2750 NE 183rd St #406 · Aventura, FL 33160

$239,000

1 bd · 1.5 ba · 870 sqft · Condo public records · 94 Days on market

Built 1971 $886/mo HOA · 25% 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 +21.3/30.0
• 1% rule +9.8/10.0
• ARV discount +7.5/15.0
• DSCR +6.8/10.0
• 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

Listing remarks

Step inside this beautifully designed 1-bedroom plus den, 1.5-bathroom unit. The open concept layout is bright and airy and invites natural light to fill the space. Whether you're working from home, entertaining guests, or simply unwinding, this home offers the perfect balance of style. Enjoy the convenience of having world-class dining, high-end shopping, grocery stores, and everyday essentials just steps from your door. A must-see property offering comfort, convenience, and great value.

Key facts

• $886 HOA
• Parking
• Community pool

Property features AI

Finance

• Other: Annual tax information available
• Financial info: Pets: conditional; restrictions or possible restrictions
• HOA & community: Association fee $886 per month (includes cable TV and water); Association amenities include pool and tennis courts

Exterior

• Parking: One assigned parking space
• Security: Security guard
• Utilities: Cable available; Water included in association fee
• Home design: Condominium in a 28-story building; Entry on level 4; Facing south; Property is attached
• Construction: Block construction; Resale property
• Exterior features: Balcony (open); Association pool; Tennis courts

Interior

• Kitchen: Electric range; Microwave; Refrigerator; Self-cleaning oven
• Bedrooms: Bedroom located on the main level
• Flooring: Tile flooring
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Central air conditioning; Electric heating
• Interior features: Elevator; Breakfast area; Family/Dining room; Bedroom on main level

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath condo listed at $239k.

Deal economics

• At list price, monthly cash flow is $-77 ($-923/yr) — negative.
• To cash-flow at today's rent, offer at most $225k (5.7% below list).
• Meets the 1% rule at list price ($4k rent vs $239k).
• Recommended offer: $217k (9.0% below list) — sets the bar for market timing.
• Cap rate 8.0% 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 $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 10, 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 94 days — a 9% lower offer ($217k) is reasonable based on typical stale-listing flexibility.
• 20 sale attempts since 11y ago; this cycle's ask is 85% above the opening price — seller raised mid-cycle; expect resistance to lowballs.

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 $217,490 (9.0% 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 94 days. Have you received any prior offers? Is the seller open to a 9% 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: 1.48% ✓
• Cap rate: 8.05%
• Cash-on-cash: 6.27%
• DSCR: 1.28
• GRM: 5.6

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: -3.8%
• Equity multiple: 0.82×
• Total profit: $-12,299
• Equity at exit: $75,761

10-year hold

• IRR: -0.5%
• Equity multiple: 0.94×
• Total profit: $-3,811
• Equity at exit: $96,316

Cash invested: $66,920 (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: 1870
• Price-to-rent: 5.6×

Monthly cashflow live

• Estimated rent: $3,544 medium
• Mortgage (P&I): −$1,253
• Tax from tax record: −$211 /mo · $2,531/yr
• Insurance: −$100
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$886
• Vacancy / Maint / Mgmt: −$744
• Net cashflow: $-77

Break-even live

Break-even rent $3,641

Max offer price $225,417

Occupancy floor 97%

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: $59,750
• Closing costs: $7,170
• Reserves months: —
• Total cash needed: —

HOA detail condo

• Monthly dues: $886 · $10,632/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 50 events

1. 2026-06-18
   days on market $239,000 Active 94 DOM
2. 2026-06-17
   days on market $239,000 Active 93 DOM
3. 2026-06-16
   days on market $239,000 Active 92 DOM
4. 2026-06-15
   days on market $239,000 Active 91 DOM
5. 2026-06-13
   pricedays on market $239,000 Active 89 DOM
6. 2026-06-09
   days on market $174,000 Active 85 DOM
7. 2026-06-08
   days on market $174,000 Active 84 DOM
8. 2026-06-07
   days on market $174,000 Active 83 DOM
9. 2026-06-04
   days on market $174,000 Active 80 DOM
10. 2026-06-03
    days on market $174,000 Active 79 DOM
11. 2026-06-02
    days on market $174,000 Active 78 DOM
12. 2026-06-01
    days on market $174,000 Active 77 DOM
13. 2026-05-31
    days on market $174,000 Active 76 DOM
14. 2026-04-16
    status Active
15. 2026-04-16
    price $174,000
16. 2026-04-02
    status Pending
17. 2026-03-02
    listed $129,500 Active
18. 2026-02-28
    historical
19. 2026-01-31
    status Active
20. 2026-01-28
    price $129,500
21. 2025-11-26
    listed $189,500 Active
22. 2025-10-28
    historical
23. 2025-10-08
    historical $2,300
24. 2025-09-26
    listed $2,300
25. 2025-08-25
    price $199,500
26. 2025-08-08
    price $203,900
27. 2025-07-26
    status Active
28. 2025-07-23
    historical Active Under Contract
29. 2025-07-23
    historical $2,500
30. 2025-07-03
    price $2,500
31. 2025-06-24
    price $204,900
32. 2025-06-24
    listed $2,600
33. 2025-06-05
    historical $2,600
34. 2025-05-09
    listed $2,600
35. 2025-04-22
    price $205,000
36. 2025-03-07
    price $230,000
37. 2025-02-28
    listed $239,000 Active
38. 2025-02-24
    historical $2,500
39. 2025-02-15
    historical
40. 2024-12-01
    listed $2,500
41. 2024-11-20
    listed $250,000 Active
42. 2024-11-09
    historical
43. 2024-10-04
    price $259,000
44. 2024-08-07
    listed $275,000 Active
45. 2024-07-03
    historical $3,000
46. 2024-06-25
    historical
47. 2024-05-21
    listed $3,000
48. 2024-05-17
    listed $285,000 Active
49. 2022-06-29
    soldstatus $230,000
50. 2022-06-28
    soldstatus $230,000 Closed

ⓘ 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: $2,531 · $211/mo
• Projected year-2 tax: $2,531 · $211/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: $42,525
• − Mortgage interest: −$13,388
• − Property taxes: −$2,531
• − Insurance: −$6,314
• − Repairs & maintenance: −$3,402
• − Management: −$3,402
• − HOA: −$10,632
• − Depreciation: −$6,953
• Taxable loss: −$4,097
• Est. tax savings @ 24.0%: +$983
• After-tax cash flow: $61/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: 90,324
• 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

+397.1% since first listed

60 events — show timeline

• 2026-04-16 Relisted — MARMLS
• 2026-04-16 Price Changed $174,000 MARMLS
• 2026-04-02 Pending — MARMLS
• 2026-03-02 Listed $129,500 MARMLS
• 2026-02-28 Listing Removed — MARMLS
• 2026-01-31 Relisted — MARMLS
• 2026-01-28 Price Changed $129,500 MARMLS
• 2025-11-26 Listed $189,500 MARMLS
• 2025-10-28 Listing Removed — Beaches MLS
• 2025-10-08 Rental Removed $2,300 RMLSFL
• 2025-09-26 Listed for Rent $2,300 RMLSFL
• 2025-08-25 Price Changed $199,500 Beaches MLS
• 2025-08-08 Price Changed $203,900 Beaches MLS
• 2025-07-26 Relisted — Beaches MLS
• 2025-07-23 Contingent — Beaches MLS
• 2025-07-23 Rental Removed $2,500 RMLSFL
• 2025-07-03 Price Changed $2,500 RMLSFL
• 2025-06-24 Price Changed $204,900 Beaches MLS
• 2025-06-24 Listed for Rent $2,600 RMLSFL
• 2025-06-05 Rental Removed $2,600 RMLSFL
• 2025-05-09 Listed for Rent $2,600 RMLSFL
• 2025-04-22 Price Changed $205,000 Beaches MLS
• 2025-03-07 Price Changed $230,000 Beaches MLS
• 2025-02-28 Listed $239,000 Beaches MLS
• 2025-02-24 Rental Removed $2,500 MARMLS
• 2025-02-15 Listing Removed — MARMLS
• 2024-12-01 Listed for Rent $2,500 MARMLS
• 2024-11-20 Listed $250,000 MARMLS
• 2024-11-09 Listing Removed — MARMLS
• 2024-10-04 Price Changed $259,000 MARMLS
• 2024-08-07 Listed $275,000 MARMLS
• 2024-07-03 Rental Removed $3,000 MARMLS
• 2024-06-25 Listing Removed — MARMLS
• 2024-05-21 Listed for Rent $3,000 MARMLS
• 2024-05-17 Listed $285,000 MARMLS
• 2022-06-29 Sold (Public Records) $230,000 Public Records
• 2022-06-28 Sold (MLS) $230,000 Beaches MLS
• 2022-04-26 Contingent — Beaches MLS
• 2022-04-24 Relisted — Beaches MLS
• 2022-04-15 Contingent — Beaches MLS
• 2022-04-13 Listed $265,000 Beaches MLS
• 2022-04-11 Listing Removed — Beaches MLS
• 2022-04-07 Price Changed $289,000 Beaches MLS
• 2022-03-24 Price Changed $300,000 Beaches MLS
• 2022-03-23 Listed $320,000 Beaches MLS
• 2018-04-05 Sold (Public Records) $120,000 Public Records
• 2018-02-15 Sold (MLS) $120,000 MARMLS
• 2018-01-12 Pending — MARMLS
• 2017-12-12 Price Changed $127,700 MARMLS
• 2017-11-01 Price Changed $129,900 MARMLS
• 2017-10-13 Listed $135,000 MARMLS
• 2017-02-23 Listing Removed — MARMLS
• 2016-03-19 Price Changed $135,000 MARMLS
• 2016-02-23 Listed $139,900 MARMLS
• 2015-03-20 Sold (Public Records) $115,000 Public Records
• 2015-03-12 Sold (MLS) $115,000 MARMLS
• 2015-01-16 Pending — MARMLS
• 2015-01-06 Listed $129,000 MARMLS
• 1989-07-01 Sold (Public Records) $31,500 Public Records
• 1979-07-01 Sold (Public Records) $35,000 Public Records

Property tax history

+5.9%/yr

Latest (2025): $2,531 · -2.2% YoY. Source: county tax records.