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Single Family Residence
$650,000$388 / sqft
1085 NE 203rd Ln, Miami FL 33179
Listed
3
Bedrooms
2
Bathrooms
1,674 sqft
Interior
1979
Year built
$357 / mo
HOA
Single Family Residence
Type
About this home
Completely remodeled and move-in ready 3-bedroom, 2-bath pool home in the prestigious gated community of Sky Lake Villas. This beautifully updated residence features modern designer finishes, soaring ceilings, abundant natural light, and a spacious, functional layout. Extensive upgrades include a 2016 roof, impact windows and doors, new insulation, 2026 AC, upgraded kitchen, , irrigation, landscaping, drywall, appliances, and more. Enjoy your own private paradise with a sparkling pool. Ideally located near Aventura-area schools, Aventura Mall, shopping, dining, major roadways, and I-95. Truly turnkey and in like-new condition. Seller is willing to assist qualified buyers with down payment costs. Don't miss this exceptional opportunity!
Features
- Vaulted Ceiling(s)
- Family Room
- Utility Room/Laundry
- Garden
- Pool
Leasing
- Minimum lease
- Not stated
- Ok To Lease With Res
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.
Location
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $3,200–$5,000.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.