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$245,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 842 Sq. Ft.
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Rare opportunity-only unit currently for sale in the building. Enjoy beautiful lake views from this spacious residence featuring a newly renovated bathroom (pic coming soon). Condo has a recently completed the 50 year certification providing peace of mind for years to come. Excellent location near FIU, Dolphin Mall, with easy to access to major highways 826 & 836. Washer and dryer in the unit, assigned parking and guests parking. Perfect for investors or future residents- currently rented from Nov 1st 2025 through October 30th 2026 to an excellent tenants paying $ 1900 /month. A special assessment of $ 96.17/month is in place until January 2027. Very low maintenance fees makes this a smart and affordable investment.

Full Property Details for 502 NW 87th Ave #302

General

  • Price: $245,000
  • HOA FEE: $246/month
  • Taxes: $3,061 (2024)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11897514
  • Updated: 10/21/2025
  • Added to Site: 93 day(s) ago

Interior

  • Interior Features: Elevator, Walk-In Closet(s)
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Furnishings: Unfurnished
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: None

Additional Information

  • Shared Amenities: Elevator(s), Heated Pool, Tennis Court(s)
  • Maint. Includes: All Amenities, Common Area, Landscaping/Lawn Maintenance, Outside Maintenance, Pest Control Interior, Pool Service, Security, Sewer, Trash Removal, Water
  • Security/Safety: Smoke Detector, Security Patrol

Exterior

  • Exterior Features: Open Balcony, Tennis Court(s)
  • Deck/Patio: Open Balcony

Parking

  • Parking Features: 1 Space, Assigned, Guest, No Rv/Boats, No Trucks/Trailers

Location

  • Area: Fernwoods No 4 Condo Bldg
  • County: Miami-Dade County
  • Subdivision: FERNWOODS NO 4 CONDO BLDG
  • Building Name: FERNWOODS NO 4 CONDO BLDG

School Information

  • Middle School: Ruben Dario

Community

  • Community Name: Fernwoods No 4 Condo Bldg
  • Association: Yes
  • Pets Allowed: Yes

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central

Structural Information

  • Architectural Style: Corner Unit
  • Structure Type: Condo 1-4 Stories, Condo
  • Detached/Attached: Attached
  • Construction: CBS Construction
  • Windows: Hurricane Shutters
  • Entry Floor Number: 3
  • Building Size: 842
  • Square Feet: 842
  • Living Area: 842 Sq. Ft.
  • Year Built: 1975

Lot Features

  • Property View: Lagoon, Lake, Water View

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Lagoon, Lake

Financial Considerations

  • Price Per Sq. Ft.: $290.97
  • Association Fee: $246
  • Assoc Fee Freq.: Monthly
  • Tax Amount: $3,061
  • Tax Year: 2024
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: FERNWOODS NO 4 CONDO BLDG 902 UNIT 302 UNDIV 1.2433% INT IN COMMON ELEMENTS CLERKS FILE 75R69147 COC 23565-1199 07 2005 1
  • Restrictions: Corporate Buyer OK, Ok To Lease, Okay To Lease 1st Year
  • Inclusions: None
  • Property ID: 30-40-04-032-0440

Listed by Dezer Platinum Realty LLC

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Listing agent

— 502 NW 87th Ave #302 —

  • Dezer Platinum Realty LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 502 NW 87th Ave #302

School District:Dade County School District
NameGradesDistance
Charles R Hadley Elementary School
8400 Northwest 7th Street, Miami, FL 33126
PK-50.3 mi
Ruben Dario Middle School
350 Northwest 97th Avenue, Miami, FL 33172
6-81.1 mi
Miami Coral Park Senior High School
8865 Southwest 16th Street, Miami, FL 33165
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 502 NW 87th Ave #302 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/16/2025
Listed
$245,000
107.63%
MLS
2/19/2014
Sold
$118,000
—
Public Record
Get Price Alerts and Save Property
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 for 502 NW 87th Ave #302

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,061
8%
$196,630
6%
2023
$2,847
24%
$185,500
39%
2021
$2,295
-6%
$133,860
-9%
2022
$2,443
6%
$147,246
26%
2021
$2,295
13%
$116,400
2%
2019
$2,026
12%
$114,064
10%
2018
$1,812
10%
$103,695
10%
2017
$1,651
3%
$94,269
5%
2016
$1,606
-2%
$89,780
—
2015
$1,639
25%
$89,780
34%
2014
$1,311
16%
$66,913
10%
2013
$1,132
—
$60,830
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Dezer Platinum Realty LLC

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502 NW 87th Ave #302, Miami, FL 33172 (MLS# A11897514) is a Condo property with 1 bedroom and 1 full bathroom. 502 NW 87th Ave #302 is currently listed for $245,000 and was received on October 16, 2025. Want to learn more about 502 NW 87th Ave #302? 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.

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