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Waterfront · Condominium
$219,900$220 / sqft
18720 NE 18TH Avenue # 217, Miami FL 33179
Listed
2
Bedrooms
2
Bathrooms
1,000 sqft
Interior
1965
Year built
$350 / mo
HOA
Condominium
Type
About this home
Beautifully updated 2-bedroom, 2-bath lake-view condo in Sky Lake Gardens, a 55+ community near Aventura. This spacious 1,000 SF residence features an updated kitchen with granite countertops, stainless-steel appliances, abundant cabinetry and recessed lighting, tile flooring throughout, updated bathrooms, central A/C and generous storage. Enjoy peaceful lake views from the enclosed balcony/porch. Move-in ready and conveniently located near shopping, dining, major highways and Aventura Mall. Updated 2BR/2BA, 1,000 SF residence with lake views, granite kitchen, stainless-steel appliances, tile flooring, updated baths, enclosed balcony/porch, central A/C, walk-in closet and assigned parking. Located in 55+ Sky Lake Gardens. Buyer to verify association requirements, current fees, assessments and restrictions.
Features
- Bar
- Built-in Features
- Walk-In Closet(s)
- Exterior Lights
- Lake
- Water
- Lake View
Leasing
- Minimum lease
- Not stated
- No Leasing
- No Lease
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–$5,750.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.