All listings
Active
Active1 / 28
Photo 1 of 28
Waterfront · Condominium
$300,000$192 / sqft
18061 Biscayne Blvd # 601, Aventura FL 33160
Listed
2
Bedrooms
2
Bathrooms
1,565 sqft
Interior
1971
Year built
$1,621 / mo
HOA
Condominium
Type
About this home
Spacious 2-bedroom, 2-bathroom apartment featuring a beautiful view and currently rented at $2,225/month to a long-term tenant on a month-to-month basis. The unit offers a newer A/C system (approximately 1 year old). Please note there is no washer and dryer inside the unit. HOA IS $1283.82 plus monthly assessment $338.11= $1621.93. it can be rented twice a year after living in property for 12 months.Current By-laws limit leasing to 30%. When the limit is reached, a waiting list is maintained. The building has Structural reserves and capital reserves. This is a FIRPTA transaction, as the owner is an international investor. There is an existing assessment, which will be paid by the buyer—option to pay immediately or defer until 2040.
Features
- Lobby
- No Interior Features
- Barbeque
- Tennis Court(s)
- Intracoastal View
- Lake
- Water View
Leasing
- Minimum lease
- 183 days
- Leases permitted per year
- 2
- No Daily Rentals
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,500.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.