Home » Miami » Fernwoods NO 2 at 702 87th Ave Miami » 702 NW 87th Ave 208, Miami, Florida 33172 | A11387806

702 NW 87th Ave 208, Miami, Florida 33172 | Sold

$245,000
closed for a price of $237,500

Property Highlights

Listing ID A11387806 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 1 Bathrooms Total 1 Full Bath 1 Half Bath Living Space 839 Sqft/77.95 m2 approx. Building Area 839 Sqft/77.95 m2 approx. COMMUNITY POOL Year Built 1974 Waterfront Has a view of a lake Lease Term Minimum Duration: 30 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 30 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 49 Days
12 Photos of this Property

702 NW 87th Ave 208, Miami, Florida 33172

Property Description: Great opportunity for investors or first time home buyers - come to see this beautiful apartment that features 1 bedroom 1 bath in excellent conditions; 839 SqFt , all title apt with eat-in kitchen w pantry. Washer & Dryer in the unit and full laundry facility in the building. Huge bedroom with walk in closets , lot of closets spaces, screened balcony , lots of guest parking. Conveniently located on 87 Ave & 7 St NW two blocks from 836 express way, 10 minutes away from MIA. Fernwoods condo No. 2 has plenty of amenities such as swimming pool, tennis court, recreational areas, well-kept gardens. Maintenance fee includes water service. Unit is Rented until 08/08/2023 DO NOT DISTURB TENANTS!

Useful Info

Contingency:No Contingencies
Original List Price:$245,000
Close Price:$237,500
More Listings Same Building:Fernwoods NO 2 at 702 87th Ave Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural Style:
  • Other
Entry Level (floor):2
Entry Level Location:2
Construction Materials:
  • Block
Flooring:
  • Ceramic Tile
Number of stories:4

Property Features

Has View:Yes
View from the Property:
  • Lake
  • Water
Waterfront:Yes
Waterfront Features:
  • Lake Front
Swimming Pool Features:
  • Association
Appliances:
  • Dryer
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
Interior Features:
  • Breakfast Area
  • Kitchen/dining Combo
  • Bedroom On Main Level
  • Elevator
  • Second Floor Entry
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Screened
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Ceiling Fan(s)
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Building Features:
  • Exterior Lighting

Taxes and Expenses

Tax Annual Amount:$2,410

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$230
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • No Pet Restrictions
  • No
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Laundry
  • Storage
  • Elevator(s)
  • Tennis Court(s)
Subdivision Name:FERNWOODS CONDO NO 2 BLDG
Association Fee Includes:
  • Maintenance Grounds
  • Water
  • Trash
  • Common Areas
  • Insurance
  • Parking
  • Legal/accounting
  • Amenities
Complex Name:FERNWOODS
Senior Community:No
Restrictions: Limited Number of Vehicles, No Recreational Vehicles RV, No Truck, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • One Space
  • Guest
  • Open

More Details

Other Information:
Unit View: Lake,Water View
Housing Older Persons Act: Unverified
Water Access: None
Buy State: Florida
Unit Design: Other
Type of Association: Condo
Minimum Number of Days for Lease: 30
Type of Governing Bodies: Condominium
Tax Information: Tax Reflects No Exemptions,Tax Reflects No Homestead Tax
Buyer Country of Residence: USA
Number of times allowed to lease per year: 1
Flood Zone : AH
Homeowner's Association Application Fee: 100
Style: Condo 1-4 Stories
FEMA Flood Zone Designations: AH
Municipal Code: 30
Subdivision Number: 25

Zoning and Legal

Tax Legal Description:FERNWOODS CONDO NO 2 BLDG 904 UNIT 208 - 2ND FLOOR UNDIV .8259% INT IN COMMON ELEMENTS CLERKS FILE 74R 209358 CF 74R 230736 OR 16926-0835 07
Real Estate Folio Number (Parcel Number):30-40-04-025-0710
Public Survey Township:30
Public Survey Range:40
Public Survey Section:4

Listing History

Update/EventDate/Days
Published Date:May 19, 2023 12:00 am
On Market Date:May 12, 2023
Close Date:July 7, 2023
Price Change Date Time:May 15, 2023 2:20 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:July 10, 2023 1:30 pm
Status Last Changed:July 10, 2023 1:30 pm
Photos Last Modified:May 24, 2023 6:12 pm
Last Modified:July 10, 2023 5:31 pm
Days on the Market (updated on Last Modified*):21
Cumulative Days on the Market (updated on Last Modified**):21

Additional Information

Unit Location:Other
Number of Photos Count:12
Area:40
Ref ID:1037628057
Courtesy of:The Corcoran Group
Universal Property Id:US-12025-N-3040040250710-R-N

Location

Show Property Address:Yes
Street Name:87th Ave
Street Number:702
Street Direction Prefix:NW
Street Address:702 NW 87th Ave 208
Unit Number:208
City : Miami
State : Florida
Zip Code : 33172
County : Miami-Dade County
Full Address:702 NW 87th Ave 208, Miami, Florida 33172
Latitude:N25° 46' 34.3''
Longitude:W81° 39' 46.3''

Neighborhood

Postal City:Miami

Property Map

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