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Waterfront · Condominium
$315,000$196 / sqft
18051 Biscayne Blvd # 1204, Aventura FL 33160
Listed
2
Bedrooms
2
Bathrooms
1,605 sqft
Interior
1971
Year built
$1,388 / mo
HOA
Condominium
Type
About this home
SELLER PAYS OFF BOTH SPECIAL ASSESSMENTS (OVER $55K) AT CLOSING – you pay only the regular maintenance. 12th-floor corner residence with 1,605 SF, 2 bedrooms, 2 full baths and a den for a home office or guest room. Open living and dining area wrapped in windows, with balconies on both sides overlooking the Bay, the Intracoastal and the city skyline. Primary suite with walk-in closet, generous second bedroom, fully equipped kitchen, and gleaming tile floors throughout. Move-in ready; existing furniture available if desired. Deeded covered parking. Maintenance includes building insurance, water, sewer, trash, Wi-Fi and cable. Gated waterfront community with 24/7 guard, on-site marina with ocean access, two heated pools, new waterfront gym, tennis, sauna, dog park, library, game room, restaurant and convenience store. The 40-year recertification work is well advanced: this tower's exterior concrete restoration and painting are complete, the upper parking deck has been rebuilt, and building-wide electrical upgrades are done – and the seller is paying off the assessments that fund them. Walk to Publix, Fresh Market, banks and restaurants; minutes to Aventura Mall, the Brightline Aventura station, Sunny Isles Beach and Haulover. Rentals permitted after the first year of ownership (6-month minimum).
Features
- First Floor Entry
- Second Floor Entry
- Closet Cabinetry
- Custom Mirrors
- Elevator
- Entrance Foyer
- Walk-In Closet(s)
- Den/Library/Office
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 $2,350–$5,800.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.