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Waterfront · Condominium
$295,000$188 / sqft
18071 BISCAYNE BLVD # 1701, Aventura FL 33160
Listed
2
Bedrooms
2
Bathrooms
1,565 sqft
Interior
1971
Year built
$1,284 / mo
HOA
Condominium
Type
About this home
Excellent investment opportunity! Spacious and bright 2-bedroom, 2-bathroom residence offering 1,556 SF with beautiful water views. Great fixer-upper opportunity with plenty of potential to renovate and customize. Property is being sold AS-IS. Currently tenant-occupied through October 31, 2027, generating $2,600 per month with excellent tenants in place. Excellent location within walking distance to supermarkets, restaurants, banks, and everyday conveniences. The building offers great amenities, including two swimming pools, sauna, fitness center, BBQ area, and fishing pier. Great opportunity for investors looking for a spacious waterfront property with immediate rental income and future renovation potential. NEW A/C unit installed in 2023
Features
- Fire Sprinklers
- Other
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
- Bay
- Intracoastal View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Lease-1st Year Owned
- Ok To Lease
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.