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Condominium
$195,900$233 / sqft
702 NW 87th Ave # 213, Miami FL 33172
Listed
1
Bedrooms
1
Bathrooms
839 sqft
Interior
1974
Year built
$246 / mo
HOA
Condominium
Type
About this home
Welcome to your own private retreat in the heart of Fontainebleau! This beautifully positioned 1-bedroom, 1-bath corner condo offers 839 sq. ft. of comfortable living space and an inviting blend of privacy, natural light, and convenience. Located on the second floor, this charming residence features a spacious bedroom with room for a king-size bed and a generous walk-in closet. Step outside onto your private balcony and enjoy your morning coffee or unwind after a long day while overlooking lush greenery and peaceful surroundings. The corner location adds extra privacy and a desirable sense of openness. Fernwood II is a well-maintained community offering resort-style amenities including a sparkling swimming pool and tennis court. Assigned parking and ample guest parking add to the convenience. Perfectly situated in desirable Fontainebleau, you're just minutes from major highways, Miami International Airport, FIU, shopping, dining, and entertainment. Whether you're searching for your first home, a Miami getaway, or an investment opportunity, this condo offers an ideal combination of location, lifestyle, and value. Don't miss the opportunity to make this inviting Fontainebleau condo your own!
Features
- Second Floor Entry
- Elevator
- Walk-In Closet(s)
- Screened Balcony
- Garden View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,500.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.