Home » Miami » Fernwoods NO 2 at 702 87th Ave Miami » 702 NW 87th Ave 407, Miami, FL 33172 | A11577621

Sold 702 NW 87th Ave 407, Miami, FL 33172

$317,000
closed for a price of $304,000

Property Highlights

Listing ID A11577621 Status of this Listing: Closed Sold Property Type Residential Condominium 2 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,194 Sqft/110.93 m2 approx. Building Area 1,194 Sqft/110.93 m2 approx. COMMUNITY POOL Year Built 1974 Waterfront Has a view of a lake Lease Term Minimum Duration: 365 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 365 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 93 Days

702 NW 87th Ave 407, Miami, FL 33172

Property Description: Welcome to this exceptional 2-bed, 2-bath residence, the largest in the area with 1,194 sqft of LA. This unit in a top-tier condominium offers an unparalleled living experience. Outstanding interior features include in-unit washer/dryer, fully equipped kitchen, new air conditioning, and partially updated bathrooms. Enjoy panoramic views from the private balcony. Additionally, it features an assigned parking space and additional storage. Condominium amenities include laundry facilities, pool, tennis court, and barbecue area. Located near supermarkets, shops, and restaurants, and just 15 minutes from Miami International Airport, this property offers tranquility and convenience in the heart of Miami. Contact us for a visit today!

Residential Condominium Sold located at 702 NW 87th Ave 407 Miami FL 33172 in Miami-Dade County referenced as ID MLS # A11577621. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:Other
Previous Asking Price:$325,000
Original List Price:$320,000
Close Price:$304,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
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):4
Entry Level Location:4
Construction Materials:
  • Block
  • Stucco
Flooring:
  • Tile
  • Laminate
Number of stories:4

Property Features

Has View:Yes
View from the Property:
  • Lake
  • Garden
  • Tennis Court
Waterfront:Yes
Waterfront Features:
  • Lake Front
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
  • Elevator Secured
  • Fire Alarm
Furnished:
  • Unfurnished
Accessibility Features:
  • Other
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
Interior Features:
  • Breakfast Bar
  • Living/dining Room
  • Pantry
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Entrance Foyer
  • Elevator
Exterior Features:
  • Barbecue
  • Balcony
  • Tennis Court(s)
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Other
Laundry Features:
  • Common Area
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Building Features:
  • Exterior Lighting
Property Entrance Faces:
  • South

Taxes and Expenses

Tax Annual Amount:$320

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:2023
Association Fee:$340
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax,Tax Reflects Other Tax Exemption

Terms

Disclosures:
  • Special Assessment
  • Seller Disclosure
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
  • Close Of Escrow
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Trash
  • Laundry
  • Barbecue
  • Storage
  • Elevator(s)
  • Picnic Area
  • Tennis Court(s)
Subdivision Name:FERNWOODS CONDO NO 2 BLDG
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Water
  • Trash
  • Pool(s)
  • Maintenance Structure
  • Common Areas
  • Other
  • Association Management
  • Insurance
  • Parking
  • Laundry
Complex Name:FERNWOODS CONDO 2
Senior Community:No
Development Name:The Pecanwoods
Restrictions: Corporate Buyer OK, Limited Number of Vehicles, No Recreational Vehicles RV, No Truck, See Remarks

Parking

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

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Jack Gordon
High School:Miami Coral Park
Middle Or Junior School:Ruben Dario

More Details

Other Information:
Unit ViewGarden View,Lake,Tennis Court View
Housing Older Persons ActNo HOPA
Unit DesignOther,West Of Us1
Type of AssociationCondo
Minimum Number of Days for Lease365
Type of Governing BodiesCondominium
Pet Fee0
Tax InformationTax Reflects City & County Tax,Tax Reflects Other Tax Exemption
Number of times allowed to lease per year1
Flood ZoneAH
Building Number702
Homeowner's Association Application Fee200
Rooms DescriptionGreat Room,Storage Room,Utility Room/Laundry
Style Condo 1-4 Stories
FEMA Flood Zone DesignationsAH
Municipal Code30
Subdivision Number25
Buy StateFlorida
Buyer Country of ResidenceUSA
Water Access Description:None

Zoning and Legal

Tax Legal Description:FERNWOODS CONDO NO 2 BLDG 904 UNIT 407 - 4TH FLOOR UNDIV 1.2215% INT IN COMMON ELEMENTS CLERKS FILE 74R 209358 OR 16120-5249 1093 1
Real Estate Folio Number (Parcel Number):30-40-04-025-0950
Public Survey Township:30
Public Survey Range:40
Public Survey Section:4

Listing History

Update/EventDate/Days
Published Date:May 6, 2024 4:06 pm
On Market Date:May 6, 2024
Close Date:August 7, 2024
Price Change Date Time:June 19, 2024 7:08 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:August 9, 2024 11:02 am
Status Last Changed:August 9, 2024 11:02 am
Photos Last Modified:June 19, 2024 11:20 pm
Last Modified:August 9, 2024 3:03 pm
Days on the Market Reference Date:August 9, 2024
Days on the Market (updated on Last Modified*):55
Cumulative Days on the Market (updated on Last Modified**):55

Additional Information

Unit Location:Other,West Of Us1
Number of Photos:32
Location:,,
Included:,,
Area:40
Courtesy of:Island Living Realty, LLC
Universal Property Id:US-12025-N-3040040250950-R-N

Location

Show Property Address:Yes
Street Name:87th Ave
Street Number:702
Street Direction Prefix:NW
Street Address:702 NW 87th Ave 407
Unit Number:407
City : Miami
State : Florida
Zip Code : 33172
County : Miami-Dade County
Full Address:702 NW 87th Ave 407, Miami, FL 33172
Latitude:N25° 46' 34.3''
Longitude:W81° 39' 46.3''

Neighborhood

Postal City:Miami

Property Map

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