What is the asking price and what does it include?

The list price for 840 NW 87th Ave # 406, Miami FL 33172 is $265,000. The property is a Condominium with 2 bedrooms, 2 bathrooms, approximately 1036 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 840 NW 87th Ave # 406, Miami FL 33172 in Miami, 33172. Coordinates are approximately , . Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 265,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 840 NW 87th Ave # 406, Miami FL 33172.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

840 NW 87th Ave # 406, Miami FL 33172 | Miami-Dade County

Residential Active

840 NW 87th Ave # 406, Miami FL 33172 | Miami-Dade County | A12030592

$265,000

Description

Well-maintained 2-bedroom, 2-bathroom unit in a highly desirable location. Conveniently situated near major highways for easy commuting and just minutes from shopping, dining, and everyday essentials, including Walmart, Publix and a plethora of amazing restaurants. This move-in ready home offers a comfortable layout and great value, making it perfect for homeowners or investors alike. Don’t miss the opportunity to own in a prime, convenient area!

Address

Open on Google Maps

Address: 87th Ave
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33172
Area: PINEBARK CONDO NO 2 - BLD

Details

Updated on June 3, 2026 at 5:19 pm

Property ID A12030592
Price $265,000
Property Size 1036 Square Feet
Bedrooms 2
Bathrooms 2
Garage 0
Year Built 1972
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle Corner Unit
AssociationAmenities Basketball Court
AssociationFee 420
AssociationFeeFrequency Monthly
BathroomsFull 2
BathroomsHalf 0
BuildingAreaTotal 1036
BuildingAreaUnits Square Feet
BuildingName PINEBARK
CarportSpaces 0
ConstructionMaterials Concrete Block Construction, CBS Construction
ContractStatusChangeDate 2026-06-03
Cooling Central Air
CoveredSpaces 0
DaysOnMarket 0
EntryLevel 4
ExpirationDate 2026-08-31
Flooring Tile
Heating Central
InternetAddressDisplayYN 1
InternetAutomatedValuationDisplayYN 1
InternetConsumerCommentYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 305-335-2534
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor Pinebark Condo No 2 - Bld
MajorChangeTimestamp June 3, 2026 at 08:30pm
MajorChangeType New
MiddleOrJuniorSchool Ruben Dario
MlsStatus Active
ModificationTimestamp June 3, 2026 at 08:30pm
OnMarketDate 2026-06-03
OriginalEntryTimestamp June 3, 2026 at 08:30pm
OriginalListPrice 265000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 30-30-54-009-0240
ParkingFeatures 1 Space, Additional Spaces Available
PhotosCount 0
Possession Funding
PostalCode 33172
PostalCodePlus4 3437
PriceChangeTimestamp June 3, 2026 at 08:30pm
PublicSurveyRange 30
PublicSurveySection 54
PublicSurveyTownship 30
RoomsTotal 0
SecurityFeatures Guard At Site
ShowingInstructions 24 Hour Notice
SourceSystemKey 504363461
StateOrProvince FL
StatusChangeTimestamp June 3, 2026 at 08:30pm
StoriesTotal 5
StreetDirPrefix NW
StreetName 87th Ave
StreetNumber 840
StreetNumberNumeric 840
StructureType Condo 5+ Stories, Condo
SyndicationRemarks Well-maintained 2-bedroom, 2-bathroom unit in a highly desirable location. Conveniently situated near major highways for easy commuting and just minutes from shopping, dining, and everyday essentials, including Walmart, Publix and a plethora of amazing restaurants. This move-in ready home offers a comfortable layout and great value, making it perfect for homeowners or investors alike. Don’t miss the opportunity to own in a prime, convenient area!
TaxAnnualAmount 3533
TaxLegalDescription PINEBARK CONDO NO 2 - BLDG 840 UNIT 406 UNDIV 1.8432% INT IN COMMON ELEMENTS CLERKS FILE 72R127515 OR 16024-0361 0793 1 F/A/U 30-3051-009-02
TaxYear 2025
UnitNumber 406
View None
YearBuiltDetails Unknown