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Condominium at 3131 NE 188th St # 506, Aventura FL 33180Active
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Waterfront · Condominium
$635,000$402 / sqft

3131 NE 188th St # 506, Aventura FL 33180

2
Bedrooms
3
Bathrooms
1,578 sqft
Interior
2007
Year built
$1,570 / mo
HOA
Condominium
Type

About this home

Spacious and modern 2-bedroom + den, 2.5-bath residence located in one of Aventura’s most desirable buildings. This bright and comfortable home features a spacious layout and contemporary design throughout. Enjoy excellent amenities, including 24-hour security, valet service, a fitness center, party room, and an infinity pool overlooking the marina. Conveniently located within walking distance to top-rated schools, shops, restaurants, parks, houses of worship, and tennis, pickleball, and padel courts. Schedule your private tour today!

Features

  • Other
  • Den/Library/Office
  • East Of Us1
  • Bay
  • Canal
  • Intracoastal View

Location

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

Estimated loan & HOA

$4,781

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

Principal & interest
$3,211
HOA
$1,570 / 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
Douglas Elliman

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.