20300 W Country Club Dr Unit 106-3

Aventura, FL 33180 · townhomes · For Sale · 84 days on market
Asking price$440,000
3 beds 3 baths 1,330 sqft
Suggested offer$332,580$107,420 above the est. market value of $332,580.
View on Realtor.com →
Listed by Denise Rubin · Coldwell Banker Realty
Typetownhomes
Built1973
Price / sqft$331
Est. value (own analysis)$332,580
Rent estimate (own analysis)$3,350/mo
HOA$687/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-11
Removed date
MLSMiamiMLS #A12031874
Coordinates25.96512, -80.14074
Address20300 W Country Club Dr Unit 106-3
CityAventura
StateFL
Zip33180
Listing ID6615048205
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$440,000
Down payment (20.0%)$88,000
Loan amount$352,000
Closing costs (5.0%)$22,000
Total cash to close$110,000
Rent (comp-derived)$3,350$40,200
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$40,200
Vacancy rate (assumption) assumption8.0%

$40,200 × 8.0% = $3,216

Effective gross income$3,082$36,984
Property tax (placeholder 1.9% of price)$697$8,360
Insurance (placeholder 0.8% of price)$293$3,520
HOA dues$687$8,244
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$168$2,010
Total operating expenses$1,845$22,134
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$36,984
Total operating expenses derived$22,134

$36,984 − $22,134 = $14,850

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$352,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$352,000 amortized at 6.7% over 30 years = $2,262/mo

CapEx reserve (5.0% of GSR)$168$2,010
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$14,850
Annual debt service derived$27,145
Annual CapEx reserve assumption$2,010
Annual PMI assumption$0

($14,850 − $27,145 − $2,010 − $0) ÷ 12 = -$1,192

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$14,850
Purchase price data$440,000

$14,850 ÷ $440,000 = 3.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$14,305
Total cash to close derived$110,000

-$14,305 ÷ $110,000 = -13.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$14,850
Annual debt service derived$27,145

$14,850 ÷ $27,145 = 0.55

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$40,200
Purchase price data$440,000

($40,200 ÷ 12) ÷ $440,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$440,000
Gross scheduled rent (annual) comp$40,200

$440,000 ÷ $40,200 = 10.9

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$22,134
Effective gross income derived$36,984

$22,134 ÷ $36,984 = 59.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$22,134
Annual debt service derived$27,145
Annual PMI assumption$0
Gross scheduled rent (annual) comp$40,200

($22,134 + $27,145 + $0) ÷ $40,200 = 122.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,520$6,0002026-06-29
townhomes321,579$2,9002026-05-29
townhomes331,365$3,7002026-05-18
townhomes331,365$3,000

21145 Helmsman Dr Apt N11

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,520
Listed2026-06-29
Days on market

Asking rent: $6,000

View on Zillow →

19200 NE 25th Ave Unit 322C

Miami, 33180 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,579
Listed2026-05-29
Days on market

Asking rent: $2,900

View on Zillow →

20937 Bay Ct Unit 111-1

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,365
Listed2026-05-18
Days on market

Asking rent: $3,700

View on Zillow →

20908 Leeward Ct # 231-3

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,365
Listed
Days on market

Asking rent: $3,000

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
19220 NE 25th Ave Unit 271Btownhomes331,688$400,0002026-07-16
20200 W Country Club Dr Apt 112townhomes331,330$350,0002026-07-13
3525 Magellan Cir Apt 626townhomes331,707$720,0002026-07-08
20350 W Country Club Dr Apt 123townhomes331,330$312,5002026-06-15
20350 W Country Club Dr Unit 120-4townhomes331,330$270,0002026-06-10
21160 Mainsail Cir Apt H12townhomes331,520$625,0002026-06-10

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

IRR1.6%
Equity multiple1.26x
Total return (10yr)$85,763
YearProperty valueNOICash flowLoan balanceEquity
1$453,200$14,850-$14,305$348,184$105,016
2$466,796$15,406-$13,799$344,105$122,691
3$480,800$15,982-$13,275$339,746$141,054
4$495,224$16,578-$12,732$335,088$160,136
5$510,081$17,194-$12,169$330,110$179,970
6$525,383$17,832-$11,587$324,791$200,592
7$541,145$18,492-$10,983$319,106$222,039
8$557,379$19,175-$10,359$313,030$244,348
9$574,100$19,882-$9,712$306,538$267,562
10$591,323$20,613-$9,041$299,599$291,724
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.