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.
Listed by Andrea Tarallo
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License #3343751
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Dezer Platinum Realty LLC
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786-877-3891
Last updated October 22, 2025
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Source: MIAMIRE #A11897514
Listing Facts
TypeCondo
NeighborhoodFontainbleau Park East
Bedrooms1
Bathrooms1
Days on Prevu6
HOA/Maint. Fees$246/month
Taxes$3,061/year
Size842 sqft
Price per sqft$291
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Air Conditioning
Elevator
Parking
Location
Mortgage Calculator
Listing History
10/16/2025
Listed by Dezer Platinum Realty LLC
$245,000
Property Details for 502 NW 87th Ave 302
Association
Amenities
Association Amenities: Elevator(s), Heated Pool, Tennis Court(s)
Pets Allowed: Maximum 20 Lbs
Fees
Association Fee: $246.00 Monthly
Association Fee Includes: All Amenities, Common Area, Landscaping/Lawn Maintenance, Outside Maintenance, Pest Control Interior, Pool Service, Security, Sewer, Trash Removal, Water
Exterior
Construction
Property Attached: Yes
Stories Total: 3
Structure Type: Condo 1-4 Stories, Condo
Window Features: Hurricane Shutters
Year Built: 1975
Year Built Details: Effective Year Built
Architectural Style: Corner Unit
Building Name: FERNWOODS NO 4 CONDO BLDG
Construction Materials: CBS Construction
Entry Level: 3
Exterior Features: Open Balcony, Tennis Court(s)
Features
Patio And Porch Features: Open Balcony
View: Lagoon, Lake, Water View
Waterfront Features: Lagoon, Lake
Waterfront: Yes
Measurements
Building Area Total: 842
Building Area Units: Square Feet
Lot Size Units: Square Feet
Financial
Taxes
Parcel Number: 30-40-04-032-0440
Tax Annual Amount: $3,061.00
Tax Year: 2024
Interior
Features
Appliances: Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Flooring: Tile
Interior Features: Elevator, Walk-In Closet(s)
Measurements
Living Area: 842
Living Area Units: Square Feet
Rooms
Bathrooms Full: 1
Bathrooms Total Integer: 1
Bedrooms Total: 1
Other
Location
Subdivision Name: FERNWOODS NO 4 CONDO BLDG
Parking
Parking
Parking Features: 1 Space, Assigned, Guest, No Rv/Boats, No Trucks/Trailers
Schools
Middle or Junior School
Middle Or Junior School: Ruben Dario
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.