FERNWOODS CONDO NO 2 BLDG

506 NW 87th Ave # 212, Miami FL 33172

2 beds · 2 baths · 1,194 ft²

For Sale · Active Listing

$2,400

Est. Payment $13/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

1,194

Sq. Ft.

1974

Year Built

1

Garage

3

Stories

2

Days on Market

Description

One of the largest condominiums in Fontainebleau by square footage, featuring an in-unit washer and dryer. Ideally located on the west side of 87th Avenue, between Fontainebleau Boulevard and NW 7th Street. Costco, Walmart, Doral, Dolphin Mall, Miami International Airport, and the 826 and 836 Expressways are practically at your doorstep. Inside, you'll find an impressive walk-in closet in the primary bedroom and a separate water closet within the bathroom for added privacy. A newer air conditioning system, a new Titan electric water heater, and the fact that the unit never receives direct sunlight all help keep the home cool and utility costs low. The balcony overlooks the tennis courts and community pool. Additional building features include: Recently painted, a new elevator, a private storage locker, a covered bicycle parking area for secure storage, and convenient access to the unit is available via elevator or stairs. Approximate character count: 925.

Facts

MLS#
A12085708
Subdivision
FERNWOODS CONDO NO 2 BLDG
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
1974
Lot Size
0 sqft
Sq. Ft.
1,194 ft²
Sq. Mt.
111 m²
Price per sq. ft.
$2/ft²
Price per sq. mt.
$22/m²
Stories
3
Garage
1 spaces
Pool
Days on Market
2 days
Listed
Sep 8, 2026
Last Updated
Sep 9, 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

September 2026

100/100
Buyers marketSellers market

23

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).

9/8/2026Listed for sale$2,400

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

Location

506 NW 87th Ave # 212, Miami FL 33172Directions

Affordability

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

$8,000

gross income / month to qualify

Monthly rent$2,400
Required annual income$96,000
Security deposit (est.)$2,400
Move-in cost (1st + last + security)$7,200

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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