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240 W Park Drive 201-4, Miami, FL 33172
Under Contract
63 Days on Market
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$315,000

240 W Park Drive 201-4

Miami, FL 33172

PARK LAKE VILG CONDO PHS 1 THRU 8

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

Asking price
$315,000
Price per sq ft
$311
Original price
$359,000
Days on market
63

This 2-bedroom condo in ZIP 33172 went under contract with an asking price of $315,000, or $311 per square foot. The asking price has come down 12.3% from its original $359,000. It spent 63 days on the market before going under contract.

2
Bedrooms
2
Bathrooms
1,014
Living Sq Ft
1981
Year Built

Estimated monthly payment

$1,655 /mo

Principal and interest only, based on $63,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $360/mo HOA are not included.

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Listing Snapshot

Price
$315,000
Days on Site
63 Days
Bedrooms
2
Total Baths
2
Full Baths
2
Partial Baths
0
Living Area
1,014 sqft
Total Sq Ft
1,014 sqft
Year Built
1981
Property Type
Condo
MLS #
B26052406
Property Tax
$916 (2025)
HOA Fees
$360 / Monthly
Subdivision
PARK LAKE VILG CONDO PHS 1 THRU 8
Development
Park Lake Village
County
Miami Dade
Status
Under Contract
Special Conditions
Standard

About This Property

INVESTORS WELCOMED! Welcome to an exceptional opportunity in the sought-after Park Lake Village community. This beautifully positioned 2-bed, 2-bath condo nestled within an all-aged community provides the perfect blend of convenience, accessibility, tranquility, and effortless Florida living. Enjoy peaceful views and a prime location just steps from the community pool, tennis courts, and access to Women's Park where residents can enjoy beautiful green spaces, walking paths, and outdoor recreation creating a true resort-style atmosphere right outside your door. The home is also conveniently located near Florida International University (FIU) making it an excellent choice for students, faculty, professionals, or anyone seeking easy access to one of Miami's premier educational destinations. Experience the convenience of city living with the charm of a welcoming community — all in one of Miami's most accessible locations. Surrounded by shopping, dining, and everyday conveniences, this exceptional location places everything you need within reach while offering the comfort and privacy of a well-maintained residential community. Whether you're searching for a primary residence, a second home, or an investment opportunity, this condo delivers the ideal combination of location, lifestyle, and value in the heart of Miami.

MLS media link

General Features

Property Type
Condo
Status
Under Contract
Year Built
1981
Property Condition
Resale
Number of Stories
2
Levels
One
Parking
Assigned / Guest
Direction Faces
Southeast
Lot Size (Acres)
0
Living Sq Ft
1,014
Total Sq Ft
1,014
Structure Type
Multi Family
Sewer
Public Sewer
Water Source
Public
Zoning
3800

Interior Features

Appliances
Cooktop / Dishwasher / Electric Cooktop / Electric Range / Electric Water Heater / Microwave / Oven / Refrigerator / Water Heater
Cooling
Central Air
Heating
Central
Flooring
Laminate / Tile
Interior Features
Bedroom On Main Level / Living Dining Room / Pantry / Split Bedrooms / Tub Shower / Walk In Closets
Laundry
Common Area / Multiple Locations
Windows
Blinds
Main Level Bedrooms
2
Main Level Baths
2
Total Rooms
4
Furnished
Unfurnished

Exterior Features

Construction
CBS Concrete Block Structure / Block / Stucco
Roof
Tile
Exterior Features
Balcony / Outdoor Living Area / Tennis Courts
Pool Features
Association
Patio & Porch
Covered / Screened / Balcony
Waterfront Features
None
View
Pool

Community & HOA

HOA Fee
$360 / Monthly
HOA Name
Park Lake Village
HOA Includes
Cable Tv / Trash / Water
Association Amenities
Laundry / Pool / Parking / Tennis Courts
Utilities
Cable Connected / Electricity Connected / Phone Available / Sewer Connected / Water Connected
Pets Allowed
Cats Ok / Dogs Ok / Size Limit / Yes
Financing Terms
Cash / Conventional
Restrictions
Buyer Approval Required / No Boats / No Rv / Ok To Lease
MLS Area
2400

Schools

Elementary School
Sweetwater
Middle School
Ruben Dario
High School
Miami Coral Park

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale
9,370
Under Contract
1,779
Median List Price
$645,000
Median Sale Price (September)
$592,500
Median $/Sq Ft
$509
Avg Days on Market
144
View all 9,370 homes for sale in Miami →
How do I schedule a tour of 240 W Park Drive 201-4, Miami, FL 33172?
Use the Tour button on this listing to request a showing of 240 W Park Drive 201-4, Miami, FL 33172. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 240 W Park Drive 201-4, Miami, FL 33172 still available?
240 W Park Drive 201-4, Miami, FL 33172 is currently listed as Under Contract, and has been on the market 63 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 240 W Park Drive 201-4, Miami, FL 33172?
With 20% down ($63,000) on the $315,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 240 W Park Drive 201-4, Miami, FL 33172 is about $1,655/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 240 W Park Drive 201-4, Miami, FL 33172?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 240 W Park Drive 201-4, Miami, FL 33172. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 240 W Park Drive 201-4, Miami, FL 33172 have an HOA fee?
Yes: 240 W Park Drive 201-4, Miami, FL 33172 carries an HOA fee of about $360 monthly (Park Lake Village). HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 240 W Park Drive 201-4, Miami, FL 33172?
240 W Park Drive 201-4, Miami, FL 33172 is zoned for Sweetwater (elementary), Ruben Dario (middle), Miami Coral Park (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 240 W Park Drive 201-4, Miami, FL 33172?
Often, yes. The right offer on 240 W Park Drive 201-4, Miami, FL 33172 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Palm Paradise Realty Group

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated July 19, 2026.

$315,000

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Listed by Summer L Hooten, Palm Paradise Realty Group

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