2750 NE 183rd St #709 · Aventura, FL 33160

$270,000

2 bd · 2.0 ba · 1,232 sqft · Condo public records · 102 Days on market

Built 1971 $1076/mo HOA · 29% of rent

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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 +13.4/30.0
• 1% rule +8.7/10.0
• ARV discount +7.5/15.0
• Appreciation +5.3/10.0
• Schools +4.2/10.0
• DSCR +4.0/10.0
• Livability +4.0/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Immaculate unit, clean a ready to move in !!! Bay view, Great location close to everything, excellent schools.

Key facts

• Low hoa fees
• Sweeping views
• Open living space

Tags

• SWEEPING VIEWS
• LOW HOA FEES
• OPEN LIVING SPACE
• DECK

Property features AI

Finance

• HOA & community: Condo association with monthly fee; Monthly HOA covers grounds and structure maintenance, sewer, water, common areas, elevator, recreation facilities, and pool service; Amenities include clubhouse, fitness center, parking, pool, courtesy bus, and maintenance

Exterior

• Parking: One covered garage space; Guest parking available
• Security: Fire alarm; Security guard; Security system
• Utilities: Water included in association fees; Sewer included in association fees; Electric service
• Home design: Condominium; 28-story building
• Construction: Block construction
• Exterior features: Not waterfront; East of US-1 road frontage

Interior

• Kitchen: Includes disposal, dishwasher, electric range, microwave, refrigerator
• Bedrooms: One main-level bedroom
• Flooring: Ceramic tile
• Bathrooms: Two full bathrooms (one on the main level)
• Heating & cooling: Electric heating; Electric cooling
• Interior features: Updated/remodeled condition; Disposal; Dishwasher; Electric range; Microwave; Refrigerator

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath condo listed at $270k.

Deal economics

• At list price, monthly cash flow is $-423 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $195k (27.7% below list).
• Meets the 1% rule at list price ($4k rent vs $270k).
• Recommended offer: $195k (27.7% below list) — sets the bar for cash-flow.
• Cap rate 6.3% 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 $3,696/mo this rent would consume 66% 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 $3k of equity ($2k 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.
• By year 9, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 102 days — a 9% lower offer ($246k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 7y ago; this cycle's ask has dropped $17k (6%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; HOA is 29% 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 $195,337 (27.7% 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 102 days. Have you received any prior offers? Is the seller open to a 28% 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: 1.37% ✓
• Cap rate: 6.31%
• Cash-on-cash: 0.06%
• DSCR: 1.00
• GRM: 6.1

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: -9.6%
• Equity multiple: 0.54×
• Total profit: $-34,604
• Equity at exit: $85,588

10-year hold

• IRR: -5.8%
• Equity multiple: 0.38×
• Total profit: $-47,206
• Equity at exit: $108,809

Cash invested: $75,600 (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: 6.1×

Monthly cashflow live

• Estimated rent: $3,696 medium
• Mortgage (P&I): −$1,416
• Tax from tax record: −$312 /mo · $3,738/yr
• Insurance: −$112
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$1,076
• Vacancy / Maint / Mgmt: −$776
• Net cashflow: $-423

Break-even live

Break-even rent $4,231

Max offer price $195,337

Occupancy floor —

Sensitivity live

Price	-10% $-270	-5% $-346	+0% $-423	+5% $-499	+10% $-575
Rent	-10% $-715	-5% $-569	+0% $-423	+5% $-277	+10% $-131
Rate	-1.0pp $-287	-0.5pp $-354	base $-423	+0.5pp $-493	+1.0pp $-564

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: $67,500
• Closing costs: $8,100
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $1,076 · $12,912/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 39 events

1. 2026-06-21
   days on market $270,000 Active 102 DOM
2. 2026-06-18
   days on market $270,000 Active 99 DOM
3. 2026-06-17
   days on market $270,000 Active 98 DOM
4. 2026-06-16
   days on market $270,000 Active 97 DOM
5. 2026-06-15
   days on market $270,000 Active 96 DOM
6. 2026-06-13
   days on market $270,000 Active 94 DOM
7. 2026-06-09
   days on market $270,000 Active 90 DOM
8. 2026-06-08
   days on market $270,000 Active 89 DOM
9. 2026-06-07
   days on market $270,000 Active 88 DOM
10. 2026-06-04
    days on market $270,000 Active 85 DOM
11. 2026-06-03
    days on market $270,000 Active 84 DOM
12. 2026-06-02
    days on market $270,000 Active 83 DOM
13. 2026-06-01
    days on market $270,000 Active 82 DOM
14. 2026-05-31
    days on market $270,000 Active 81 DOM
15. 2026-05-20
    price $275,000
16. 2026-04-21
    price $280,000
17. 2026-01-23
    listed $287,000 Active
18. 2024-12-31
    historical
19. 2024-04-29
    listed $300,000
20. 2022-10-13
    soldstatus $337,500
21. 2022-09-08
    soldstatus $337,500 Closed 110-char remark

    Show marketing remark (110 chars)

    Immaculate unit, clean a ready to move in !!! Bay view, Great location close to everything, excellent schools.

22. 2022-08-29
    status Pending 110-char remark

    Show marketing remark (110 chars)

    Immaculate unit, clean a ready to move in !!! Bay view, Great location close to everything, excellent schools.

23. 2022-07-15
    listed $350,000 Active 110-char remark

    Show marketing remark (110 chars)

    Immaculate unit, clean a ready to move in !!! Bay view, Great location close to everything, excellent schools.

24. 2021-07-09
    soldstatus $210,000
25. 2021-06-29
    historical Active Under Contract
26. 2021-06-28
    soldstatus $210,000 Closed
27. 2021-02-18
    status Pending
28. 2021-01-18
    listed $220,000 Active
29. 2020-12-07
    historical
30. 2020-01-06
    listed $230,000 Active
31. 2020-01-02
    historical
32. 2019-10-04
    price $235,000
33. 2019-09-03
    price $245,000
34. 2019-07-05
    status Active
35. 2019-07-02
    historical
36. 2019-02-02
    listed $260,000 Active
37. 2004-10-12
    soldstatus $235,000
38. 2004-05-28
    soldstatus $178,000
39. 2002-06-11
    soldstatus $128,500

ⓘ 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: $3,738 · $312/mo
• Projected year-2 tax: $3,738 · $312/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: $44,352
• − Mortgage interest: −$15,124
• − Property taxes: −$3,738
• − Insurance: −$6,469
• − Repairs & maintenance: −$3,548
• − Management: −$3,548
• − HOA: −$12,912
• − Depreciation: −$7,855
• Taxable loss: −$8,842
• Est. tax savings @ 24.0%: +$2,122
• After-tax cash flow: $-2,950/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
• City population: 34,147
• 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

+114.0% since first listed

25 events — show timeline

• 2026-05-20 Price Changed $275,000 Beaches MLS
• 2026-04-21 Price Changed $280,000 Beaches MLS
• 2026-01-23 Listed $287,000 Beaches MLS
• 2024-12-31 Listing Removed — Beaches MLS
• 2024-04-29 Listed $300,000 Beaches MLS
• 2022-10-13 Sold (Public Records) $337,500 Public Records
• 2022-09-08 Sold (MLS) $337,500 MARMLS
• 2022-08-29 Pending — MARMLS
• 2022-07-15 Listed $350,000 MARMLS
• 2021-07-09 Sold (Public Records) $210,000 Public Records
• 2021-06-29 Contingent — MARMLS
• 2021-06-28 Sold (MLS) $210,000 MARMLS
• 2021-02-18 Pending — MARMLS
• 2021-01-18 Listed $220,000 MARMLS
• 2020-12-07 Listing Removed — MARMLS
• 2020-01-06 Listed $230,000 MARMLS
• 2020-01-02 Listing Removed — MARMLS
• 2019-10-04 Price Changed $235,000 MARMLS
• 2019-09-03 Price Changed $245,000 MARMLS
• 2019-07-05 Relisted — MARMLS
• 2019-07-02 Listing Removed — MARMLS
• 2019-02-02 Listed $260,000 MARMLS
• 2004-10-12 Sold (Public Records) $235,000 Public Records
• 2004-05-28 Sold (Public Records) $178,000 Public Records
• 2002-06-11 Sold (Public Records) $128,500 Public Records

Property tax history

+9.8%/yr

Latest (2025): $3,738 · -18.5% YoY. Source: county tax records.