20335 W Country Club Dr #405 · Aventura, FL
Flood risk 7/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.77%
- 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 103°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 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 C 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 +19.6/30.0
- 1% rule +9.8/10.0
- ARV discount +7.5/15.0
- DSCR +6.2/10.0
- Schools +4.2/10.0
- Livability +4.0/5.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- Appreciation +0.0/10.0
$215,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
TURN KEY huge 1/1.5 with unobstructed Golf and sunrise view from its own screened terrace in Aventura . Fully renovated and furnished (option) with move-in condition. Unit comes with one assigned parking space and convenient storage at a same floor! 24 hour security, pool, gym, cable & internet included in HOA. Complex offers guarded security and resort style amenities you deserve!Walking distance of Aventura Shopping Center, newly build water park in front of the community, strategically located between 2 main airports. Great for investor - unit is getting rented with long term lease. All assessments have been paid off!
Key facts
- Spacious balcony
- Unobstructed views
- Storage space
Tags
Property features AI
Finance
- Other: Association pool
- Financial info: Pets not allowed
- HOA & community: Monthly association fee of $808; Association amenities include clubhouse, elevators, fitness center, laundry, pool, and trash; Association covers amenities, common areas, structural maintenance, pool(s), sewer, security, trash, and water
Exterior
- Parking: Assigned covered parking (1 space); 1-car garage
- Security: Complex fenced; Intercom; Key card entry; Security guard; Smoke detectors
- Utilities: Central water and sewer included in association; Electric service available
- Home design: Attached property; Entry level: 0
- Construction: Aluminum siding; Resale property
- Exterior features: Enclosed porch; Porch; Screened porch
Interior
- Kitchen: Dishwasher; Electric range; Disposal; Microwave; Refrigerator
- Flooring: Hardwood; Wood
- Bathrooms: 1 full bathroom; 1 half bathroom
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Sliding windows; Other interior features
- Laundry & utility: Common area laundry
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $215k.
Deal economics
- At list price, monthly cash flow is $-178 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $184k (14.6% below list).
- Meets the 1% rule at list price ($3k rent vs $215k).
- Recommended offer: $184k (14.6% below list) — sets the bar for cash-flow.
- Cap rate 7.7% 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 soft (-1.5%/yr); 985 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 10,051 units permitted in Miami-Dade County in 2024 (7,758 in 5+ unit buildings).
- This rent runs 42% of the median local income ($91k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- 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 153 days — a 12% lower offer ($189k) is reasonable based on typical stale-listing flexibility.
- 5 sale attempts since 10y ago; this cycle's ask has dropped $25k (10%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $172k; 25% 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 25% 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→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 153 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
- Built in 1975 — 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?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- 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
- 1.48% ✓
- Cap rate
- 7.68%
- Cash-on-cash
- 4.95%
- DSCR
- 1.22
- GRM
- 5.6
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -28.5%
- Equity multiple
- 0.09×
- Total profit
- $-54,701
- Equity at exit
- $32,057
- IRR
- -72.5%
- Equity multiple
- -0.58×
- Total profit
- $-95,003
- Equity at exit
- $18,589
Cash invested: $60,200 (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 33180
- Rents YoY
- -1.5%
- Active inventory
- 985
- Price-to-rent
- 5.6×
Monthly cashflow live
- Estimated rent
- $3,175 high interval (Pro) →
- Mortgage (P&I)
- −$1,127
- Tax from tax record
- −$235 /mo · $2,815/yr
- Insurance
- −$90
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$808
- Vacancy / Maint / Mgmt
- −$667
- Net cashflow
- $-178
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
- $53,750
- Closing costs
- $6,450
- 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.
Rent comps 7 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 215 SE 5th St Hallandale Beach, FL | 2.0–3.0 | 2.0 | 1133 | $2,700 | $2.38 | 24d | 5 | 1.28mi |
| 3180 S Ocean Dr #1709 Hallandale Beach, FL | 2.0 | 2.0 | 1105 | $4,000 | $3.62 | 7d | 1 | 1.47mi |
| 3180 S Ocean Dr Hallandale Beach, FL | 2.0–3.0 | 2.0 | 1263 | $3,750 | $2.97 | 20d | 2 | 1.47mi |
| 3180 S Ocean Dr Hallandale Beach, FL | 2.0–3.0 | 2.0 | 1285 | $3,650 | $2.84 | 24d | 3 | 1.47mi |
| 1180 E Hallandale Beach Blvd Unit 1241877P Hallandale Beach, FL | 1.0–2.0 | 1.0–2.0 | 844 | $2,465 | $2.92 | 3d | 2 | 1.47mi |
| 90 SW 3rd St Unit 2400 Hallandale Beach, FL | 2.0 | 2.0 | 1079 | $3,700 | $3.43 | 24d | 1 | 1.47mi |
| 3140 S Ocean Dr Hallandale Beach, FL | 2.0 | 2.0 | 1100 | $4,250 | $3.86 | 1d | 2 | 1.50mi |
HOA detail condo
- Monthly dues
- $808 · $9,696/yr
- Likely covers
- waterinternetcablepoolgymsecurityparking
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 34 events
-
2026-06-18days on market $215,000 Active 153 DOM
-
2026-06-17days on market $215,000 Active 152 DOM
-
2026-06-16days on market $215,000 Active 151 DOM
-
2026-06-15days on market $215,000 Active 150 DOM
-
2026-06-13days on market $215,000 Active 148 DOM
-
2026-06-09days on market $215,000 Active 144 DOM
-
2026-06-08days on market $215,000 Active 143 DOM
-
2026-06-07days on market $215,000 Active 142 DOM
-
2026-06-04days on market $215,000 Active 139 DOM
-
2026-06-03days on market $215,000 Active 138 DOM
-
2026-06-02days on market $215,000 Active 137 DOM
-
2026-06-01days on market $215,000 Active 136 DOM
-
2026-05-31days on market $215,000 Active 135 DOM
-
2026-05-21price $215,000
-
2026-03-24price $230,000
-
2026-01-16$240,000 Active
-
2020-01-06soldstatus $172,500
-
2019-12-13soldstatus $172,500 Closed 634-char remark
Show marketing remark (634 chars)
TURN KEY huge 1/1.5 with unobstructed Golf and sunrise view from its own screened terrace in Aventura . Fully renovated and furnished (option) with move-in condition. Unit comes with one assigned parking space and convenient storage at a same floor! 24 hour security, pool, gym, cable & internet included in HOA. Complex offers guarded security and resort style amenities you deserve!Walking distance of Aventura Shopping Center, newly build water park in front of the community, strategically located between 2 main airports. Great for investor - unit is getting rented with long term lease. All assessments have been paid off!
-
2019-11-09status Pending 634-char remark
Show marketing remark (634 chars)
TURN KEY huge 1/1.5 with unobstructed Golf and sunrise view from its own screened terrace in Aventura . Fully renovated and furnished (option) with move-in condition. Unit comes with one assigned parking space and convenient storage at a same floor! 24 hour security, pool, gym, cable & internet included in HOA. Complex offers guarded security and resort style amenities you deserve!Walking distance of Aventura Shopping Center, newly build water park in front of the community, strategically located between 2 main airports. Great for investor - unit is getting rented with long term lease. All assessments have been paid off!
-
2019-09-16$183,500 Active 634-char remark
Show marketing remark (634 chars)
TURN KEY huge 1/1.5 with unobstructed Golf and sunrise view from its own screened terrace in Aventura . Fully renovated and furnished (option) with move-in condition. Unit comes with one assigned parking space and convenient storage at a same floor! 24 hour security, pool, gym, cable & internet included in HOA. Complex offers guarded security and resort style amenities you deserve!Walking distance of Aventura Shopping Center, newly build water park in front of the community, strategically located between 2 main airports. Great for investor - unit is getting rented with long term lease. All assessments have been paid off!
-
2019-09-10historical
-
2019-07-08price $187,000
-
2019-06-11$193,000 Active
-
2017-08-01soldstatus $149,000 Sold
-
2017-07-31soldstatus $149,000
-
2017-07-06status Pending
-
2017-06-12price $158,000
-
2017-04-20$165,000 Active
-
2017-04-19historical
-
2017-02-08price $165,000
-
2016-12-28$170,000 Active
-
2009-06-26soldstatus $120,000
-
2009-06-22soldstatus $120,000
-
2000-05-17soldstatus $67,000
ⓘ 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
- $2,815 · $235/mo
- Projected year-2 tax
- $2,815 · $235/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 7/10 Severe FEMA zone AE · 77% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 7 d/yr ≥103°F today · 25 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
- $38,097
- − Mortgage interest
- −$12,043
- − Property taxes
- −$2,815
- − Insurance
- −$6,194
- − Repairs & maintenance
- −$3,048
- − Management
- −$3,048
- − HOA
- −$9,696
- − Depreciation
- −$6,255
- Taxable loss
- −$5,000
- Est. tax savings @ 24.0%
- +$1,200
- After-tax cash flow
- $-937/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
- 34,147
- Metro
- Miami-Fort Lauderdale-Pompano Beach, FL
- Population (ZIP)
- 34,147
- Household income
- $91,055
- Rent vs Own
- Severe rent burden
- 1838.0
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
- White 46% Hispanic / Latino 45% Two or more races 28% Black 2% Asian 2%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 2% Cuban 7% Dominican 1% Salvadoran 6%
- Common ancestry
- Scotch-Irish 5% Romanian 5% Italian 3%
- Foreign-born
- 52% · Canada, Jamaica, Dominican Republic
- Languages at home
- 30% English-only · Spanish 49% Other Indo-European 6% Russian/Polish/Slavic 4%
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
- ▼ -343.81%
- Current HPI
- 234.7715
- Rent YoY
- ▼ -1.51%
- 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 |
|
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| Insurance | 2 | $17B |
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| Retail | 1 | $60B |
|
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| Technology Distribution | 1 | $58B |
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| Homebuilding | 1 | $35B |
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| Technology Manufacturing | 1 | $35B |
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Price history
+220.9% since first listed21 events — show timeline
- 2026-05-21 Price Changed $215,000 MARMLS
- 2026-03-24 Price Changed $230,000 MARMLS
- 2026-01-16 Listed $240,000 MARMLS
- 2020-01-06 Sold (Public Records) $172,500 Public Records
- 2019-12-13 Sold (MLS) $172,500 MARMLS
- 2019-11-09 Pending — MARMLS
- 2019-09-16 Listed $183,500 MARMLS
- 2019-09-10 Listing Removed — MARMLS
- 2019-07-08 Price Changed $187,000 MARMLS
- 2019-06-11 Listed $193,000 MARMLS
- 2017-08-01 Sold (MLS) $149,000 MARMLS
- 2017-07-31 Sold (Public Records) $149,000 Public Records
- 2017-07-06 Pending — MARMLS
- 2017-06-12 Price Changed $158,000 MARMLS
- 2017-04-20 Listed $165,000 MARMLS
- 2017-04-19 Listing Removed — MARMLS
- 2017-02-08 Price Changed $165,000 MARMLS
- 2016-12-28 Listed $170,000 MARMLS
- 2009-06-26 Sold (Public Records) $120,000 Public Records
- 2009-06-22 Sold (MLS) $120,000 MARMLS
- 2000-05-17 Sold (Public Records) $67,000 Public Records
Property tax history
+5.3%/yrLatest (2025): $2,815 · -0.5% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…