40 NW 87th Avenue D201, Miami, FL 33172

New Listing

$245,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12047968

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 922 Status: Active

Current Price: $245,000 List Date: 7/03/2026 Last Modified: 7/04/2026

Overview

Description

This well-maintained two-story condominium features 1 bedroom and 1.5 bathrooms and is located on the second floor. The first level offers a functional kitchen, along with a spacious living and dining area. Upstairs, you'll find an oversized bedroom with a large closet, a full bathroom, and a laundry room equipped with a full-size washer and dryer. Located in a highly desirable area of Miami, this property offers excellent amenities, including a community swimming pool and tennis court with low monthly maintenance fees and is currently tenant-occupied, making it an ideal turnkey property for investors seeking immediate passive income

Listing Details MLS# A12047968

General Property Information

Unit Floor #: 2
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: 2
Bathrooms Full: Yes
Bathrooms Half: Yes
Building Area Main: 922
Living Area Main: 922
Adjusted Area Main: 922
Year Built: 1972
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 2

Property Features

Application Information: 3-4 Weeks Approval Association Fee Includes: Common Areas; Maintenance Grounds; Maintenance Structure; Recreation Facility Flooring: Other Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year Parking Features: Assigned; Guest Property Condition: Resale Appliances: Dryer; Electric Range; Refrigerator; Washer Construction Materials: CBS Cooling: Central Air; Electric Association Type: Condominium Heating: Central; Electric Interior Features: Other Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Close Of Escrow Security Features: Security Fence Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Corner/End Unit View: Other Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 245000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 40
Street Direction Prefix: NW
Street Name: 87th
Street Suffix: Avenue
Unit Number: D201
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33172
Postal Code +4: 4528
Postal Zip: 33172
Subdivision Name: PARK EAST CONDO
Area: 2400
Elementary School: Charles R. Hadley
Middle Or Junior School: Ruben Dario
High School: Miami Coral Park
Special Assessment YN: No
Parcel Number: 3040040541070
Subdivision Number: 54
Flood Zone: AH

Financial Information

Association YN: Yes
Association Fee: 309
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 309
Membership Fee Required YN: No
Tax Annual Amount: 3264
Tax Year: 2025
Tax Legal Description: PARK EAST CONDO UNIT D-201 UNDIV .2478265% INT IN COMMON ELEMENTS OFF REC 10940-866 OR 16731-0319 0395 1

Status Change Information

Major Change Timestamp: 2026-07-03T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-04

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Leasing Permitted Details

Leasing Permitted YN: Yes
Okay To Lease: Yes
Okay To Lease During First Year: Yes

Parking Information

Open Parking Spaces: Yes

Leasing Restrictions

Leasing - Max Times Per Year: Yes
Leasing - Minimum Number of Days: 365

Price Calculations

Current Price To SqFt: 265.72

Section Details

Parcel Number MLX: 1070

Originating Details

Originating System Key: 522973413
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

3-4 Weeks Approval: Yes

Amenities

Other: Yes

Association Fee Includes

Common Areas: Yes
Maintenance Grounds: Yes
Maintenance Structure: Yes
Recreation Facility: Yes

Flooring

Other: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

View

Other: Yes

Heating

Central: Yes
Electric: Yes

Unit Description

Corner/End Unit: Yes

Appliances

Dryer: Yes
Electric Range: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes

Interior Features

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Security Fence: Yes

Cooling

Central Air: Yes
Electric: Yes

Association Type

Condominium: Yes

Master Bedroom/Bath

Other: Yes

Pets Allowed YN

Yes: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Listing Office: Legacy Group Real Estate, LLC.

Last Updated: July - 04 - 2026

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40 NW 87th Avenue D201, Miami, FL 33172 (MLS# A12047968)