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870 NW 87th Ave # 401, Miami FL 33172

Condo/Co-op For Sale
$389,900

BTC: 6.12472510

ETH: 221.53409091

New
Waterfront
3 bds
2 ba
1,337 sqft

Overview

FOR SALE! Don't miss this unique opportunity to own a beautifully remodeled 3-bedroom, 2-bath lakefront residence in a prime Miami location. Enjoy stunning lake views, abundant natural light, modern finishes, and a versatile floor plan designed to fit a variety of lifestyles. The property features a private-entry primary suite currently rented for $1,400 per month, offering immediate income potential. The separate 2-bedroom, 1-bath portion of the home is available for rent at $2,350 per month, creating a flexible opportunity for homeowners, investors, or multigenerational living. Additional highlights include parking for up to 4 vehicles, a spacious layout, and convenient access to major highways, Miami International Airport, shopping, dining, schools, and entertainment. Whether you're looking for a place to call home, an income-producing property, or a combination of both, this lakefront gem offers exceptional value, flexibility, and location. Schedule your private showing today! Text listing agent

Location

Details

Type:
Residential
Parking:
1 Space / Additional Spaces Available / Assigned / Guest / Limited # Of Vehicle / No Rv/Boats / No Trucks/Trailers
Year Built:
1972
Lot:
No Data
Heating:
Central
Price/sqft:
$292
Cooling:
Central Air / Electric / Paddle Fans
HOA:
$549

Valuation

Our model vs. what's actually selling nearby.
Estimate
$262,450
$199K – $329K
Confidence Low
List vs. estimate
$127K above estimate
List $389,900 · +48.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$291
-48.1% vs. city median $561
Based on
86 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $251K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$4,396
2025
HOA
$549/mo
View
Lake
Waterfront
Lake
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    • Electric

    • Paddle Fans

    Appliances

    • Electric Range

    • Electric Water Heater

    • Microwave

    • Other Equipment/Appliances

    • Refrigerator

    Other interior features

    • Other

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Additional Spaces Available

    • Assigned

    • Guest

    • Limited # Of Vehicle

    • No Rv/Boats

    • No Trucks/Trailers

    Property

    • Exterior Features: Exterior Cat Walk / Open Balcony / Other

    Other Property Information

    • Parcel Number: 30-30-54-010-0330

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $549

    • HOA Frequency: Monthly

    • Annual tax amount: $4,396

  • Source details

    • MLS ID: A12037362

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Partial Accordian Shutters

    • Architectural Style: Corner Unit / High Rise

    • Waterfront: Yes

    • Living Area: 1337

    • Subdivision Name: PINEBARK CONDO NO 3

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: London Foster Realty