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Condominium at 20015 NE 3rd Court # 5, Miami FL 33161Active
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Condominium
$190,000$194 / sqft

20015 NE 3rd Court # 5, Miami FL 33161

2
Bedrooms
2
Bathrooms
978 sqft
Interior
1983
Year built
$459 / mo
HOA
Condominium
Type

About this home

Welcome to this charming two-bedroom, two-bathroom condominium located in Spear Acres, Miami. This two-story residence offers 978 square feet of finished living space, providing comfortable proportions for modern living. The thoughtful layout includes two full bathrooms, ensuring convenience for multiple occupants. Situated in the established Spear Acres community, this property presents an accessible option for those seeking a compact yet functional home in Miami. Consider scheduling a viewing to experience this residence firsthand.

Features

  • Walk-In Closet(s)

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$1,420

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$961
HOA
$459 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
Sunrise Homes Realty Group Inc.

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.