Stay informed on Miami condo trends
What we cover
506 NW 87th Ave, Unincorporated County 33172
1974
Year Built
50
Units
—
For Sale
—
Avg Price
—
Sale $/SF
—
For Rent
$1,900
Avg Rent
$2.32
Rent $/SF
+50.0%
YoY
For Sale
0
For Rent
0
Investor-Owned
64%
Avg HOA
—
Address
506 NW 87th Ave, Unincorporated County, 33172
Neighborhood
Miami
Year Built
1974
Total Units
50
Avg Unit Sqft
1,002 SF
Tier
Value
Avg Rent
$1,900/mo
Rent $/SF
$2.32/SF
Neighborhood Rank
Top 54%
Avg Unit Value
$212K
Total Sales (All-Time)
185
Sale Price Trend ($/SF)
$298
Rental Price Trend ($/SF)
$2.01
Building Activity
Closed Sales (120d)
0
transactions
Low volume
Median Rent
$1,900
/month
Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| May 28, 2024 | $250K | $297.97 | 1/1 | 839 |
| Jun 12, 2023 | $60K | $50.25 | 2/2 | 1,194 |
| Mar 23, 2023 | $220K | $262.22 | 1/1 | 839 |
| Mar 11, 2023 | $42K | $35.01 | 2/2 | 1,194 |
| Mar 3, 2023 | $219K | $261.03 | 1/1 | 839 |
| Feb 9, 2023 | $175K | $208.58 | 1/1 | 839 |
| Jan 31, 2023 | $180K | $150.75 | 2/2 | 1,194 |
| Jul 23, 2021 | $85K | $71.19 | 2/2 | 1,194 |
| Jul 23, 2021 | $100K | $83.75 | 2/2 | 1,194 |
| Jul 23, 2021 | $185K | $154.94 | 2/— | 1,194 |
| Jul 12, 2021 | $225K | $188.44 | 2/2 | 1,194 |
| Jun 17, 2021 | $170K | $202.03 | 1/1 | 839 |
| Jun 1, 2021 | $177K | $210.97 | 1/1 | 839 |
| Apr 1, 2021 | $173K | $206.2 | 1/1 | 839 |
| Jun 19, 2020 | $155K | $129.82 | 2/2 | 1,194 |
| Aug 9, 2019 | $184K | $154.1 | 2/2 | 1,194 |
| Apr 5, 2019 | $150K | $125.63 | 2/2 | 1,194 |
| Nov 8, 2018 | $148K | $176.4 | 1/1 | 839 |
| Mar 20, 2017 | $145K | $121.44 | 2/2 | 1,194 |
| Sep 30, 2016 | $145K | $121.44 | 2/2 | 1,194 |
| Apr 15, 2016 | $104K | $123.96 | 1/1 | 839 |
| Nov 10, 2015 | $143K | $119.77 | 2/2 | 1,194 |
| Jan 29, 2015 | $46K | $54.47 | 1/1 | 839 |
| Dec 17, 2014 | $138K | $115.58 | 2/2 | 1,194 |
| Dec 3, 2014 | $138K | $115.16 | 2/2 | 1,194 |
Total Units
50
Avg Sqft
1,002 SF
Avg Assessed
$171K
Owner-Occupied
36%
Tax & Ownership
Investor-Owned
64%
Owner-Occupied
36%
Avg Assessed Value
$171K
Avg Taxable Value
$153K
Effective Year Built
1974
Zoning
5000
Unit Mix
Avg 839 SF
Avg 1,194 SF
Unit Directory
Showing 10 of 50 units| Unit | Beds | Baths | SF | Assessed | Owner | Last Sale | $/SF | Sale Date |
|---|---|---|---|---|---|---|---|---|
| 101 | 1 | 1 | 839 | $184K | — | $67K | $80 | Sep 2011 |
| 102 | 1 | 1 | 839 | $184K | — | $50K | $60 | Nov 1996 |
| 103 | 1 | 1 | 839 | $184K | — | $80K | $95 | Jan 2014 |
| 104 | 2 | 2 | 1,194 | $77K | ✓ | $48K | $40 | Oct 1991 |
| 105 | 2 | 2 | 1,194 | $77K | ✓ | $53K | $44 | Sep 1990 |
| 106 | 2 | 2 | 1,194 | $216K | — | $60K | $50 | Apr 2011 |
| 107 | 2 | 2 | 1,194 | $239K | — | $85K | $71 | Jul 2021 |
| 108 | 1 | 1 | 839 | $194K | — | $33K | $39 | Oct 1985 |
| 109 | 1 | 1 | 839 | $184K | — | $40K | $48 | Sep 1987 |
| 110 | 1 | 1 | 839 | $61K | ✓ | $32K | $38 | Jan 1985 |
Top Agents in This Building




The Keyes Company
Miami New Realty
Fortune International Realty
The Keyes CompanyTop Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
The Keyes Company | 2 | 2 | $397K |
I IL Mare Properties, LLC. | 1 | 2 | $368K |
R Real Estate Boutique of So Fla | 1 | 1 | $250K |
G Grant and Associates Real Estate INC | 1 | 1 | $250K |
M Miami Real Estate Atelier | 1 | 1 | $225K |

Be the first to know when a unit in FERNWOODS CONDO NO 2 BLDG hits the market — for sale or rent.
Neighborhood
Miami →
View all buildings in this area
Building Snapshot