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B+ Composite 76.17
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 +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • 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

$169,999

2750 NE 183rd St #1107 · Aventura, FL 33160
1 bd · 1.5 ba · 873 sqft · Condo public records · 799 Days on market
Built 1971 $886/mo HOA · 25% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Spacious and bright waterfront condo with resort style amenities in a prime gated community in Aventura. Comfortable eat-in-kitchen and well kept original interior. Apartment has ceramic tiles and carpet throughout. The extra 1/2 bath provides convenience and privacy for your guests. The amenities include two heated pools, two tennis courts, gym, game room, library, doorman. Minutes away from the beach and steps away from Fresh Market and many other shops on Biscayne Blvd. Maintenance includes internet, water, basic cable. No current assessments and includes one storage space and parking spot. This unit is also a perfect investment as the current tenant would be open to signing a one year lease. Priced to sell and easy to show. Come see it today!

Key facts

  • Waterfront living
  • Open-concept layout
  • $886 HOA

Tags

WATERFRONT LIVINGBOAT DOCK SPACE LEASEOPEN-CONCEPT LAYOUTRESORT-STYLE AMENITIES

Property features AI

Finance

  • Financial info: Pets not allowed
  • HOA & community: Monthly association fee; Association fee covers amenities, common areas, cable TV, structural maintenance, parking, sewer, trash, and water; Association amenities include boat dock, elevators, fitness center, barbecue, picnic area, pool, and tennis courts

Exterior

  • Parking: Guest parking; One assigned parking space
  • Security: Complex fenced; Secured lobby
  • Home design: Attached property; Entry located on level 11; 11th-floor entry
  • Construction: Block construction; Resale property; 27 total stories
  • Exterior features: Awning(s); Barbecue; Deck; Fence; Tennis court(s); Association pool

Interior

  • Kitchen: Electric range; Microwave; Dishwasher; Refrigerator
  • Flooring: Carpet; Ceramic tile
  • Bathrooms: 1 full bathroom; 1 half bathroom
  • Heating & cooling: Central heating (electric); Central air conditioning (electric)
  • Interior features: Pantry
  • Laundry & utility: Washer; Dryer; Electric water heater

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.5-bath condo listed at $170k.

Deal economics

  • At list price, monthly cash flow is $306 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($4k rent vs $170k).
  • Recommended offer: $150k (12.0% below list) — sets the bar for market timing.
  • Cap rate 11.5% 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 $3,544/mo this rent would consume 63% 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 + $896 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.
  • At projected returns (0.5% appreciation + 0.9% rent growth), your $48k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 799 days — a 12% lower offer ($150k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts since 6y ago; this cycle's ask has dropped $50k (23%) 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 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→26/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $149,599 (12.0% below list)

Questions for the listing agent

  1. It's been on market 799 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. 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?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. 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?
  9. 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?
  10. 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.
  11. 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.
  12. 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
2.08%
Cap rate
11.46%
Cash-on-cash
18.47%
DSCR
1.82
GRM
4.0

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
5.5%
Equity multiple
1.26×
Total profit
$12,445
Equity at exit
$53,889
10-year hold
IRR
7.7%
Equity multiple
1.81×
Total profit
$38,334
Equity at exit
$68,509

Cash invested: $47,600 (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.

ZIP-level market 33160

Home prices YoY
0.2%
Rents YoY
0.9%
Active inventory
1870
Price-to-rent
4.0×

Monthly cashflow live

Estimated rent
$3,544 medium interval (Pro) →
Mortgage (P&I)
$891
Tax from tax record
$219 /mo · $2,622/yr
Insurance
$71
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$886
Vacancy / Maint / Mgmt
$744
Net cashflow
$306

Break-even live

Break-even rent $3,156
Max offer price $169,999
Occupancy floor 86%

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
$42,500
Closing costs
$5,100
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
$886 · $10,632/yr
Likely covers
waterinternetcablepoolgymdoormansecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 31 events

  1. 2026-06-18
    days on market $169,999 Active 799 DOM
  2. 2026-06-17
    days on market $169,999 Active 798 DOM
  3. 2026-06-16
    days on market $169,999 Active 797 DOM
  4. 2026-06-15
    days on market $169,999 Active 796 DOM
  5. 2026-06-13
    days on market $169,999 Active 794 DOM
  6. 2026-06-09
    days on market $169,999 Active 790 DOM
  7. 2026-06-08
    days on market $169,999 Active 789 DOM
  8. 2026-06-08
    days on market $169,999 Active 788 DOM
  9. 2026-06-04
    days on market $169,999 Active 785 DOM
  10. 2026-06-03
    days on market $169,999 Active 784 DOM
  11. 2026-06-02
    days on market $169,999 Active 783 DOM
  12. 2026-06-01
    days on market $169,999 Active 782 DOM
  13. 2026-05-31
    days on market $169,999 Active 781 DOM
  14. 2026-03-11
    status Active
  15. 2026-03-11
    historical Active Under Contract
  16. 2025-06-10
    price $169,999
  17. 2025-03-11
    price $179,999
  18. 2024-10-22
    price $189,999
  19. 2024-07-24
    price $205,000
  20. 2024-06-19
    price $215,000
  21. 2024-04-09
    listed $220,000 Active
  22. 2022-03-11
    soldstatus $150,000
  23. 2020-12-22
    soldstatus $134,000
  24. 2020-12-01
    soldstatus $131,000 Closed 756-char remark
    Show marketing remark (756 chars)

    Spacious and bright waterfront condo with resort style amenities in a prime gated community in Aventura. Comfortable eat-in-kitchen and well kept original interior. Apartment has ceramic tiles and carpet throughout. The extra 1/2 bath provides convenience and privacy for your guests. The amenities include two heated pools, two tennis courts, gym, game room, library, doorman. Minutes away from the beach and steps away from Fresh Market and many other shops on Biscayne Blvd. Maintenance includes internet, water, basic cable. No current assessments and includes one storage space and parking spot. This unit is also a perfect investment as the current tenant would be open to signing a one year lease. Priced to sell and easy to show. Come see it today!

  25. 2020-09-27
    status Pending 756-char remark
    Show marketing remark (756 chars)

    Spacious and bright waterfront condo with resort style amenities in a prime gated community in Aventura. Comfortable eat-in-kitchen and well kept original interior. Apartment has ceramic tiles and carpet throughout. The extra 1/2 bath provides convenience and privacy for your guests. The amenities include two heated pools, two tennis courts, gym, game room, library, doorman. Minutes away from the beach and steps away from Fresh Market and many other shops on Biscayne Blvd. Maintenance includes internet, water, basic cable. No current assessments and includes one storage space and parking spot. This unit is also a perfect investment as the current tenant would be open to signing a one year lease. Priced to sell and easy to show. Come see it today!

  26. 2020-09-15
    price $130,000 756-char remark
    Show marketing remark (756 chars)

    Spacious and bright waterfront condo with resort style amenities in a prime gated community in Aventura. Comfortable eat-in-kitchen and well kept original interior. Apartment has ceramic tiles and carpet throughout. The extra 1/2 bath provides convenience and privacy for your guests. The amenities include two heated pools, two tennis courts, gym, game room, library, doorman. Minutes away from the beach and steps away from Fresh Market and many other shops on Biscayne Blvd. Maintenance includes internet, water, basic cable. No current assessments and includes one storage space and parking spot. This unit is also a perfect investment as the current tenant would be open to signing a one year lease. Priced to sell and easy to show. Come see it today!

  27. 2020-07-30
    price $134,000 756-char remark
    Show marketing remark (756 chars)

    Spacious and bright waterfront condo with resort style amenities in a prime gated community in Aventura. Comfortable eat-in-kitchen and well kept original interior. Apartment has ceramic tiles and carpet throughout. The extra 1/2 bath provides convenience and privacy for your guests. The amenities include two heated pools, two tennis courts, gym, game room, library, doorman. Minutes away from the beach and steps away from Fresh Market and many other shops on Biscayne Blvd. Maintenance includes internet, water, basic cable. No current assessments and includes one storage space and parking spot. This unit is also a perfect investment as the current tenant would be open to signing a one year lease. Priced to sell and easy to show. Come see it today!

  28. 2020-07-01
    listed $140,000 Active 756-char remark
    Show marketing remark (756 chars)

    Spacious and bright waterfront condo with resort style amenities in a prime gated community in Aventura. Comfortable eat-in-kitchen and well kept original interior. Apartment has ceramic tiles and carpet throughout. The extra 1/2 bath provides convenience and privacy for your guests. The amenities include two heated pools, two tennis courts, gym, game room, library, doorman. Minutes away from the beach and steps away from Fresh Market and many other shops on Biscayne Blvd. Maintenance includes internet, water, basic cable. No current assessments and includes one storage space and parking spot. This unit is also a perfect investment as the current tenant would be open to signing a one year lease. Priced to sell and easy to show. Come see it today!

  29. 1999-12-16
    soldstatus $46,000
  30. 1997-03-11
    soldstatus $39,000
  31. 1995-05-01
    soldstatus $35,000

ⓘ 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
$2,622 · $219/mo
Projected year-2 tax
$2,622 · $219/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

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$42,525
− Mortgage interest
−$9,523
− Property taxes
−$2,622
− Insurance
−$5,968
− Repairs & maintenance
−$3,402
− Management
−$3,402
− HOA
−$10,632
− Depreciation
−$4,945
Taxable income
$2,030
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$487
After-tax cash flow
$3,186/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

Price history

+385.7% since first listed
18 events — show timeline
  • 2026-03-11 Relisted MARMLS
  • 2026-03-11 Contingent MARMLS
  • 2025-06-10 Price Changed $169,999 MARMLS
  • 2025-03-11 Price Changed $179,999 MARMLS
  • 2024-10-22 Price Changed $189,999 MARMLS
  • 2024-07-24 Price Changed $205,000 MARMLS
  • 2024-06-19 Price Changed $215,000 MARMLS
  • 2024-04-09 Listed $220,000 MARMLS
  • 2022-03-11 Sold (Public Records) $150,000 Public Records
  • 2020-12-22 Sold (Public Records) $134,000 Public Records
  • 2020-12-01 Sold (MLS) $131,000 MARMLS
  • 2020-09-27 Pending MARMLS
  • 2020-09-15 Price Changed $130,000 MARMLS
  • 2020-07-30 Price Changed $134,000 MARMLS
  • 2020-07-01 Listed $140,000 MARMLS
  • 1999-12-16 Sold (Public Records) $46,000 Public Records
  • 1997-03-11 Sold (Public Records) $39,000 Public Records
  • 1995-05-01 Sold (Public Records) $35,000 Public Records

Property tax history

+5.3%/yr

Latest (2025): $2,622 · -2.3% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…