Atlantic Luxury Advisors
240 Park #201-4 photo 1240 Park #201-4 photo 2240 Park #201-4 photo 3240 Park #201-4 photo 4240 Park #201-4 photo 5

17 photos

240 Park #201-4

Miami, FL 33172

$315,000
2
2
1,014 sq ft
1981
Condominium
$360/mo
Yes
52
Active

Listing courtesy of Palm Paradise Realty Group (Summer L Hooten). Contact: [email protected].

About this home

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.

What it costs to own
Estimated monthly payment
$2,575/mo
Principal and interest
$1,593
Property tax
$422
Homeowners insurance
$200
HOA
$360

An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.

Florida cost of ownership
Estimated property tax
$5,065/yr

Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.

HOA
$360/mo (from the listing)
FEMA flood zone
Zone X, minimal risk

Outside the special flood hazard area. Flood insurance is optional.

Hurricane evacuation zone
Zone E: ordered to evacuate for Category 4 and 5 hurricanes.

Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.

Location

Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.