NOT LISTED FOR SALE

702 NW 87th Ave Unit 407 Miami, FL 33172

Fontainebleau East Neighborhood

Estimated Value: $279,000 - $289,786

2 Beds
2 Baths
1,194 Sq Ft
$340/ mo HOA Fee

Last Sold August 07, 2024

Last sale price $304,000 $255 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,859/month

92 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Closet Cabinetry
  • Great Room
  • Balcony
  • Entrance Foyer

About This Home

As of August 2024

Welcome to this exceptional 2-bed, 2-bath residence, the largest in the area with 1,194 sqft of LA. This unit in a top-tier condominium offers an unparalleled living experience. Outstanding interior features include in-unit washer/dryer, fully equipped kitchen, new air conditioning, and partially updated bathrooms. Enjoy panoramic views from the private balcony. Additionally, it features an assigned parking space and additional storage. Condominium amenities include laundry facilities, pool, tennis court, and barbecue area. Located near supermarkets, shops, and restaurants, and just 15 minutes from Miami International Airport, this property offers tranquility and convenience in the heart of Miami. Contact us for a visit today!

Last Agent to Sell the Property

Aldo Carcedo Aguiar

Island Living Realty, LLC License #3285565 Listed on: 05/06/2024

Last Buyer's Agent

Sidney Martinez

EXP Realty South LLC License #3595426

EXP Realty South LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $320

Year Built

  • Built in 1974

Lot Details

  • Lake Front
  • South Facing Home

HOA Fees

  • $340 Monthly HOA Fees

Property Views

  • Lake
  • Garden
  • Tennis Court

Home Design

  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,194 Sq Ft Home
  • 4-Story Property
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Storage Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Guest Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Outdoor Grill

Location

  • West of U.S. Route 1

Schools

  • Hadley; Charles R. Elementary School
  • Ruben Dario Middle School
  • Miami Coral Park High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 30-40-04-025-0950

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Trash Chute
  • Laundry Facilities
  • Community Storage Space
  • Elevator

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Secure Elevator
  • Secure Stairs
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$320

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Directions: Utilize your GPS. Very easy access via FL 826, FL 836, or the Turnpike
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: FERNWOODS CONDO NO 2 BLDG,The Pecanwoods
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Great Room, Storage, Utility Room/Laundry
  • Accessibility Features: Other Bath Modificat, Accessibly Equipped
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1194
  • Possible Use: Primary
  • Stories: 4
  • Window Features: Other Windows
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Great Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View, Lake, Tennis Court View
  • Exterior Features: Other, West Of Us1, Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: Concrete Block Construction, CBS Construction, Stucco
  • Direction Faces: South
  • Disclosures: Disclosure
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: FERNWOODS CONDO 2
  • Parking Features: 1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Common Area
  • Security: Smoke Detector, Elevator Secure, Fire Alarm, Stairs Secured

Condo/Co-op/Association

  • Association Fee: 340
  • Amenities: Barbecue, Laundry, Elevator(s), Exterior Lighting, Storage, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Hadley; Charles R.
  • High School: Miami Coral Park
  • Middle Or Junior School: Ruben Dario

Lot Info

  • Parcel Number: 30-40-04-025-0950

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 320

Multi Family

  • Number Of Units In Community: 50
  • Number Of Units Total: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2026
Sold by
Cordero Mary
Bought by
Rodriguez Phillip and Cordero Mary
Current Estimated Value
$286,697

Purchase Details

Listed on
May 6, 2024
Closed on
Jul 29, 2024
Sold by
Portela Gladys and Portela Jose Miguel
Bought by
Cordero Mary
Seller's Agent
Aldo Carcedo Aguiar
Island Living Realty, LLC
Buyer's Agent
Sidney Martinez
EXP Realty South LLC
List Price
$320,000
Sold Price
$304,000
Premium/Discount to List
-$16,000
-5%
Views
77

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.57%
Original Mortgage
$14,203
Interest Rate
9.5%

Purchase Details

Closed on
Jun 8, 2023
Sold by
Portela Rodriguez Jose M and Portela Miguel Portela-Rodriguez
Bought by
Portela Jose M and Portela Gladys

Purchase Details

Closed on
Oct 28, 1993
Sold by
Brubaker William W and Brubhaker Jean Y
Bought by
Portela Rodriguez Jose Miguel and Fernandez De Portela Gladys
Source: Public Records
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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
Rodriguez Phillip -- None Listed On Document
Cordero Mary $304,000 Floridian Title Company
Cordero Mary $304,000 Floridian Title Company
Portela Jose M -- None Listed On Document
Portela Gladys -- None Listed On Document
Portela Rodriguez Jose Miguel $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cordero Mary $14,203
Previous Owner Cordero Mary $284,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2024 08/07/24 Sold $304,000 -4.1% $255 / Sq Ft
06/19/2024 06/19/24 Price Changed $317,000 -2.5% $265 / Sq Ft
05/29/2024 05/29/24 Price Changed $325,000 +1.6% $272 / Sq Ft
05/06/2024 05/06/24 For Sale $320,000 -- $268 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $332 $238,875 -- --
2024 $320 $77,678 -- --
2023 $320 $75,416 $0 $0
2022 $333 $73,220 $0 $0
2021 $339 $71,088 $0 $0
2020 $336 $70,107 $0 $0
2019 $327 $68,531 $0 $0
2018 $300 $67,254 $0 $0
2017 $302 $65,871 $0 $0
2016 $311 $64,517 $0 $0
2015 $320 $64,069 $0 $0
2014 $330 $63,561 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Aldo Carcedo Aguiar

    Seller's Agent in 2024

    Aldo Carcedo Aguiar

    Island Living Realty, LLC

    (786) 554-7273

    1 in this area

    13 Total Sales

    Aldo Carcedo Aguiar
    Section Image

  • S

    Buyer's Agent in 2024

    Sidney Martinez

    EXP Realty South LLC

    (786) 351-1080

    1 in this area

    16 Total Sales

    Sidney Martinez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11577621

MIAMI REALTORS® MLS

APN: 30-4004-025-0950

Florida Miami/Dade County Miami 33126 Fontainebleau East

702 NW 87th Ave Unit 407, Miami, FL

Not Listed for Sale

Condos

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