3475 N Country Club Dr #409 · Aventura, FL
Flood risk 8/10 · Major
- FEMA flood zone
- AE
- Chance of flooding over 30 yrs
- 0.97%
- 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)
- 6 days/yr
- Hot days in 30 yrs
- 22 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 +18.3/30.0
- 1% rule +10.0/10.0
- ARV discount +7.5/15.0
- DSCR +5.7/10.0
- Schools +5.0/10.0
- Livability +4.0/5.0
- Condition / age +2.5/5.0
- Rent growth +2.1/5.0
- Appreciation +0.0/10.0
$167,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Prime Aventura Location, Great opportunity best deal in the building: beautiful, remodeled, furnished, vacant and ready to move in 1 bedroom, 1.1/2 bathrooms apt in the heart of the city for Excellence!. Motorized shades in living room and bedroom, speakers to listen to music in the whole apt: kitchen, living room, bedroom and bathrooms. Conveniently located, walking distance to Aventura Mall, Waterways Shoppes, and close to the beaches, parks and Aventura Hospital. 20 minutes to Fort Lauderdale and Miami Airports. HOA includes cable, internet, hot water. Easy to show, please text Listing Agent.
Key facts
- Close to parks
- Close to beaches
- $746 HOA
Tags
Property features AI
Finance
- Financial info: Pets not allowed / pet restrictions
- HOA & community: Association fee $746 monthly; Association fee covers hot water, internet, laundry, grounds maintenance, parking, pest control, sewer, security, trash, and water; Community amenities include billiard room, fitness center, laundry, library, barbecue/picnic area, pool, storage, trash service, and elevators; Community of 276 units
Exterior
- Parking: Assigned parking; Guest parking; 1 covered/garage space
- Security: Secured lobby; Security guard; Smoke detectors
- Utilities: Cable available
- Home design: Condominium in a multi-story building (8 stories); Faces north; Entry on level 4; Updated/remodeled; Attached property
- Construction: Block construction; Effective year built
- Exterior features: Balcony (screened); Barbecue; Storm/security shutters; Canal-front location; Association pool
Interior
- Kitchen: Electric range; Microwave; Refrigerator
- Bedrooms: Primary suite with sitting area (entry level)
- Flooring: Tile flooring
- Bathrooms: 1 full bathroom; 1 half bathroom
- Heating & cooling: Central heating; Central air conditioning
- Interior features: Blinds on windows; Furnished; Main living area on entry level; Sitting area in primary suite; Tub with shower; Walk-in closet(s)
- Laundry & utility: Laundry in common area; Storage room; Utility room
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $167k.
Deal economics
- At list price, monthly cash flow is $-275 ($-3k/yr) — negative.
- To cash-flow at today's rent, offer at most $118k (29.1% below list).
- Meets the 1% rule at list price ($3k rent vs $167k).
- Recommended offer: $118k (29.1% below list) — sets the bar for cash-flow.
- Cap rate 7.4% 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.
- 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).
- Market conditions: Rents soft (-1.5%/yr); 993 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 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 35% 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 $5k 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 58 days — a 3% lower offer ($162k) is reasonable based on typical stale-listing flexibility.
- 4 sale attempts; this cycle's ask has dropped $20k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $100k; list at $167k implies a 67% gain — meaningful room to come down on a strong offer.
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 6→22/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 58 days. Have you received any prior offers? Is the seller open to a 29% concession, seller financing, or rate buy-down credit?
- 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
- 1.58% ✓
- Cap rate
- 7.38%
- Cash-on-cash
- 3.89%
- DSCR
- 1.17
- GRM
- 5.3
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -36.2%
- Equity multiple
- -0.10×
- Total profit
- $-51,552
- Equity at exit
- $24,900
- IRR
- —
- Equity multiple
- -1.02×
- Total profit
- $-94,229
- Equity at exit
- $14,439
Cash invested: $46,760 (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
- 993
- Price-to-rent
- 5.3×
Monthly cashflow live
- Estimated rent
- $2,645 medium interval (Pro) →
- Mortgage (P&I)
- −$876
- Tax from tax record
- −$247 /mo · $2,965/yr
- Insurance
- −$70
- Flood insurance flood zone
- −$427 /mo · $5,118/yr
- HOA
- −$746
- Vacancy / Maint / Mgmt
- −$556
- Net cashflow
- $-275
Break-even live
Sensitivity live
| Price | -10% $-181 | -5% $-228 | +0% $-275 | +5% $-322 | +10% $-370 |
|---|---|---|---|---|---|
| Rent | -10% $-484 | -5% $-380 | +0% $-275 | +5% $-171 | +10% $-66 |
| Rate | -1.0pp $-191 | -0.5pp $-233 | base $-275 | +0.5pp $-318 | +1.0pp $-362 |
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
- $41,750
- Closing costs
- $5,010
- 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 3 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 1180 E Hallandale Beach Blvd Unit 1241877P Hallandale Beach, FL | 1.0–2.0 | 1.0–2.0 | 844 | $2,465 | $2.92 | 5d | 2 | 1.23mi |
| 2602 E Hallandale Beach Blvd Unit 1227270P Hallandale Beach, FL | 2.0 | 1.0–2.0 | 640 | $3,224 | $5.04 | 0d | 3 | 1.39mi |
| 2601 E Hallandale Beach Blvd Unit 1227344P Hallandale Beach, FL | 1.0–2.0 | 1.0–2.0 | 844 | $2,465 | $2.92 | 3d | 2 | 1.40mi |
HOA detail condo
- Monthly dues
- $746 · $8,952/yr
- Likely covers
- waterinternetcable
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 24 events
-
2026-06-21days on market $167,000 Active 58 DOM
-
2026-06-18days on market $167,000 Active 55 DOM
-
2026-06-17days on market $167,000 Active 54 DOM
-
2026-06-16days on market $167,000 Active 53 DOM
-
2026-06-15days on market $167,000 Active 52 DOM
-
2026-06-13days on market $167,000 Active 50 DOM
-
2026-06-09days on market $167,000 Active 46 DOM
-
2026-06-08days on market $167,000 Active 45 DOM
-
2026-06-07pricedays on market $167,000 Active 44 DOM
-
2026-06-04days on market $187,000 Active 41 DOM
-
2026-06-03days on market $187,000 Active 40 DOM
-
2026-06-02days on market $187,000 Active 39 DOM
-
2026-06-01days on market $187,000 Active 38 DOM
-
2026-05-31days on market $187,000 Active 37 DOM
-
2026-04-24$187,000 Active
-
2026-04-01historical $1,800
-
2026-03-18$1,800
-
2026-02-19historical
-
2026-01-28$1,900 Active
-
2026-01-01historical $1,900
-
2025-10-30$1,900
-
2003-09-22soldstatus $100,000
-
1999-08-25soldstatus $49,000
-
1979-12-01soldstatus $52,000
ⓘ 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
- $2,965 · $247/mo
- Projected year-2 tax
- $2,965 · $247/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 · 97% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 10/10 Extreme 6 d/yr ≥103°F today · 22 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
- $31,744
- − Mortgage interest
- −$9,355
- − Property taxes
- −$2,965
- − Insurance
- −$5,954
- − Repairs & maintenance
- −$2,540
- − Management
- −$2,540
- − HOA
- −$8,952
- − Depreciation
- −$4,858
- Taxable loss
- −$5,418
- Est. tax savings @ 24.0%
- +$1,300
- After-tax cash flow
- $-2,001/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)
No district data.
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
+259.6% since first listed10 events — show timeline
- 2026-04-24 Listed $187,000 MARMLS
- 2026-04-01 Rental Removed $1,800 MARMLS
- 2026-03-18 Listed for Rent $1,800 MARMLS
- 2026-02-19 Listing Removed — MARMLS
- 2026-01-28 Listed $1,900 MARMLS
- 2026-01-01 Rental Removed $1,900 MARMLS
- 2025-10-30 Listed for Rent $1,900 MARMLS
- 2003-09-22 Sold (Public Records) $100,000 Public Records
- 1999-08-25 Sold (Public Records) $49,000 Public Records
- 1979-12-01 Sold (Public Records) $52,000 Public Records
Property tax history
+12.5%/yrLatest (2025): $2,965 · -0.9% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…