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506 NW 87th Ave 406Miami, FL 33172

For Sale

$325,000

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Top-floor condo with spectacular lakefront views! Located just minutes from FIU, Miami International Airport, Dolphin Mall, and International Mall, and within walking distance to Walmart and nearby shops. This bright and spacious unit features a soaring-ceiling living area, a well-sized kitchen, and a large screened balcony perfect for relaxing or entertaining. Completely remodeled unit. Community amenities include a pool, barbecue area, and more. The building has passed the 40-year inspection and features a new roof and updated elevator.

Listed by Anadalys De Armas

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License #3096980

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IL Mare Properties, LLC.

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305-510-9841

Last updated December 06, 2025

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Source: MIAMIRE #A11923680

Listing Facts

  • TypeCondo
  • NeighborhoodFontainbleau Park East
  • Bedrooms2
  • Bathrooms2
  • Days on Prevu8
  • HOA/Maint. Fees$364/month
  • Taxes$1,970/year
  • Size1,194 sqft
  • Price per sqft$272

Amenities

  • Private Outdoor Space
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Elevator
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

12/02/2025
Listed by IL Mare Properties, LLC.
$325,000

Property Details for 506 NW 87th Ave 406

Association

Amenities

  • Association Amenities: Elevator(s), Pool
  • Pets Allowed: Maximum 20 Lbs

Fees

  • Association Fee: $364.00 Monthly
  • Association Fee Includes: All Amenities, Building Exterior, Common Area, Insurance, Landscaping/Lawn Maintenance, Legal/Accounting, Outside Maintenance, Parking, Pool Service, Recreation Facilities, Reserve Fund, Roof Repairs, Security, Sewer, Trash Removal, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 4
  • Structure Type: Condo 1-4 Stories, Condo
  • Window Features: Complete Accordian Shutters
  • Year Built: 1974
  • Year Built Details: Effective Year Built
  • Building Name: Fernwoods
  • Construction Materials: Concrete Block With Brick, CBS Construction
  • Entry Level: 4
  • Exterior Features: Other, Open Balcony

Features

  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • View: Lake
  • Waterfront Features: Lake
  • Waterfront: Yes

Measurements

  • Building Area Total: 1,194
  • Building Area Units: Square Feet
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 30-40-04-025-0440
  • Tax Annual Amount: $1,970.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Ceramic Floor
  • Interior Features: Elevator, Walk-In Closet(s), Other

Measurements

  • Living Area: 1,194
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 2

Other

Location

  • Subdivision Name: FERNWOODS CONDO NO 2 BLDG

Parking

Parking

  • Parking Features: 1 Space, Limited # Of Vehicle

Schools

Elementary School

  • Elementary School: Hadley; Charles R.

High School

  • High School: Miami Coral Park

Middle or Junior School

  • Middle Or Junior School: Ruben Dario

Utilities

Equipment

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Has Cooling: Yes
  • Heating: Central, Electric
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 2 bedrooms and 2 bathrooms in this condo at 506 NW 87th Ave 406.

What schools are nearby to 506 NW 87th Ave 406?

Nearby schools include the Hadley; Charles R. Elementary School, Ruben Dario Middle School, and Miami Coral Park High School.

Are pets allowed at 506 NW 87th Ave?

Yes, 506 NW 87th Ave allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 506 NW 87th Ave 406?

Annual taxes for this condo are estimated at $1,970.

How does 506 NW 87th Ave 406 compare to other condos in Fontainbleau Park East?

This condo is listed 9% above the average price for condos in Fontainbleau Park East and has been on the market for 96 less days than the typical home in this area.

What building or home owners association is the condo part of?

This condo is in the Fernwoods building.

What is the square footage on this condo?

According to the MLS, this listing is 1,194 sqft.

506 NW 87th Ave 406 is a 2-bedroom, 2-bath condo for sale in Miami FL 33172. On Prevu for 8 days at $325,000. This property features 1,194 square feet of living space, located in Fontainbleau Park East. The median listing price for condos in this area is $293,750. Nearby schools include Hadley; Charles R. Elementary School, Ruben Dario Middle School, and Miami Coral Park High School. Property amenities include private outdoor space, pets allowed, elevator, air conditioning, parking, swimming pool, and washer/dryer. View other condo listings in Miami-Dade County.

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.

Full MLS Disclaimers

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.