NOT LISTED FOR SALE

506 NW 87th Ave Unit 402 Miami, FL 33172

Fontainebleau East Neighborhood

Estimated Value: $227,252 - $248,000

1 Bed
1 Bath
839 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 21, 2016

Last sale price $104,299 $124 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,588/month

Highlights

  • In Ground Pool
  • No HOA
  • Skylights
  • Home fronts a lagoon or estuary

About This Home

As of October 2022

Beautifull and spacious appartment, living and dinning room, kitchen with extra pantry, balcony with precious lake vieu, Bedroom with walking closet full bath with tube. Extra storage in the first floor of the building. elevator, Pool and tenniss court, 1 reserve parking space and many visitors spaces. Super central location.

Last Agent to Rent the Property

Miriam Veloz

Golden Key Realty Group License #3181400 Listed on: 09/01/2022

Last Renter's Agent

Miriam Veloz

Golden Key Realty Group License #3181400 Listed on: 09/01/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,961

Year Built

  • Built in 1974

Lot Details

  • 25 Ft Wide Lot
  • Home fronts a lagoon or estuary

Interior Spaces

  • 839 Sq Ft Home
  • Skylights

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • In Ground Pool

Schools

  • Coral Park Elementary School
  • Dario; Ruban Middle School
  • Miami Coral Park High School

Listing and Financial Details

  • Property Available on 9/15/22
  • Assessor Parcel Number 30-40-04-025-0400

Community Details

Overview

  • No Home Owners Association
  • Fernwoods Condo No 2 Bldg Condos
  • Fernwoods Condo No 2 Bldg Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,961

Year Built

Built in 1974

Lot Details

0

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2022-09-15

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1974
  • Property Sub Type: Apartment
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Apartments-Annual, Apartment
  • Subdivision Name: FERNWOODS CONDO NO 2 BLDG
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Skylight
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 839
  • Window Features: Skylight

Exterior Features

  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: FERNWOODS CONDO NO 2 BLDG

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Coral Park
  • High School: Miami Coral Park
  • Middle Or Junior School: Dario; Ruban

Lot Info

  • Parcel Number: 30-40-04-025-0400
  • Land Lease Amount Frequency: Annually
  • Zoning: 5000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2015
Closed on
Apr 15, 2016
Sold by
Hsbc Bank Usa National Association
Bought by
Garcia Jamilet
Seller's Agent
Stephen Sibiga
MMLS Assoc.-Inactive Member
Buyer's Agent
Miriam Veloz
Golden Key Realty Group
List Price
$118,800
Sold Price
$104,299
Premium/Discount to List
-$14,501
-12.21%
Current Estimated Value
$244,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,591
Avg. Annual Appreciation
9.33%
Original Mortgage
$78,000
Outstanding Balance
$62,301
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$176,963

Purchase Details

Closed on
Jan 29, 2015
Sold by
Rodriguez Rolando
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jun 15, 2006
Sold by
Martinez Omar
Bought by
Rodriguez Rolando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 7, 2001
Sold by
Madlyn Gormley I
Bought by
Martinez Omar
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Garcia Jamilet $104,000 Premium Title Services Inc
Hsbc Bank Usa National Association $45,700 None Available
Rodriguez Rolando $180,000 Peninsula Title Corp
Martinez Omar $66,583 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jamilet $78,000
Previous Owner Rodriguez Rolando $144,000
Previous Owner Rodriguez Rolando $36,000
Previous Owner Martinez Omar $10,200
Previous Owner Martinez Omar $94,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2022 10/10/22 Rented $1,900 +5.6% --
09/12/2022 09/12/22 Price Changed $1,800 0.0% $2 / Sq Ft
09/12/2022 09/12/22 For Rent $1,800 +2.9% --
09/02/2022 09/02/22 Off Market $1,750 -- --
09/01/2022 09/01/22 For Rent $1,750 +32.1% --
01/15/2019 01/15/19 Rented $1,325 0.0% --
01/07/2019 01/07/19 For Rent $1,325 -4.0% --
08/01/2018 08/01/18 Rented $1,380 -1.4% --
07/27/2018 07/27/18 Under Contract -- -- --
07/20/2018 07/20/18 For Rent $1,400 0.0% --
04/21/2016 04/21/16 Sold $104,299 -4.1% $124 / Sq Ft
02/23/2016 02/23/16 Pending -- -- --
01/09/2016 01/09/16 Price Changed $108,800 -8.4% $130 / Sq Ft
12/16/2015 12/16/15 For Sale $118,800 -- $142 / 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 $2,961 $184,336 -- --
2024 $2,752 $167,579 -- --
2023 $2,752 $152,345 $0 $0
2022 $2,410 $138,496 $0 $0
2021 $2,265 $125,906 $0 $0
2020 $2,021 $114,460 $0 $0
2019 $2,012 $118,000 $0 $0
2018 $1,768 $105,200 $0 $0
2017 $1,602 $91,510 $0 $0
2016 $1,545 $86,330 $0 $0
2015 $1,443 $73,843 $0 $0
2014 -- $67,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Miriam Veloz

    Landlord's Agent in 2022

    Miriam Veloz

    Golden Key Realty Group

    (305) 218-2790

    10 Total Sales

    Section Image

  • M

    Buyer's Agent in 2019

    Marcia Salas

    Realty World Executive Homes

    (786) 306-3869

    18 Total Sales

    Section Image

  • S

    Seller's Agent in 2016

    Stephen Sibiga

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11266395

MIAMI REALTORS® MLS

APN: 30-4004-025-0400

Florida Miami/Dade County Miami 33172 Fontainebleau East

506 NW 87th Ave Unit 402, Miami, FL

This home is located at 506 NW 87th Ave Unit 402, Miami, FL 33172 since 01 September 2022 and is currently priced at $242,063. This property was built in 1974. 506 NW 87th Ave Unit 402 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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