3000 Island Blvd Unit 332
Aventura, FL 33160 · condos · For Sale · 28 days on market
Asking price$299,000
0 beds 1 baths 311 sqft
Suggested offer$118,531$180,469 above the est. market value of $118,531.
View on Realtor.com →Listed by Nicole Shein · Williams Island Realty, Llc
Typecondos
Built1989
Price / sqft$961
Est. value (own analysis)$118,531
Rent estimate (own analysis)$2,000/mo
HOA$317/mo
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Statusfor_sale
Listed date2026-08-05
Removed date—
MLSMiamiMLS #A12065138
Coordinates25.94059, -80.13447
Address3000 Island Blvd Unit 332
CityAventura
StateFL
Zip33160
Listing ID5117803061
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33160)
Typical home value (ZHVI)$518,452
Typical rent (ZORI)$3,079/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $299,000 |
| Down payment (20.0%) | $59,800 |
| Loan amount | $239,200 |
| Closing costs (5.0%) | $14,950 |
| Total cash to close | $74,750 |
| Income | |
| Rent (comp-derived) | $2,000$24,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,840$22,080 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $473$5,681 |
| Insurance (placeholder 0.8% of price) | $199$2,392 |
| HOA dues | $317$3,804 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $100$1,200 |
| Total operating expenses | $1,090$13,077 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $100$1,200 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| condos | 0 | 1 | 360 | $1,950 | 2026-08-21 | — | |
| condos | 0 | 1 | 410 | $1,745 | 2026-01-26 | — | |
| condos | 0 | 1 | 377 | $1,600 | 2026-06-01 | — | |
| apartment | 0 | 1 | 360 | $2,200 | 2025-11-02 | — | |
| condos | 0 | 1 | 410 | $1,850 | 2026-06-17 | — | |
| condos | 0 | 1 | 410 | $1,850 | 2026-06-23 | — | |
| condos | 0 | 1 | 360 | $1,750 | 2026-08-04 | — | |
| condos | 0 | 1 | 360 | $2,000 | 2025-03-14 | — | |
| condos | 0 | 1 | 360 | $2,100 | 2026-06-22 | — | |
| condos | 0 | 1 | 360 | $1,950 | 2026-02-26 | — | |
| condos | 0 | 1 | 410 | $1,999 | 2026-01-05 | — | |
| condos | 0 | 1 | 360 | $1,895 | 2024-06-17 | — | |
| condos | 0 | 1 | 410 | $2,200 | 2026-05-13 | — | |
| condos | 0 | 1 | 360 | $2,000 | 2026-02-19 | — | |
| condos | 0 | 1 | 360 | $3,000 | 2023-11-06 | — | |
| condos | 0 | 1 | 360 | $1,999 | 2026-07-05 | — | |
| condos | 0 | 1 | 360 | $1,800 | 2025-11-18 | — | |
| condos | 0 | 1 | 360 | $2,200 | 2026-07-18 | — | |
| condos | 0 | 1 | 410 | $2,200 | 2024-07-19 | — | |
| condos | 0 | 1 | 370 | $3,300 | 2026-07-16 | — | |
| condos | 0 | 1 | 360 | $2,300 | 2024-06-14 | — | |
| condos | 0 | 1 | 410 | $2,300 | 2024-06-13 | — | |
| condos | 0 | 1 | 360 | $2,400 | 2026-03-03 | — | |
| condos | 0 | 1 | 360 | $1,950 | 2026-08-17 | — | |
| condos | 0 | 1 | 410 | $2,400 | 2026-08-29 | — | |
| condos | 0 | 1 | 360 | $10,392 | 2026-09-01 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 6750864223 | condos | 0 | 1 | 664 | $220,000 | 2026-08-28 |
| 18001 Collins Ave Unit 1010 | condos | 0 | 1 | 551 | $220,000 | 2026-08-28 |
| 18001 Collins Ave Unit 1403 | condos | 0 | 1 | 551 | $220,000 | 2026-08-28 |
| 250 174th St Apt 1510 | condos | 0 | 1 | 595 | $170,000 | 2026-08-25 |
| 18001 Collins Ave Unit 2204 | condos | 0 | 1 | 457 | $200,000 | 2026-08-21 |
| 18001 Collins Ave Unit 2102 | condos | 0 | 1 | 664 | $205,000 | 2026-08-21 |
| 19201 Collins Ave Unit 1130 | condos | 0 | 1 | 410 | $107,500 | 2026-08-03 |
| 18001 Collins Ave Unit 2118 | condos | 0 | 1 | 551 | $215,000 | 2026-07-31 |
| 19201 Collins Ave Unit 114 | condos | 0 | 1 | 360 | $141,500 | 2026-07-27 |
| 18001 Collins Ave Unit 1710 | condos | 0 | 1 | 551 | $205,000 | 2026-07-13 |
| 18001 Collins Ave Unit 2910 | condos | 0 | 1 | 551 | $200,000 | 2026-06-12 |
| 19201 Collins Ave Unit 924 | condos | 0 | 1 | 360 | $149,500 | 2026-06-11 |
| 19201 Collins Ave Unit 630 | condos | 0 | 1 | — | $53,500 | 2026-06-11 |
| 18001 Collins Ave Unit 1411 | condos | 0 | 1 | 664 | $290,000 | 2026-06-08 |
| 19201 Collins Ave Unit 1133 | condos | 0 | 1 | 360 | $90,000 | 2026-06-05 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 19201 Collins Ave Unit 726 | condos | 0 | 1 | 370 | $89,000 | — |
| 251 174th St Apt 2310 | condos | 0 | 1 | 595 | $150,000 | — |
| 19201 Collins Ave Unit 243 | condos | 0 | 1 | 360 | $69,000 | — |
| 19201 Collins Ave Unit 1144 | condos | 0 | 1 | 360 | $95,000 | — |
| 19201 Collins Ave Unit 527 | condos | 0 | 1 | 360 | $82,500 | — |
| 19201 Collins Ave Unit 1103 | condos | 0 | 1 | 420 | $99,900 | — |
| 19201 Collins Ave Unit 231 | condos | 0 | 1 | 360 | $100,000 | — |
| 18001 Collins Ave Unit 917 | condos | 0 | 1 | 664 | $257,000 | — |
10-year hold projection
IRR0.7%
Equity multiple1.11x
Total return (10yr)$47,151
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $307,970 | $9,003 | -$10,643 | $236,607 | $71,363 |
| 2 | $317,209 | $9,338 | -$10,337 | $233,835 | $83,374 |
| 3 | $326,725 | $9,686 | -$10,021 | $230,873 | $95,852 |
| 4 | $336,527 | $10,045 | -$9,693 | $227,708 | $108,819 |
| 5 | $346,623 | $10,417 | -$9,354 | $224,325 | $122,297 |
| 6 | $357,022 | $10,801 | -$9,002 | $220,711 | $136,311 |
| 7 | $367,732 | $11,199 | -$8,638 | $216,848 | $150,885 |
| 8 | $378,764 | $11,611 | -$8,261 | $212,719 | $166,045 |
| 9 | $390,127 | $12,037 | -$7,871 | $208,307 | $181,820 |
| 10 | $401,831 | $12,478 | -$7,467 | $203,592 | $198,239 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.