3123 NE 210th St

Aventura, FL 33180 · single_family · For Sale · 1 days on market
Asking price$1,649,000
3 beds 2 baths 2,338 sqft
Suggested offer$1,269,752$379,248 above the est. market value of $1,269,752.
View on Realtor.com →
Listed by Oleksandr Iegorov · Atlantic Pearl Realty, Inc.
Typesingle_family
Built2000
Price / sqft$705
Est. value (own analysis)$1,269,752
Rent estimate (own analysis)$7,500/mo
HOA$950/mo
Wind10/10Extreme$Heat10/10ExtremeFlood7/10severe$Air2/10MinorWildfire1/10Minimal
Street view
View full map & nearby schools →

Neighborhood

Show every detail
Statusfor_sale
Listed date2026-09-01
Removed date
MLSMiamiMLS #A12080058
Coordinates25.96985, -80.13890
Address3123 NE 210th St
CityAventura
StateFL
Zip33180
Listing ID5878541391
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33180)

Typical home value (ZHVI)$463,036
Typical rent (ZORI)$3,210/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)

Purchase price$1,649,000
Down payment (20.0%)$329,800
Loan amount$1,319,200
Closing costs (5.0%)$82,450
Total cash to close$412,250
Rent (comp-derived)$7,500$90,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$90,000
Vacancy rate (assumption) assumption8.0%

$90,000 × 8.0% = $7,200

Effective gross income$6,900$82,800
Property tax (placeholder 1.9% of price)$2,611$31,331
Insurance (est. scaled by flood & wind risk)$2,144$25,724
HOA dues$950$11,400
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$375$4,500
Total operating expenses$6,080$72,955
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$82,800
Total operating expenses derived$72,955

$82,800 − $72,955 = $9,845

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$1,319,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,319,200 amortized at 6.7% over 30 years = $8,478/mo

CapEx reserve (5.0% of GSR)$375$4,500
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$9,845
Annual debt service derived$101,730
Annual CapEx reserve assumption$4,500
Annual PMI assumption$0

($9,845 − $101,730 − $4,500 − $0) ÷ 12 = -$8,032

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$9,845
Purchase price data$1,649,000

$9,845 ÷ $1,649,000 = 0.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$96,386
Total cash to close derived$412,250

-$96,386 ÷ $412,250 = -23.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$9,845
Annual debt service derived$101,730

$9,845 ÷ $101,730 = 0.10

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$90,000
Purchase price data$1,649,000

($90,000 ÷ 12) ÷ $1,649,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,649,000
Gross scheduled rent (annual) comp$90,000

$1,649,000 ÷ $90,000 = 18.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$72,955
Effective gross income derived$82,800

$72,955 ÷ $82,800 = 88.1%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$72,955
Annual debt service derived$101,730
Annual PMI assumption$0
Gross scheduled rent (annual) comp$90,000

($72,955 + $101,730 + $0) ÷ $90,000 = 194.1%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family332,053$7,5002026-06-03
single_family321,987$10,0002026-02-09
single_family332,115$9,5002025-05-06
single_family322,800$4,900
single_family332,330$7,4002026-04-20
single_family332,038$6,4502026-06-18
single_family322,338$8,4902026-07-14
single_family342,800$25,0002026-02-17
single_family332,433$10,9952026-06-16
single_family331,714$6,500
single_family332,256$7,0002026-09-01

2558 NE 206th Ter

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,053
Listed2026-06-03
Days on market

Asking rent: $7,500

View on Zillow →

21320 NE 25th Ct

Miami, 33180 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,987
Listed2026-02-09
Days on market

Asking rent: $10,000

View on Zillow →

20375 NE 22nd Pl

Miami, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,115
Listed2025-05-06
Days on market

Asking rent: $9,500

View on Zillow →

2475 NE 209th Ter

Miami, 33180 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,800
Listed
Days on market

Asking rent: $4,900

View on Zillow →

21032 NE 32nd Ave Unit 21032

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,330
Listed2026-04-20
Days on market

Asking rent: $7,400

View on Zillow →

3016 NE 210th St

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,038
Listed2026-06-18
Days on market

Asking rent: $6,450

View on Zillow →

3110 NE 210th Ter

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,338
Listed2026-07-14
Days on market

Asking rent: $8,490

View on Zillow →

20824 NE 37th Ave Unit 20824

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 4 ba
Square footage2,800
Listed2026-02-17
Days on market

Asking rent: $25,000

View on Zillow →

20824 NE 30th Pl

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,433
Listed2026-06-16
Days on market

Asking rent: $10,995

View on Zillow →

3500 Mystic Pointe Dr Apt 2908

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,714
Listed
Days on market

Asking rent: $6,500

View on Zillow →

20610 NE 22nd Ct

Miami, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,256
Listed2026-09-01
Days on market

Asking rent: $7,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
21140 NE 26th Avesingle_family321,395$710,0002026-08-18
3699 NE 208th Tersingle_family332,740$1,770,0002026-08-17
20740 NE 32nd Plsingle_family332,392$1,475,0002026-07-29
3710 NE 208th Tersingle_family332,740$1,800,0002026-07-06
21012 NE 34th Ctsingle_family331,780$925,0002026-06-24
19651 NE 22nd Avesingle_family332,429$1,625,0002026-06-02
3525 Magellan Cirsingle_family331,723$665,0002026-05-05
20820 NE 30th Plsingle_family332,494$1,260,0002026-05-01
3015 NE 208th Stsingle_family322,330$1,300,2002026-04-24
2350 NE 194th Stsingle_family331,769$1,450,0002026-04-10
2632 NE 214th Stsingle_family321,139$422,5002026-03-23
2811 NE 185th Stsingle_family321,481$490,0002026-03-20
2628 NE 214th Stsingle_family31905$304,0002026-03-13
2555 NE 207th Tersingle_family321,385$400,0002026-02-26
2255 NE 207th Stsingle_family322,151$1,350,0002026-02-25
3024 NE 210th Stsingle_family332,315$1,414,2502026-02-20
2371 NE 193rd Stsingle_family332,198$1,182,0002026-02-19
3172 NE 211th Stsingle_family332,540$1,400,0002026-02-05
21130 NE 26th Avesingle_family321,425$540,0002026-01-28
21120 NE 25th Ctsingle_family321,625$900,0002026-01-08
20130 NE 25th Ctsingle_family321,610$948,0002025-12-26
21330 NE 25th Ctsingle_family332,669$1,120,0002025-10-16
2350 NE 193rd Stsingle_family321,809$1,800,0002025-10-14
21025 NE 31st Avesingle_family322,246$1,010,0002025-09-30
2505 NE 214th Stsingle_family321,694$920,0002025-09-19

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.

AddressTypeBedsBathsSqftAsking priceDays on market
2558 NE 206th Tersingle_family332,053$1,269,000
20950 NE 25th Ctsingle_family321,800$1,790,000
2450 NE 209th Tersingle_family331,609$1,345,000
2535 NE 193rd St Unit 3104condos331,275$465,000
2505 NE 193rd St Unit 4108condo_townhome_rowhome_coop331,309$495,000
2501 NE 209th Tersingle_family321,375$1,350,000
19440 NE 26th Ave Unit 52Btownhomes331,688$480,000
19220 NE 25th Ave Unit 274Btownhomes331,688$488,180

10-year hold projection

IRR-5.6%
Equity multiple0.06x
Total return (10yr)-$172,358
YearProperty valueNOICash flowLoan balanceEquity
1$1,698,470$9,845-$96,386$1,304,897$393,573
2$1,749,424$10,505-$95,838$1,289,612$459,812
3$1,801,907$11,194-$95,264$1,273,277$528,630
4$1,855,964$11,913-$94,664$1,255,820$600,144
5$1,911,643$12,663-$94,035$1,237,165$674,478
6$1,968,992$13,446-$93,376$1,217,229$751,764
7$2,028,062$14,262-$92,687$1,195,923$832,139
8$2,088,904$15,113-$91,967$1,173,154$915,749
9$2,151,571$15,999-$91,214$1,148,822$1,002,749
10$2,216,118$16,924-$90,426$1,122,819$1,093,299
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.