2750 NE 183rd St #2601 · Aventura, FL 33160

$179,000

1 bd · 1.5 ba · 766 sqft · Condo public records · 232 Days on market

Built 1971 $886/mo HOA · 28% of rent

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.5/30.0
• 1% rule +10.0/10.0
• DSCR +8.4/10.0
• ARV discount +7.5/15.0
• Appreciation +5.3/10.0
• Schools +4.2/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0

Listing remarks

* * * Lowest Priced top-floor, 1-bedroom, 1.5 bathroom condo with stunning Views of Biscayne Bay. Located in the heart of Aventura, this unit offers a fantastic opportunity to own a well-loved home with incredible potential and a prime location. While the unit is in good condition, it presents an excellent canvas for buyers to add their personal touch, with minor upgrades needed. This unit offers panoramic views of Biscayne Bay from the private balcony and bedroom windows. Enjoy breathtaking sunrises, sparkling city lights, and the tranquil beauty of the bay. Resort-style pool with a large sun deck, Billiards Room for social gatherings, Library for quiet relaxation, Fitness center, Tennis

Key facts

• Fitness center
• Private balcony
• Billiards room

Tags

• VIEWS OF BISCAYNE BAY
• PRIVATE BALCONY
• RESORT-STYLE POOL
• BILLIARDS ROOM
• LIBRARY
• FITNESS CENTER

Property features AI

Finance

• Financial info: Pets allowed with size limit (maximum 20 lbs)
• HOA & community: Monthly association fee; Association fee covers common areas, cable TV, hot water, laundry, grounds maintenance, structure maintenance, parking, pool(s), reserve fund, roof, sewer, security, trash and water; Community amenities include clubhouse, fitness center, laundry, pool, storage and elevators

Exterior

• Parking: One covered parking space (garage)
• Security: Doorman; Elevator secured; Key card entry; Smoke detectors
• Utilities: Cable available; Association-managed water and sewer (included in HOA)
• Home design: High-rise building (29 stories); Property is attached; Has a view; Entry on level 26
• Construction: Block construction; Resale property
• Exterior features: Balcony; Privacy wall; Exterior lighting; Open balcony/patio

Interior

• Kitchen: Dishwasher; Electric range; Disposal; Microwave; Refrigerator
• Bedrooms: Bedroom on main level
• Flooring: Ceramic tile
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central heating; Central air conditioning
• Interior features: Entrance foyer; Eat-in kitchen; Living/dining room; Pantry; Elevator
• Laundry & utility: Common area laundry

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath condo listed at $179k.

Deal economics

• At list price, monthly cash flow is $-10 ($-123/yr) — negative.
• To cash-flow at today's rent, offer at most $177k (1.0% below list).
• Meets the 1% rule at list price ($3k rent vs $179k).
• Recommended offer: $158k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 2.6% in Aventura — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 80/100 on livability (#127 in FL, #1,834 nationally) — a professional / high-income tenant draw. Strengths: health & safety A+, amenities A, commute A; Watch: crime D+, cost of living F.
• Miami-Dade (suburban): math 45% / reading 54% proficiency, ranked #40 of 73 in FL (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Aventura Waterways K-8 Center (math 56% / reading 65%, grade B-, #664 of 2,144 statewide, top 32%, 2,168 students, 32% FRL); Highland Oaks Middle School (math 28% / reading 51%, grade F, #373 of 571 statewide, top 66%, 774 students, 50% FRL); Dr. Michael M. Krop Senior High (math 21% / reading 46%, grade F, #400 of 667 statewide, top 61%, 2,235 students, 49% FRL) — zoned schools average 44% FRL vs 64% district-wide (20 pts lower); this property's tenant base skews higher-income than the district average.
• Market conditions: Rents flat; 1879 active listings in the ZIP; 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).
• At $3,210/mo this rent would consume 57% of the median local household income ($67k/yr) (locally 3106% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• In year one you build about $2k of equity ($1k loan paydown + $943 appreciation (0.5% local appreciation)).
• Miami-Dade County population projected at +28% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

• It's been on market 232 days — a 12% lower offer ($158k) is reasonable based on typical stale-listing flexibility.
• 11 sale attempts since 4y ago; this cycle's ask has dropped $16k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $125k; 43% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; HOA is 28% of rent.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 99% chance of damaging wind over 30y; extreme-heat days projected 7→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $157,520 (12.0% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 232 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
3. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
6. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
7. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
8. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
9. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
10. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
11. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
12. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
13. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.79% ✓
• Cap rate: 9.08%
• Cash-on-cash: 9.97%
• DSCR: 1.44
• GRM: 4.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

0.53% appreciation · 0.94% rent growth · sell at horizon

5-year hold

• IRR: -3.0%
• Equity multiple: 0.86×
• Total profit: $-7,076
• Equity at exit: $56,742

10-year hold

• IRR: -0.1%
• Equity multiple: 0.99×
• Total profit: $-547
• Equity at exit: $72,136

Cash invested: $50,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 87 Strongly Landlord-Friendly
• State Florida: 87 Strongly Landlord-Friendly · R+3
• County: — inherits STATE
• City: — inherits STATE

3-day pay-or-quit; preempts local rent control; landlord-friendly statutes. Court speed varies by county.

Methodology + full state rankings →

ZIP-level market 33160

• Home prices YoY: 0.2%
• Rents YoY: 0.9%
• Active inventory: 1879
• Price-to-rent: 4.6×

Monthly cashflow live

• Estimated rent: $3,210 medium
• Mortgage (P&I): −$939
• Tax from tax record: −$221 /mo · $2,646/yr
• Insurance: −$75
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$886
• Vacancy / Maint / Mgmt: −$674
• Net cashflow: $-10

Break-even live

Break-even rent $3,223

Max offer price $177,189

Occupancy floor 95%

Sensitivity live

Price	-10% $91	-5% $40	+0% $-10	+5% $-61	+10% $-112
Rent	-10% $-264	-5% $-137	+0% $-10	+5% $117	+10% $243
Rate	-1.0pp $80	-0.5pp $35	base $-10	+0.5pp $-57	+1.0pp $-104

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $44,750
• Closing costs: $5,370
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $886 · $10,632/yr
• Likely covers: poolgym
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 47 events

1. 2026-06-21
   days on market $179,000 Active 232 DOM
2. 2026-06-18
   days on market $179,000 Active 229 DOM
3. 2026-06-17
   days on market $179,000 Active 228 DOM
4. 2026-06-16
   days on market $179,000 Active 227 DOM
5. 2026-06-15
   days on market $179,000 Active 226 DOM
6. 2026-06-13
   days on market $179,000 Active 224 DOM
7. 2026-06-09
   days on market $179,000 Active 220 DOM
8. 2026-06-08
   days on market $179,000 Active 219 DOM
9. 2026-06-08
   days on market $179,000 Active 218 DOM
10. 2026-06-04
    days on market $179,000 Active 215 DOM
11. 2026-06-03
    days on market $179,000 Active 214 DOM
12. 2026-06-02
    days on market $179,000 Active 213 DOM
13. 2026-06-01
    days on market $179,000 Active 212 DOM
14. 2026-05-31
    days on market $179,000 Active 211 DOM
15. 2026-03-02
    price $179,000
16. 2025-11-01
    listed $195,000 Active
17. 2025-10-30
    historical
18. 2025-05-30
    price $199,000
19. 2025-05-21
    price $210,000
20. 2025-04-29
    historical $2,000
21. 2025-03-23
    price $2,000
22. 2025-03-21
    price $215,000
23. 2025-03-04
    listed $2,100
24. 2025-02-28
    listed $220,000 Active
25. 2025-01-31
    historical
26. 2025-01-22
    listed $215,000 Active
27. 2025-01-02
    historical
28. 2024-11-22
    price $215,000
29. 2024-09-20
    listed $230,000 Active
30. 2024-09-12
    historical
31. 2024-07-30
    price $240,000
32. 2024-04-22
    status Active
33. 2024-04-05
    historical Active Under Contract
34. 2024-03-08
    price $250,000
35. 2024-01-12
    listed $265,000 Active
36. 2023-09-26
    historical
37. 2023-07-28
    listed $259,000 Active
38. 2023-07-17
    historical
39. 2023-05-13
    status Active
40. 2023-05-11
    status Pending
41. 2023-03-20
    price $259,000
42. 2023-03-20
    status Active
43. 2023-03-16
    historical Active Under Contract
44. 2022-12-17
    listed $249,000 Active
45. 2003-10-10
    soldstatus $125,000
46. 2001-10-10
    soldstatus $92,000
47. 2000-03-20
    soldstatus $48,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast FL · Resets to sale price

• Current annual tax: $2,646 · $221/mo
• Projected year-2 tax: $2,646 · $221/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 8/10 Severe FEMA zone AE · 96% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 10/10 Extreme 7 d/yr ≥104°F today · 26 d/yr by 30 yrs out
• 💨 Wind 10/10 Extreme 99% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $38,523
• − Mortgage interest: −$10,027
• − Property taxes: −$2,646
• − Insurance: −$6,014
• − Repairs & maintenance: −$3,082
• − Management: −$3,082
• − HOA: −$10,632
• − Depreciation: −$5,207
• Taxable loss: −$2,167
• Est. tax savings @ 24.0%: +$520
• After-tax cash flow: $397/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Miami-Dade
• NCES district ID: 1200390
• Math proficiency: 45% ▼ -16.00%
• Reading proficiency: 54% ▼ -5.00%
• Median HH income: $43,928
• Composite: 41.76/100
• National rank: #3397
• State rank: #40 of 73 in FL

Livability — Aventura

• Score: 80/100
• State rank: #127
• US rank: #1834

Category grades

Amenities A Commute A Cost of living F Crime D+ Employment B+ Housing B+ Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Aventura, FL
• County: Miami-Dade County · 2,697,751 people
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• Population (ZIP): 43,718
• Household income: $67,040
• Rent vs Own: 41.0% rent · 59.0% own
• Severe rent burden: 3106.0

Population outlook (Miami-Dade County) Hauer SSP2

• Today (2025): 3,126,439 people
• By 2030: 3,325,765 · +6.4%
• By 2040: 3,697,561 · +18.3%
• By 2050: 4,012,134 · +28.3%
• By 2075: 4,605,612 · +47.3%
• By 2100: 4,866,598 · +55.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.59)
• Race & ethnicity: Hispanic / Latino 46% White 44% Two or more races 27% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 3% Cuban 8% Dominican 1% Salvadoran 4%
• Common ancestry: Scotch-Irish 8% Hispanic 3% Subsaharan African 3%
• Foreign-born: 61% · Canada, Jamaica, Dominican Republic
• Languages at home: 29% English-only · Spanish 45% Russian/Polish/Slavic 12% Other Indo-European 5%

Political lean MEDSL · Miami-Dade

• 2024 margin: R (+11.4) · D 43.9% · R 55.4%
• 2008→2024 swing: -27.6pp toward R · 2008: 16.1pp · 2024: -11.4pp
• All cycles: 2024: R+11.4 2020: D+7.3 2016: D+29.6 2012: D+23.7 2008: D+16.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 0.53%
• Current HPI: 284.9293
• Rent YoY: ▲ 0.94%
• Metro: Miami-Fort Lauderdale-Pompano Beach, FL
• State GDP YoY: ▲ 3.28%
• F500 in state: 36

Industry mix (Fortune 500 HQ in FL)

Industry	F500 HQs	Revenue
▸Industrial Technology	2	$29B
▸Insurance	2	$17B
▸Retail	1	$60B
▸Technology Distribution	1	$58B
▸Homebuilding	1	$35B
▸Technology Manufacturing	1	$35B

Price history

+272.9% since first listed

33 events — show timeline

• 2026-03-02 Price Changed $179,000 MARMLS
• 2025-11-01 Listed $195,000 MARMLS
• 2025-10-30 Listing Removed — MARMLS
• 2025-05-30 Price Changed $199,000 MARMLS
• 2025-05-21 Price Changed $210,000 MARMLS
• 2025-04-29 Rental Removed $2,000 MARMLS
• 2025-03-23 Price Changed $2,000 MARMLS
• 2025-03-21 Price Changed $215,000 MARMLS
• 2025-03-04 Listed for Rent $2,100 MARMLS
• 2025-02-28 Listed $220,000 MARMLS
• 2025-01-31 Listing Removed — MARMLS
• 2025-01-22 Listed $215,000 MARMLS
• 2025-01-02 Listing Removed — MARMLS
• 2024-11-22 Price Changed $215,000 MARMLS
• 2024-09-20 Listed $230,000 MARMLS
• 2024-09-12 Listing Removed — MARMLS
• 2024-07-30 Price Changed $240,000 MARMLS
• 2024-04-22 Relisted — MARMLS
• 2024-04-05 Contingent — MARMLS
• 2024-03-08 Price Changed $250,000 MARMLS
• 2024-01-12 Listed $265,000 MARMLS
• 2023-09-26 Listing Removed — MARMLS
• 2023-07-28 Listed $259,000 MARMLS
• 2023-07-17 Listing Removed — MARMLS
• 2023-05-13 Relisted — MARMLS
• 2023-05-11 Pending — MARMLS
• 2023-03-20 Price Changed $259,000 MARMLS
• 2023-03-20 Relisted — MARMLS
• 2023-03-16 Contingent — MARMLS
• 2022-12-17 Listed $249,000 MARMLS
• 2003-10-10 Sold (Public Records) $125,000 Public Records
• 2001-10-10 Sold (Public Records) $92,000 Public Records
• 2000-03-20 Sold (Public Records) $48,000 Public Records

Property tax history

+14.4%/yr

Latest (2025): $2,646 · -17.8% YoY. Source: county tax records.