mayra Alvarez
Avanti Way Realty LLC
Buyer's Agent
Eduardo Azofra
Fortune Christie's Intl R.E.
List Price
$210,000
Sold Price
$185,000
Premium/Discount to List
-$25,000
-11.9%
Current Estimated Value
$292,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,139
Avg. Annual Appreciation
12.29%

Purchase Details

Listed on
Sep 12, 2013
Closed on
Dec 11, 2013
Sold by
Holem Realty Group Llc
Bought by
Vasco Dominga and Presentado Hugo
Seller's Agent
Franco Schmatz
Pico Alto Realty Corp
Buyer's Agent
Mayra Alvarez
Avanti Way Realty LLC
List Price
$159,900
Sold Price
$135,000
Premium/Discount to List
-$24,900
-15.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%

Purchase Details

Closed on
Aug 21, 2013
Sold by
Fernandez Rubio Raul
Bought by
Holem Realty Group Llc

Purchase Details

Closed on
May 27, 1994
Sold by
Hastings Billy S and Hastings Gail
Bought by
Rubio Raul Fernandez
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Blanco Calixto $85,000 World Trust Title Llc
Vasco Dominga $135,000 Attorney
Holem Realty Group Llc $80,100 None Available
Rubio Raul Fernandez $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Rubio Raul $258,000
Previous Owner Rubio Raul Fernandez $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $185,000 -11.9% $155 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $210,000 +55.6% $176 / Sq Ft
12/11/2013 12/11/13 Sold $135,000 -3.5% $113 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
10/23/2013 10/23/13 Price Changed $139,900 -3.5% $117 / Sq Ft
10/14/2013 10/14/13 Price Changed $145,000 -3.3% $121 / Sq Ft
09/26/2013 09/26/13 Price Changed $149,900 -6.3% $126 / Sq Ft
09/11/2013 09/11/13 For Sale $159,900 -- $134 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

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 $3,781 $238,875 -- --
2024 $3,597 $220,220 -- --
2023 $3,597 $200,200 $0 $0
2022 $3,102 $182,000 $0 $0
2021 $2,725 $151,470 $0 $0
2020 $2,431 $137,700 $0 $0
2019 $2,390 $135,000 $0 $0
2018 $882 $120,096 $0 $0
2017 $865 $117,626 $0 $0
2016 $857 $115,320 $0 $0
2015 $886 $115,320 $0 $0
2014 $1,793 $96,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mayra Alvarez

    Seller's Agent in 2021

    Mayra Alvarez

    Avanti Way Realty LLC

    (305) 216-4636

    1 in this area

    5 Total Sales

    Section Image
  • Eduardo Azofra

    Buyer's Agent in 2021

    Eduardo Azofra

    Fortune Christie's Intl R.E.

    (305) 856-2600

    1 in this area

    31 Total Sales

    Section Image

  • F

    Seller's Agent in 2013

    Franco Schmatz

    Pico Alto Realty Corp

    (786) 401-6316

    7 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11054217

MIAMI REALTORS® MLS

APN: 30-4004-025-0070

Florida Miami/Dade County Miami 33172 Fontainebleau East

506 NW 87th Ave Unit 107, Miami, FL

This home is located at 506 NW 87th Ave Unit 107, Miami, FL 33172 since 08 June 2021 and is currently estimated at $287,915, approximately $241 per square foot. This property was built in 1974. 506 NW 87th Ave Unit 107 is a home located in Miami-Dade County with nearby schools including Charles R Hadley Elementary School, Ruben Dario Middle School, and Miami Coral Park Senior High School.

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.

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