Active · Condominium

$350,000

Aventura, FL 33160

Beds: 1
Baths: 1
Living area: 468 sq ft
$ / sq ft: $748/sq ft
Year built: 1989
Lot size: —
HOA fee: $634 Monthly
Annual tax: $1,245

About this property

FOR WILLIAMS ISLAND RESIDENTS ONLY! ONE OF A KIND, STUDIO APT (SERVICE UNIT). DOUBLE UNIT, #122 AND #123, TOTALLY UPGRADED WITH BUILT IN FURNITURE & WALK IN CLOSETS. NEW KITCHEN WITH FULL SIZE APPLIANCES AND NEW BATH.

Property location

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Aventura, FL 33160

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Facts & features

Interior

Bedrooms: 1
Bathrooms: 1
Living area: 468 sq ft
Flooring: Carpet, Ceramic Tile
Appliances: Electric Range
Cooling: Central Air, Electric
Heating: Central, Electric
Interior features: Built In Features, Bedroom On Main Level, Shower Only, Walk In Closets
Furnished: Unfurnished

Exterior & Structure

Property type: Condominium
Year built: 1989
Stories: 32
Architectural style: High Rise
Construction: Block
Exterior features: Tennis Courts
Pool: Association, Heated
Waterfront: Intracoastal Access, Ocean Front, Seawall
View: Garden

Parking

Garage spaces: 0
Covered spaces: 0
Parking features: Guest, Valet

HOA, Community & Financials

Association fee: $634 Monthly
Fee inclusions: Common Areas
Amenities: Hobby Room, Playground, Pool, Trails
Security: Closed Circuit Cameras, Lobby Secured, Security Guard
Pets allowed: Conditional, No, Yes
Annual tax: $1,245
Subdivision: WILLIAMS ISLAND
County: Miami-Dade
Days on market: 1
MLS listing ID: A12021663
Listing status: Active

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Interest rate (%)

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Monthly HOA ($)

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Estimated monthly cash flow

-$977

Cap rate: 2.3%
Net yield: 2.3%
Cash-on-cash return: -12.0%
Gross yield: 6.2%
Mortgage payment: $1,659/mo
Down payment: $87,500
Loan amount: $262,500
Annual NOI: $8,191

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