840 NW 87th Ave # 405, Miami FL 33172, MIAMI, FL, 33172
Active130 days on marketListed Apr 9, 2026MLS #A11998442
About this home
840 NW 87th Ave # 405, Miami FL 33172
Seller-friendly, investor-ready opportunity in a prime central location! This well-kept 2-bedroom, 2-bathroom condo features a renovated kitchen, impact windows, and a spacious layout with generously sized bedrooms. Perfect for those who enjoy condo living with comfort and convenience in mind. Ideally situated near the 836 for easy commuting, and just minutes from shopping plazas, grocery stores, and tasteful restaurants. Whether you’re looking for a primary residence or a smart investment, this one checks all the boxes!
Facts & features
The home at a glance
2
Bedrooms
2
Bathrooms
1,026
Sqft
1972
Year built
$273
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$2,409 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$2,409/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+2.8%
$/sqft vs Miami actives
$273 vs $508
Days on market
130 vs 66 typical
Where $273/sqft sits among the 400 Miami actives
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Fountainebleau Park East
Get to know Miami. See the full Miami guide →
Fountainebleau Park East — neighborhood snapshot
Population
16,707
Median age
43
Median income
$51,317
Median home value
$181,995
Avg household
2
Households w/ children
1,744
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
36 of 400
Miami actives have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 6409% above the MIAMI 33172 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 840 NW 87th Ave # 405
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Jul ’26$230,000
840 NW 87th Ave # 406, Miami FL 33172 · same community
2 bd · 2 ba · 1,036 sqft · $222/sqft · 1 DOM
Sold · Feb ’26$600,000
975 SW 89th Ave, Miami FL 33174
3 bd · 3 ba · 1,007 sqft · $596/sqft · 95 DOM
Sold · Dec ’25$275,000
9441 SW 4th St # 202, Miami FL 33174
3 bd · 2 ba · 1,086 sqft · $253/sqft · 36 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Jillian Kobylesky
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 840 NW 87th Ave # 405 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 840 NW 87th Ave # 405 — before you fall in love.
See it in person
Schedule a tour
Live availability from Jillian's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
840 NW 87th Ave # 405 FAQs
What would the monthly payment be for 840 NW 87th Ave # 405, Miami FL 33172?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $2,409/mo — principal and interest, the actual property-tax bill, the $433/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 840 NW 87th Ave # 405, Miami FL 33172?+
The association fee works out to $433 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 840 NW 87th Ave # 405, Miami FL 33172?+
The most recent tax bill on record (2025) was $529. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
Are pets allowed at 840 NW 87th Ave # 405, Miami FL 33172?+
The listing reports pets: Restrictions Or Possible Restrictions. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.
How does the price compare to other homes in Miami?+
At $279,900, this home is listed about 54% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 840 NW 87th Ave # 405, Miami FL 33172?+
Ruben Dario Middle School (middle), E.W.F. Stirrup Elementary School (elementary), Miami Coral Park Senior High (high), Instructional Center System Wide (), District Instructional Center (Dic) (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
Keep looking
Similar homes nearby
Listing courtesy of Luxe Properties · Samira Garcia. MLS #A11998442.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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