2999 Point East Dr C308, Aventura, FL 33160 — MLS photo

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2999 Point East Dr C308, Aventura, FL 33160

Active · Condominium

$175,000

2999 Point East Dr C308, Aventura, FL 33160

Beds
2
Baths
1
Living area
799 sq ft
$ / sq ft
$219/sq ft
Year built
1966
Lot size
—
HOA fee
$621
Annual tax
—

About this property

Spacious and rarely available waterfront residence in the highly desirable, gated 55+ Point East community! This large 1-bedroom + oversized den (easily convertible to a second bedroom) features one of the largest floor plans in the building. Enjoy a huge double-sized screened balcony with direct bay water views, perfect for relaxing while taking in serene scenery, breathtaking sunrises and sunsets, and refreshing South Florida breezes. Bright and airy throughout, this unit offers stunning waterfront views from the living room, dining area, and bedroom. Point East offers true resort-style living with 24-hour security, multiple swimming pools, clubhouse, fitness center, billiards, bowling, movie nights, shows, pier fishing, and more. Basic cable and pest control are included for added convenience. Ideally located just minutes from Aventura Mall, major shopping centers, restaurants, casinos, and beautiful beaches, with easy access to major highways. A perfect opportunity to enjoy peaceful waterfront living in one of Aventura’s most sought-after active adult communities!

Property location

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2999 Point East Dr C308, Aventura, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
799 sq ft

Exterior & Structure

Property type
Condominium
Year built
1966

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$621
County
Miami-Dade
MLS listing ID
A11986887
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

-$103

Cap rate
5.0%
Net yield
5.0%
Cash-on-cash return
-2.5%
Gross yield
13.2%
Mortgage payment
$830/mo
Down payment
$43,750
Loan amount
$131,250
Annual NOI
$8,723

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