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Condominium at 20 NW 87th Ave # A214, Miami FL 33172Pending
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Condominium
$250,000$271 / sqft

20 NW 87th Ave # A214, Miami FL 33172

1
Bedrooms
2
Bathrooms
922 sqft
Interior
1972
Year built
$309 / mo
HOA
Condominium
Type

About this home

Condo unit, 1 bedroom and 1 and a half bathroom. Located in a second floor. Condo has two stories, entry first story with kitchen, spacious living and dining area, second story with a very spacious bedroom, closet, full bathroom, laundry room with full size washer & dryer. Located in a desirable area of Miami. Perfect for an investor who wants to have a passive income with a low monthly maintenance fee. Property rented. Very well maintenance. Please bring your client.

Features

  • First Floor Entry
  • Open Balcony
  • None

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,573

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$1,264
HOA
$309 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Real Estate Sales Force

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management

Cap rate
Cash-on-cash
Monthly cash flow
Net operating income

Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.

Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.

Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.