2750 NE 183rd St #301 · Aventura, FL
Flood risk 8/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.96%
- Est. flood insurance / yr
- $1,737 – $8,500
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $947 – $1,759
Heat risk 10/10 · Severe
- Hot days now (above 104°F)
- 7 days/yr
- Hot days in 30 yrs
- 26 days/yr
Wind risk 10/10 · Severe
- Chance of severe wind over 30 yrs
- 99.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +25.0/30.0
- 1% rule +10.0/10.0
- DSCR +8.2/10.0
- 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
$199,800
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks
“Exclusive and elegant condo in impeccable condition, ideally located in the heart of Aventura. This sophisticated 1-bedroom, 1.5-bath residence offers stunning panoramic views from its private balcony, filled with natural light and a modern, functional layout. Features include a fully renovated kitchen and bathrooms, fine granite countertops, stainless steel appliances, and tile flooring throughout. Equipped with shutters for added security and peace of mind. Enjoy a prime location just steps from Aventura Mall, top-rated restaurants, supermarkets, and popular retailers such as Ross and more. Perfect for those seeking a comfortable, upscale, and convenient lifestyle. HOA includes wat
Key facts
- Private balcony
- Tile flooring
- $768 HOA
Tags
Property features AI
Finance
- Financial info: Lease considered; Pets allowed
- HOA & community: Monthly association fee; Association amenities include boat dock, marina, bike storage, elevators, fitness center, laundry, pool, storage, tennis courts, trash service, and vehicle wash area
Exterior
- Parking: Detached garage with one space
- Security: Closed-circuit cameras; Complex fenced; Key card entry; Security guard; Fire sprinkler system; Smoke detectors
- Utilities: Water service included in association; Trash service included in association; Cable and internet included in association
- Home design: Condominium (attached); 28-story building; Entry located on 3rd level; Bayfront waterfront; Has a view
- Construction: Block construction; Resale property
- Exterior features: Balcony; Barbecue; Deck; Fence; Tennis courts; Association pool
Interior
- Kitchen: Dishwasher; Disposal; Icemaker; Microwave
- Bedrooms: Den
- Bathrooms: 1 full bathroom; 1 half bathroom
- Heating & cooling: Central heating; Central air; Ceiling fan(s)
- Interior features: Bedroom on main level; Breakfast area; Closet cabinetry; Elevator; Living/dining room; Custom mirrors; Vaulted ceilings
- Laundry & utility: Common area laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.5-bath condo listed at $200k.
Deal economics
- At list price, monthly cash flow is $10 ($114/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $200k).
- Recommended offer: $197k (1.5% below list) — sets the bar for market timing.
- Cap rate 8.9% 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: schools A+, health & safety A+, amenities 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.
- Market conditions: Rents flat; 1870 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 + $1k 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 21 days — a 2% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
- 11 sale attempts since 13y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: flood insurance adds $427/mo; HOA is 24% 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.
Questions for the listing agent
- Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- 1.61% ✓
- Cap rate
- 8.91%
- Cash-on-cash
- 9.35%
- DSCR
- 1.42
- GRM
- 5.2
CMA / ARV
No comps found within radius.
Projected returns pro-forma
0.53% appreciation · 0.94% rent growth · sell at horizon
- IRR
- -2.2%
- Equity multiple
- 0.89×
- Total profit
- $-6,006
- Equity at exit
- $63,335
- IRR
- 0.8%
- Equity multiple
- 1.09×
- Total profit
- $4,931
- Equity at exit
- $80,518
Cash invested: $55,944 (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
ZIP-level market 33160
- Home prices YoY
- 0.2%
- Rents YoY
- 0.9%
- Active inventory
- 1870
- Price-to-rent
- 5.2×
Monthly cashflow live
- Estimated rent
- $3,210 medium interval (Pro) →
- Mortgage (P&I)
- −$1,048
- Tax from tax record
- −$200 /mo · $2,406/yr
- Insurance
- −$83
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$768
- Vacancy / Maint / Mgmt
- −$674
- Net cashflow
- $10
Break-even live
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
- $49,950
- Closing costs
- $5,994
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
HOA detail condo
- Monthly dues
- $768 · $9,216/yr
- Likely covers
- cablesecurity
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-06-18days on market $199,800 Active 21 DOM
-
2026-06-17days on market $199,800 Active 20 DOM
-
2026-06-16days on market $199,800 Active 19 DOM
-
2026-06-15days on market $199,800 Active 18 DOM
-
2026-06-13days on market $199,800 Active 16 DOM
-
2026-06-09days on market $199,800 Active 12 DOM
-
2026-06-08days on market $199,800 Active 11 DOM
-
2026-06-07days on market $199,800 Active 10 DOM
-
2026-06-04days on market $199,800 Active 7 DOM
-
2026-06-03days on market $199,800 Active 6 DOM
-
2026-06-02days on market $199,800 Active 5 DOM
-
2026-06-01days on market $199,800 Active 4 DOM
-
2026-05-31days on market $199,800 Active 3 DOM
-
2026-05-28$199,800 Active
-
2026-02-23historical
-
2026-01-30price $185,000
-
2026-01-20price $189,900
-
2026-01-09$194,900 Active
-
2026-01-06historical
-
2025-12-30price $199,800
-
2025-12-03price $208,000
-
2025-11-24status Active
-
2025-11-22historical
-
2025-11-13historical $3,100
-
2025-11-05price $218,000
-
2025-09-25status Active
-
2025-09-22historical
-
2025-09-12$3,100
-
2025-08-18price $230,000
-
2025-04-09$250,000 Active
-
2025-03-13historical
-
2024-12-14$250,000
-
2024-04-17soldstatus $175,000
-
2024-04-15soldstatus $175,000 Closed
-
2024-04-04status Pending
-
2024-03-14historical Active Under Contract
-
2024-03-13price $169,500
-
2024-03-13status Active
-
2024-02-28status Pending
-
2024-02-07price $199,999
-
2024-01-12price $214,999
-
2024-01-01$234,999 Active
-
2023-12-21historical $234,999
-
2019-10-18status Pending
-
2019-05-28soldstatus $155,000
-
2019-04-16status Pending
-
2019-03-13historical
-
2019-02-05price $159,900
-
2019-01-24price $179,900
-
2019-01-22price $1,799,000
ⓘ 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
- $2,406 · $200/mo
- Projected year-2 tax
- $2,406 · $200/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
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $38,515
- − Mortgage interest
- −$11,192
- − Property taxes
- −$2,406
- − Insurance
- −$6,118
- − Repairs & maintenance
- −$3,081
- − Management
- −$3,081
- − HOA
- −$9,216
- − Depreciation
- −$5,812
- Taxable loss
- −$2,391
- Est. tax savings @ 24.0%
- +$574
- After-tax cash flow
- $688/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
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Aventura, FL
- County
- Miami-Dade County · 2,697,751 people
- City population
- 90,324
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 43,718
- Household income
- $67,040
- Rent vs 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 |
|
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Price history
+425.8% since first listed48 events — show timeline
- 2026-05-28 Listed $199,800 MARMLS
- 2026-02-23 Listing Removed — MARMLS
- 2026-01-30 Price Changed $185,000 MARMLS
- 2026-01-20 Price Changed $189,900 MARMLS
- 2026-01-09 Listed $194,900 MARMLS
- 2026-01-06 Listing Removed — MARMLS
- 2025-12-30 Price Changed $199,800 MARMLS
- 2025-12-03 Price Changed $208,000 MARMLS
- 2025-11-24 Relisted — MARMLS
- 2025-11-22 Listing Removed — MARMLS
- 2025-11-13 Rental Removed $3,100 MARMLS
- 2025-11-05 Price Changed $218,000 MARMLS
- 2025-09-25 Relisted — MARMLS
- 2025-09-22 Listing Removed — MARMLS
- 2025-09-12 Listed for Rent $3,100 MARMLS
- 2025-08-18 Price Changed $230,000 MARMLS
- 2025-04-09 Listed $250,000 MARMLS
- 2025-03-13 Listing Removed — Beaches MLS
- 2024-12-14 Listed $250,000 Beaches MLS
- 2024-04-17 Sold (Public Records) $175,000 Public Records
- 2024-04-15 Sold (MLS) $175,000 Beaches MLS
- 2024-04-04 Pending — Beaches MLS
- 2024-03-14 Contingent — Beaches MLS
- 2024-03-13 Price Changed $169,500 Beaches MLS
- 2024-03-13 Relisted — Beaches MLS
- 2024-02-28 Pending — Beaches MLS
- 2024-02-07 Price Changed $199,999 Beaches MLS
- 2024-01-12 Price Changed $214,999 Beaches MLS
- 2024-01-01 Listed $234,999 Beaches MLS
- 2023-12-21 Coming Soon $234,999 Beaches MLS
- 2019-10-18 Pending — MARMLS
- 2019-05-28 Sold (Public Records) $155,000 Public Records
- 2019-04-16 Pending — MARMLS
- 2019-03-13 Listing Removed — MARMLS
- 2019-02-05 Price Changed $159,900 MARMLS
- 2019-01-24 Price Changed $179,900 MARMLS
- 2019-01-22 Price Changed $1,799,000 MARMLS
- 2018-11-14 Price Changed $189,000 MARMLS
- 2018-08-01 Listed $248,000 MARMLS
- 2014-04-21 Listing Removed — MARMLS
- 2013-11-21 Relisted — MARMLS
- 2013-11-21 Price Changed $219,000 MARMLS
- 2013-08-26 Pending — MARMLS
- 2013-08-19 Price Changed $169,000 MARMLS
- 2013-07-28 Price Changed $179,000 MARMLS
- 2013-07-14 Price Changed $157,900 MARMLS
- 2011-07-14 Sold (Public Records) $75,500 Public Records
- 1993-07-15 Sold (Public Records) $38,000 Public Records
Property tax history
+15.8%/yrLatest (2025): $2,406 · -7.1% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…