Cays Realty
3131 NE 188th St 1-508, Aventura, FL 33180 — MLS photo

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3131 NE 188th St 1-508, Aventura, FL 33180

Active · Condominium

$800,000

3131 NE 188th St 1-508, Aventura, FL 33180

Beds
3
Baths
3
Living area
1,798 sq ft
$ / sq ft
$445/sq ft
Year built
2007
Lot size
—
HOA fee
$1,704 Monthly
Annual tax
$9,284

About this property

Nice & Bright 3 Bedrooms | 2.5Bath + Den | 2 Balconies | 2 Parking Spaces (assigned) in the heart of Aventura. The Atrium is a boutique waterfront residential community that offers two 12-story towers with 96 exclusive residential units per tower - across from Founders Park, walking distance to Aventura Mall, restaurants, parks, etc. The residents enjoy many wonderful amenities, including 470 feet of water frontage, brand new MARINA with SLIPS up to 60-foot vessels, a sundeck with a pool and Jacuzzi, a fitness center, sauna, steam room, club room, children’s playground, business center, 24h concierge, valet parking, etc.

Property location

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3131 NE 188th St 1-508, Aventura, FL 33180

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Facts & features

Interior

Bedrooms
3
Bathrooms
3
Living area
1,798 sq ft
Flooring
Marble, Other
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Ceiling Fans
Heating
Central
Interior features
Built In Features, Bedroom On Main Level, Kitchen Island, Split Bedrooms, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2007
Stories
12
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
Waterfront
Intracoastal Access, Navigable Water, Ocean Access
View
Garden, Other

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Covered, Two Or More Spaces

HOA, Community & Financials

Association fee
$1,704 Monthly
Fee inclusions
Amenities, Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Recreation Facilities, Sewer, Trash, Water
Amenities
Boat Dock, Marina, Business Center, Clubhouse, Fitness Center, Other, Playground, Pool, Sauna, Spa Hot Tub, Elevators
Security
Closed Circuit Cameras, Door Man, Elevator Secured, Secured Garage Parking, Lobby Secured, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$9,284
Subdivision
THE ATRIUM AT AVENTURA CO
County
Miami-Dade
Days on market
466
MLS listing ID
A11758966
Listing status
Active

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Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,844

Cap rate
2.9%
Net yield
2.9%
Cash-on-cash return
-9.9%
Gross yield
8.2%
Mortgage payment
$3,792/mo
Down payment
$200,000
Loan amount
$600,000
Annual NOI
$23,377

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.