PARK EAST CONDO

40 NW 87th Ave # D216, Miami FL 33172

2 beds · 2 baths · 1,196 ft²

Closed

$2,600

3.70%

Est. Payment $14/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,196

Sq. Ft.

1972

Year Built

2

Garage

2

Stories

43

Days on Market

Description

Location, Location, Location! Beautiful 2-story condo unit located on the 2nd floor, featuring 2 bedrooms, 1 full bathroom, and 2 half bathrooms. The first floor offers a spacious kitchen, living and dining areas, a half bathroom, and a versatile den that can be used as a third bedroom or home office. Tile flooring throughout the unit. The second floor includes in-unit laundry (washer and dryer), a new AC system, and remodeled bathrooms. Enjoy great community amenities, including a pool and tennis court, all within a secure gated community. Ideally located near the Palmetto and Turnpike expressways, with easy access to public transportation. Walking distance to shopping centers, restaurants, stores, and more.

Facts

MLS#
A12002017
Subdivision
PARK EAST CONDO
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1972
Lot Size
0 sqft
Sq. Ft.
1,196 ft²
Sq. Mt.
111 m²
Price per sq. ft.
$2/ft²
Price per sq. mt.
$23/m²
Stories
2
Garage
2 spaces
Pool
Days on Market
43 days
Listed
Apr 15, 2026
Last Updated
Jun 2, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

June 2026

100/100
Buyers marketSellers market

49

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/2/2026Sold$2,600
4/28/2026Price change$2,600-3.7%
4/15/2026Listed for sale$2,700

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

40 NW 87th Ave # D216, Miami FL 33172Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$8,667

gross income / month to qualify

Monthly rent$2,600
Required annual income$104,000
Security deposit (est.)$2,600
Move-in cost (1st + last + security)$7,800

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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