2855 Leonard Drive H506, Aventura, FL 33160 — MLS photo

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2855 Leonard Drive H506, Aventura, FL 33160

Active · Condominium

$190,000

2855 Leonard Drive H506, Aventura, FL 33160

Beds
2
Baths
1
Living area
965 sq ft
$ / sq ft
$197/sq ft
Year built
1968
Lot size
—
HOA fee
$615 Monthly
Annual tax
$2,994

About this property

Corner waterfront condo with lagoon views and two screened balconies in Point East, a 55+ community. This well-maintained residence overlooks the peaceful lagoon where residents often spot manatees, large fish, and other marine life, and enjoy kayak access through the lagoon toward the ocean. The layout flows from the original kitchen with newer stove and refrigerator through the dining and living areas and out to the main screened balcony. Tile flooring runs throughout. The primary bedroom features a walk-in closet, vanity area, and its own private screened patio facing the lagoon. While the interior remains original, it has been well maintained and offers a great opportunity to update to your taste. Point East offers an active lifestyle with clubhouse activities, shows, movies, dancing, billiards, bowling, fitness center, several pools, walking paths around the lake, and a courtesy shuttle bus. Conveniently located near Aventura Mall, shopping, restaurants, and the beaches. A/C 2019.

Property location

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2855 Leonard Drive H506, Aventura, FL 33160

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Facts & features

Interior

Bedrooms
2
Bathrooms
1
Living area
965 sq ft
Flooring
Tile
Appliances
Electric Range, Electric Water Heater, Refrigerator
Cooling
Central Air
Heating
Central
Interior features
Living Dining Room, Tub Shower, Walk In Closets, Pantry
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
1968
Stories
6
Lot size
0 sq ft
Roof
Flat, Tile
Construction
CBSConcrete Block Structure, Block
Exterior features
Patio, Storm Security Shutters
Pool
None, Association, Community, Heated
Waterfront
Lagoon, Ocean Access

Parking

Covered spaces
0
Parking features
One Space

HOA, Community & Financials

Association fee
$615 Monthly
Fee inclusions
Association Management, Common Area Maintenance, Cable Tv, Insurance, Internet, Laundry, Parking, Pest Control, Pools, Recreation Facilities, Roof, Sewer, Security, Trash, Water
Amenities
Billiard Room, Clubhouse, Controlled Access, Fitness Center, Laundry, Library, Management, Maintenance, Pool, Guard, Security, Trails, Trash, Transportation Service, Elevators
Security
Gated With Guard, Security Gate
Pets allowed
No
Annual tax
$2,994
Subdivision
POINT EAST SEC II CONDOMIN
County
Miami-Dade
Days on market
196
MLS listing ID
B26007216
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

$158

Cap rate
6.7%
Net yield
6.7%
Cash-on-cash return
3.6%
Gross yield
14.3%
Mortgage payment
$901/mo
Down payment
$47,500
Loan amount
$142,500
Annual NOI
$12,704

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