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Condominium
$199,900$200 / sqft
18790 NE 18th Ave # 231, Miami FL 33179
Listed
2
Bedrooms
2
Bathrooms
1,000 sqft
Interior
1965
Year built
$350 / mo
HOA
Condominium
Type
About this home
Great opportunity to own in Skylake Gardens, a desirable 55+ community in North Miami Beach! This spacious 2-bedroom, 2-bathroom condo offers approximately 1,000 sq. ft. of comfortable living space, a private balcony, and a practical layout with generously sized bedrooms. Located on the second floor, the apartment is in good, well-maintained condition and ready for a new owner to move in or update to their personal taste. One of the biggest advantages is the LOW HOA compared with many similar 55+ communities in the area. Even better, the building has successfully completed its 40-year recertification, offering additional peace of mind for buyers. Rentals are not permitted, helping maintain a more stable, owner-occupied community. Conveniently located near shopping, restaurants, major highways, Aventura Mall, and the beaches. Excellent value and a great opportunity to enjoy South Florida living!
Features
- Second Floor Entry
- Closet Cabinetry
- Exterior Cat Walk
- Other
- Screened Balcony
- Other View
Leasing
- Minimum lease
- Not stated
- No Leasing
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–$5,600.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.