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Waterfront · Condominium
$1,100,000$491 / sqft
3802 NE 207th St # 1803, Aventura FL 33180
Listed
2
Bedrooms
3
Bathrooms
2,240 sqft
Interior
1991
Year built
$2,640 / mo
HOA
Condominium
Type
About this home
Corner waterfront residence at One Island Place with panoramic Ocean, Intracoastal and city skyline views, sold together with a private guest studio. The package includes three assigned parking spaces (two for the residence, one for the studio) and three storage lockers. A private elevator opens directly into an elegant foyer, and the corner exposure fills the home with natural light. The large kitchen offers a breakfast area, opening to a balcony made for dining with a view. The primary suite is a true retreat, with two walk-in closets and a bath with dual sinks and shower. Generous storage throughout and a large laundry room with sink. The studio gives visiting family or guests a space of their own, close by while keeping everyone’s privacy. Full-service living with doorman, valet, two pools, Pickleball and fitness center. A rare pairing: a corner waterfront home and a dedicated guest studio, offered as one
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- Separate Guest/In-Law Quarters
- Open Balcony
- Intracoastal View
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.