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$245,000
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Property Description
This well-maintained two-story condominium features 1 bedroom and 1.5 bathrooms and is located on the second floor. The first level offers a functional kitchen, along with a spacious living and dining area. Upstairs, you'll find an oversized bedroom with a large closet, a full bathroom, and a laundry room equipped with a full-size washer and dryer. Located in a highly desirable area of Miami, this property offers excellent amenities, including a community swimming pool and tennis court with low monthly maintenance fees and is currently tenant-occupied, making it an ideal turnkey property for investors seeking immediate passive income
Full Property Details
Full Property Details for 40 NW 87th #D201
General
- Price: $245,000
- Taxes: $3,264 (2025)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A12047968
- Updated: 9/5/2026
- Added to Site: 68 day(s) ago
Interior
- Appliances: Dryer, Electric Range, Refrigerator, Washer
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony, Open
Parking
- Parking Features: Assigned, Guest
Location
- Area: 2400
- County: Miami-Dade
- Subdivision: Park East
Community
- Community Name: 2400
- Assoc. Fees Include: Common Areas, Recreation Facilities
- Pets Allowed: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Electric
- Heating Type: Central, Electric
Structural Information
- Construction: Block, Concrete
- Entry Floor Number: 2
- Square Feet: 922
- Living Area: 922 Sq. Ft.
- Year Built: 1972
- Property Condition: Resale
Lot Features
- Property View: Other
Financial Considerations
- Tax Amount: $3,264
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: PARK EAST CONDO UNIT D-201 UNDIV .2478265% INT IN COMMON ELEMENTS OFF REC 10940-866 OR 16731-0319 0395 1
- Property ID: 30-40-04-054-1070
Listed by Legacy Group Real Estate, LLC.
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Schools
Schools serving 40 NW 87th #D201
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Charles R Hadley Elementary School 8400 Northwest 7th Street, Miami, FL 33126 | PK-5 | 0.5 mi |
Ruben Dario Middle School 350 Northwest 97th Avenue, Miami, FL 33172 | 6-8 | 1.1 mi |
Miami Coral Park Senior High School 8865 Southwest 16th Street, Miami, FL 33165 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 40 NW 87th #D201
Date
Details
Price
Change
Source
7/03/2026
Listed
$245,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 40 NW 87th #D201
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,265
8%
$179,152
-12%
2024
$3,031
10%
$203,840
12%
2023
$2,752
25%
$182,000
42%
2021
$2,193
-7%
$127,926
-11%
2022
$2,351
7%
$143,277
29%
2021
$2,193
15%
$111,240
3%
2019
$1,912
7%
$108,000
8%
2018
$1,780
8%
$99,966
2%
2017
$1,642
9%
$98,050
19%
2016
$1,509
3%
$82,618
10%
2015
$1,460
9%
$75,108
10%
2014
$1,342
15%
$68,280
10%
2013
$1,171
—
$62,073
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 40 NW 87th #D201
40 NW 87th #D201, Miami, FL 33172 (MLS# A12047968) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 40 NW 87th #D201 is currently listed for $245,000 and was received on July 03, 2026. Want to learn more about 40 NW 87th #D201? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.

