2903 Point East Drive K604, Aventura, FL 33160 — MLS photo

Active · Condominium

$180,000

2903 Point East Drive K604, Aventura, FL 33160

Beds: 1
Baths: 1
Living area: 768 sq ft
$ / sq ft: $234/sq ft
Year built: 1967
Lot size: —
HOA fee: $549 Monthly
Annual tax: $2,928

About this property

Lovely condo in a beautiful 55 plus community of Point East. The condo has views of the lagoon and is nicely situated. Maintenance includes: 24 hour guarded gate, water, sewer & trash pick up; cable tv & pest control. Easy transportation to go to nearby shopping malls, banks and medical facilities.

Property location

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2903 Point East Drive K604, Aventura, FL 33160

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Facts & features

Interior

Bedrooms: 1
Bathrooms: 1
Living area: 768 sq ft
Flooring: Concrete, Tile
Appliances: Electric Range, Refrigerator
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Bedroom On Main Level, Entrance Foyer, Living Dining Room, Tub Shower, Walk In Closets
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1967
Stories: 6
Lot size: 0 sq ft
Roof: Other
Construction: Block
Exterior features: Balcony, Lighting, Awnings
Pool: None, Heated
Waterfront: Lagoon
View: Lagoon, Water

Parking

Covered spaces: 0
Parking features: Assigned, Guest, One Space

HOA, Community & Financials

Association fee: $549 Monthly
Fee inclusions: Cable Tv, Insurance, Internet, Laundry, Parking, Pest Control, Pools, Roof, Sewer, Security, Trash, Water
Amenities: Billiard Room, Marina, Fitness Center, Laundry, Library, Maintenance, Pool, Trash, Transportation Service, Elevators
Security: Security Guard, Smoke Detectors
Pets allowed: No
Annual tax: $2,928
Subdivision: POINT EAST SEC III CONDO
County: Miami-Dade
Days on market: 131
MLS listing ID: B26031361
Listing status: Active

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Down payment (%)

Interest rate (%)

Loan term (yrs)

Monthly rent ($)

Monthly HOA ($)

Property taxes ($/yr)

Home insurance ($/yr)

Vacancy (%)

Estimated monthly cash flow

-$62

Cap rate: 5.3%
Net yield: 5.3%
Cash-on-cash return: -1.5%
Gross yield: 12.5%
Mortgage payment: $853/mo
Down payment: $45,000
Loan amount: $135,000
Annual NOI: $9,496

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