2801 NE 183rd St 1607W, Aventura, FL 33160 — MLS photo

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2801 NE 183rd St 1607W, Aventura, FL 33160

Active · Condominium

$370,000

2801 NE 183rd St 1607W, Aventura, FL 33160

Beds
2
Baths
2
Living area
1,220 sq ft
$ / sq ft
$303/sq ft
Year built
1974
Lot size
—
HOA fee
$837
Annual tax
—

About this property

For the investor seeking a turnkey income property in one of Aventura's most established residential communities, this renovated 2-bedroom, 2-bath residence at Admiral's Port presents a compelling case. The unit is currently leased at $2,350 per month through June 2027, providing immediate cash flow with no transition period. Interior finishes have been fully updated, including an open kitchen with generous cabinetry, renovated bathrooms, and porcelain tile floors throughout, with a lake-view balcony that reinforces rental appeal. Building amenities are resort-caliber, with dual pools, fitness center, tennis and basketball courts, putting green, sauna, and 24-hour security. Well-located within minutes of Aventura Mall, dining, beaches, and medical facilities. The association permits two annual leases at a 180-day minimum, giving the investor flexibility to re-price at market between cycles. A stabilized, low-maintenance asset in a high-demand rental market.

Property location

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2801 NE 183rd St 1607W, Aventura, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,220 sq ft

Exterior & Structure

Property type
Condominium
Year built
1974

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$837
County
Miami-Dade
MLS listing ID
A11962556
Listing status
Active

Investment intelligence

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

-$500

Cap rate
4.1%
Net yield
4.1%
Cash-on-cash return
-5.8%
Gross yield
10.4%
Mortgage payment
$1,754/mo
Down payment
$92,500
Loan amount
$277,500
Annual NOI
$15,047

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