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Single Family Residence
$1,620,000$681 / sqft
3728 NE 208TH Terrace, Aventura FL 33180
Listed
3
Bedrooms
2,380 sqft
Interior
1991
Year built
$725 / mo
HOA
Single Family Residence
Type
About this home
One of the best-priced homes in Island Way, a private gated community in the heart of Aventura. This two-story CORNER LOT home features 3 bedrooms, 3.5 bathrooms, high ceilings, lots of natural light, and spacious living areas. For added convenience, a full bedroom and bathroom are located on the first floor, ideal for guests. Enjoy a private patio with pool and BBQ area, perfect for entertaining. The spacious primary suite offers walk-in closets, a dedicated office area, and a spa-style bath with separate shower, jacuzzi tub, and double vanity. Additional features include a laundry area and 2-car garage. Per the owner, the HOA will repaint the home's exterior for a fresh, updated look. Prime location near Aventura Mall, Tidal Cove Waterpark, dining, top-rated schools, and major roadways.
Features
- Built-in Features
- Closet Cabinetry
- French Doors
- Volume Ceilings
- Walk-In Closet(s)
- Den/Library/Office
- Utility Room/Laundry
- Balcony
- Barbeque
- Other
- Pool
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.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.