FERNWOODS NO 4 CONDO BLDG

502 NW 87th Ave # 403, Miami FL 33172

1 beds · 1 baths · 842 ft²

For Sale · Active Listing

$2,050

Est. Payment $11/mo

MLS Sheet Video

1

Bedrooms

1

Bathrooms

842

Sq. Ft.

1975

Year Built

4

Stories

1

Days on Market

Description

Exceptionally well-maintained corner unit with assigned and abundant guest parking. This spacious residence boasts an open balcony with stunning lake views. Inside, you'll find a beautifully designed kitchen with granite counter tops and stainless steel appliances. The unit includes a newly installed washer and dryer, with additional laundry facilities on the first floor. The large bedroom features a generous walk-in closet, providing ample storage. Enjoy community amenities such as two swimming pools, tennis courts, and a clubhouse. Located with easy access to the 836 and 826, as well as the Turnpike. Close to Miami International Airport, supermarkets, International Mall, Dolphin Mall, FIU, and the Palmetto Expressway.

Facts

MLS#
A12024808
Subdivision
FERNWOODS NO 4 CONDO BLDG
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1975
Lot Size
0 sqft
Sq. Ft.
842 ft²
Sq. Mt.
78 m²
Price per sq. ft.
$2/ft²
Price per sq. mt.
$26/m²
Stories
4
Garage
Pool
Days on Market
1 day
Listed
May 26, 2026
Last Updated
May 27, 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

May 2026

100/100
Buyers marketSellers market

78

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).

5/26/2026Listed for sale$2,050

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

Location

502 NW 87th Ave # 403, 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.

$6,833

gross income / month to qualify

Monthly rent$2,050
Required annual income$82,000
Security deposit (est.)$2,050
Move-in cost (1st + last + security)$6,150

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

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated 16 hours ago

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