20281 E Country Club Dr Unit CAB3

Aventura, FL 33180 · condos · For Sale · 1 days on market
Asking price$62,000
0 beds — baths 180 sqft
Suggested offer$59,341$2,659 above the est. market value of $59,341.
View on Realtor.com →
Listed by Denise Rubin · Coldwell Banker Realty
Typecondos
Built1984
Price / sqft$344
Est. value (own analysis)$59,341
Rent estimate (own analysis)$2,635/mo
HOA$198/mo
Street view
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Neighborhood

⚠ Cap rate of 37.8% is above the 20% sanity ceiling — verify the underlying price, rent, and expense data before trusting this. Cash-on-cash return of 116.5% is above the 50% sanity ceiling for a standard buy-and-hold — verify inputs before trusting this.
Show every detail
Statusfor_sale
Listed date2026-09-01
Removed date
MLSMiamiMLS #A12080876
Coordinates25.96558, -80.12595
Address20281 E Country Club Dr Unit CAB3
CityAventura
StateFL
Zip33180
Listing ID6779092884
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$62,000
Down payment (20.0%)$12,400
Loan amount$49,600
Closing costs (5.0%)$3,100
Total cash to close$15,500
Rent (comp-derived)$2,635$31,620
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$31,620
Vacancy rate (assumption) assumption8.0%

$31,620 × 8.0% = $2,530

Effective gross income$2,424$29,090
Property tax (placeholder 1.9% of price)$98$1,178
Insurance (placeholder 0.8% of price)$41$496
HOA dues$198$2,376
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$132$1,581
Total operating expenses$469$5,631
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$29,090
Total operating expenses derived$5,631

$29,090 − $5,631 = $23,459

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$49,600
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$49,600 amortized at 6.7% over 30 years = $319/mo

CapEx reserve (5.0% of GSR)$132$1,581
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$23,459
Annual debt service derived$3,825
Annual CapEx reserve assumption$1,581
Annual PMI assumption$0

($23,459 − $3,825 − $1,581 − $0) ÷ 12 = $1,504

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$23,459
Purchase price data$62,000

$23,459 ÷ $62,000 = 37.8%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$18,054
Total cash to close derived$15,500

$18,054 ÷ $15,500 = 116.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$23,459
Annual debt service derived$3,825

$23,459 ÷ $3,825 = 6.13

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$31,620
Purchase price data$62,000

($31,620 ÷ 12) ÷ $62,000 = 4.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$62,000
Gross scheduled rent (annual) comp$31,620

$62,000 ÷ $31,620 = 2.0

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$5,631
Effective gross income derived$29,090

$5,631 ÷ $29,090 = 19.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$5,631
Annual debt service derived$3,825
Annual PMI assumption$0
Gross scheduled rent (annual) comp$31,620

($5,631 + $3,825 + $0) ÷ $31,620 = 29.9%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment01566$2,4252026-01-23
apartment01512$2,3552025-11-12
condos011,386$1,1502026-08-18
apartment01567$2,2902026-07-27
apartment01586$2,860
apartment01586$2,760
apartment01566$2,910
apartment01566$3,010
apartment01586$2,985
apartment01565$2,010
condos01779$2,5702026-07-23
condos01779$2,6502026-07-09
apartment01586$2,635
apartment01529$2,240
apartment01553$2,419
apartment01533$2,185
apartment01467$2,135
apartment01467$2,245
apartment01586$2,660
apartment01512$2,430
apartment01586$2,685
apartment01586$2,635
apartment01586$2,660
apartment01586$2,585
apartment01586$2,660
apartment01512$2,355
apartment01553$2,469
apartment01586$2,660
apartment01586$2,685
apartment01512$2,405
apartment01586$2,610
apartment01586$2,610
apartment01553$2,419
apartment01553$2,469
apartment01512$2,430
apartment01512$2,355
apartment01553$2,369
apartment01586$2,635
apartment01586$2,710
apartment01586$2,735
apartment01586$2,735
apartment01586$2,710
apartment01586$2,735
apartment01586$2,960
apartment01586$3,085
apartment01586$3,060
apartment01566$3,110
apartment01586$3,160
apartment01566$3,210
apartment01566$3,335
apartment01586$3,285

2335 NE 186th St

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage566
Listed2026-01-23
Days on market

Asking rent: $2,425

View on Zillow →

2660 NE 192nd St

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage512
Listed2025-11-12
Days on market

Asking rent: $2,355

View on Zillow →

2600 NE 205th St Unit 2

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage1,386
Listed2026-08-18
Days on market

Asking rent: $1,150

View on Zillow →

19401 W Dixie Hwy Apt 413

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage567
Listed2026-07-27
Days on market

Asking rent: $2,290

View on Zillow →

2335 NE 186th St # 1-0433

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,860

View on Zillow →

2335 NE 186th St # 1-0832

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,760

View on Zillow →

2335 NE 186th St # 1-0437

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage566
Listed
Days on market

Asking rent: $2,910

View on Zillow →

2335 NE 186th St # 1-0537

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage566
Listed
Days on market

Asking rent: $3,010

View on Zillow →

2335 NE 186th St # 1-0711

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,985

View on Zillow →

19401 W Dixie Hwy Apt 213

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage565
Listed
Days on market

Asking rent: $2,010

View on Zillow →

2950 NE 188th St Apt 231

Aventura, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage779
Listed2026-07-23
Days on market

Asking rent: $2,570

View on Zillow →

2950 NE 188th St Apt 216

Aventura, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage779
Listed2026-07-09
Days on market

Asking rent: $2,650

View on Zillow →

2335 NE 186th St # 1-0632

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,635

View on Zillow →

19401 W Dixie Hwy Apt 429

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage529
Listed
Days on market

Asking rent: $2,240

View on Zillow →

2660 NE 192nd Ter Unit 212

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage553
Listed
Days on market

Asking rent: $2,419

View on Zillow →

19401 W Dixie Hwy Apt 226

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage533
Listed
Days on market

Asking rent: $2,185

View on Zillow →

19401 W Dixie Hwy Apt 420

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage467
Listed
Days on market

Asking rent: $2,135

View on Zillow →

19401 W Dixie Hwy Apt 820

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage467
Listed
Days on market

Asking rent: $2,245

View on Zillow →

2335 NE 186th St # 1-0218

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,660

View on Zillow →

2660 NE 192nd Ter Unit 811

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage512
Listed
Days on market

Asking rent: $2,430

View on Zillow →

2335 NE 186th St # 1-0511

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,685

View on Zillow →

2335 NE 186th St # 1-0311

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,635

View on Zillow →

2335 NE 186th St # 1-0532

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,660

View on Zillow →

2335 NE 186th St # 1-0618

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,585

View on Zillow →

2335 NE 186th St # 1-0318

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,660

View on Zillow →

2660 NE 192nd Ter Unit 211

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage512
Listed
Days on market

Asking rent: $2,355

View on Zillow →

2660 NE 192nd Ter Unit 512

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage553
Listed
Days on market

Asking rent: $2,469

View on Zillow →

2335 NE 186th St # 1-0418

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,660

View on Zillow →

2335 NE 186th St # 1-0118

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,685

View on Zillow →

2660 NE 192nd Ter Unit 410

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage512
Listed
Days on market

Asking rent: $2,405

View on Zillow →

2335 NE 186th St # 1-0518

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,610

View on Zillow →

2335 NE 186th St # 1-0718

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,610

View on Zillow →

2660 NE 192nd Ter Unit 312

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage553
Listed
Days on market

Asking rent: $2,419

View on Zillow →

2660 NE 192nd Ter Unit 612

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage553
Listed
Days on market

Asking rent: $2,469

View on Zillow →

2660 NE 192nd Ter Unit 810

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage512
Listed
Days on market

Asking rent: $2,430

View on Zillow →

2660 NE 192nd Ter Unit 102

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage512
Listed
Days on market

Asking rent: $2,355

View on Zillow →

2660 NE 192nd Ter Unit M12

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage553
Listed
Days on market

Asking rent: $2,369

View on Zillow →

2335 NE 186th St # 1-0732

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,635

View on Zillow →

2335 NE 186th St # 1-0232

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,710

View on Zillow →

2335 NE 186th St # 1-0611

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,735

View on Zillow →

2335 NE 186th St # 1-0132

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,735

View on Zillow →

2335 NE 186th St # 1-0332

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,710

View on Zillow →

2335 NE 186th St # 1-0818

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,735

View on Zillow →

2335 NE 186th St # 1-0533

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $2,960

View on Zillow →

2335 NE 186th St # 1-0811

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $3,085

View on Zillow →

2335 NE 186th St # 1-0633

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $3,060

View on Zillow →

2335 NE 186th St # 1-0637

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage566
Listed
Days on market

Asking rent: $3,110

View on Zillow →

2335 NE 186th St # 1-0733

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $3,160

View on Zillow →

2335 NE 186th St # 1-0737

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage566
Listed
Days on market

Asking rent: $3,210

View on Zillow →

2335 NE 186th St # 1-0837

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage566
Listed
Days on market

Asking rent: $3,335

View on Zillow →

2335 NE 186th St # 1-0833

Miami, 33180 · rent comp

Bedrooms / bathrooms0 bd / 1 ba
Square footage586
Listed
Days on market

Asking rent: $3,285

View on Zillow →

Widened to any bedroom count in ZIP. 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
3640 Yacht Club Dr Apt 1602condos221,430$380,0002026-09-01
3475 N Country Club Dr Apt 106condos22994$166,5002026-09-01
21205 Yacht Club Dr Apt 3003condos321,870$690,0002026-09-01
21244 Harbor Way Unit 213-21condo_townhome_rowhome_coop221,358$595,0002026-09-01
19707 Turnberry Way Apt 18Lcondos221,600$560,0002026-08-31
19901 E Country Club Dr Unit 2103condos11730$290,0002026-08-28
3400 NE 192nd St Ph LPH5condos221,361$390,0002026-08-27
3598 Yacht Club Dr Apt 1003condos321,820$600,0002026-08-26
19707 Turnberry Way Apt 16Gcondos221,522$500,0002026-08-26
19500 Turnberry Way Apt 14Ccondos331,810$830,0002026-08-25
19500 Turnberry Way Apt 10Acondos232,360$770,0002026-08-25
21200 Point Pl Unit 1403condos343,173$1,950,0002026-08-24
3625 N Country Club Dr Apt 2610condos221,079$310,0002026-08-24
20281 E Country Club Dr Apt 1002condos221,800$750,0002026-08-21
21050 Point Pl Unit 2601condos332,440$1,120,0002026-08-20
20185 E Country Club Dr Apt 1202condos331,950$625,0002026-08-19
3598 Yacht Club Den Dr Unit 601condos221,530$385,0002026-08-17
19501 W Country Club Dr Apt 2513condos221,245$550,0002026-08-17
20379 W Country Club Dr Apt 1433condos221,313$215,0002026-08-17
19501 E Country Club Dr Unit 9306condos221,180$380,0002026-08-14
20201 E Country Club Dr Apt 2303condos343,264$1,300,0002026-08-14
20500 W Country Club Dr Apt 210condos12741$145,0002026-08-14
3029 NE 188th St Apt 1019condos12816$380,0002026-08-14
3370 Hidden Bay Dr Unit 602condos231,610$515,0002026-08-13
2880 NE 203rd St Unit 28Bcondos11$200,0002026-08-13
20281 E Country Club Dr Apt 1603condos221,470$560,0002026-08-13
20301 W Country Club Dr Apt 1826condos221,313$240,0002026-08-10
3640 Yacht Club Dr Apt 708condos221,430$415,0002026-08-10
19195 NE 36th Ct Unit 1706condos331,722$635,0002026-08-10
19707 Turnberry Way Apt 7Fcondos221,677$550,0002026-08-09
21200 Point Pl Unit 1901condos554,169$2,750,0002026-08-07
19195 NE 36th Ct Unit 2410condos221,353$465,0002026-08-07
19400 Turnberry Way Apt 1731condos231,544$600,0002026-08-07
20505 E Country Club Dr Apt 1133condos221,138$460,0002026-08-06
3530 Mystic Pointe Dr Apt 2202condos231,365$440,0002026-08-06
3610 Yacht Club Dr Apt 810condos221,053$300,0002026-08-05
3300 NE 188th St Unit LPH16condos452,942$2,500,0002026-08-03
3370 Hidden Bay Dr Unit 1702condos231,610$570,0002026-08-03
21150 Point Pl Unit 701condos332,640$1,200,0002026-08-03
3530 Mystic Pointe Dr Apt 1205condos221,361$500,0002026-08-03
3250 NE 188th St Apt 402condos352,307$1,000,0002026-08-01
3731 N Country Club Dr Apt 1223condos221,144$313,0002026-07-31
3300 NE 191st St Apt 714condos221,134$348,0002026-07-31
3640 Yacht Club Dr Apt 1007condos221,430$550,0002026-07-31
3400 NE 192nd St Apt 307condos221,181$235,0002026-07-31
20301 W Country Club Dr Apt 526condos221,313$304,0002026-07-31
20225 NE 34th Ct Apt 2411condos221,176$350,0002026-07-30
3675 N Country Club Dr Apt 1406condos221,092$251,5002026-07-29
19355 Turnberry Way Apt 8Kcondos221,910$475,0002026-07-28
3500 Mystic Pointe Dr Apt 3701condos331,714$580,0002026-07-28

Widened to city-wide. 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
18071 Biscayne Blvd Apt 1402condos01429$125,000
3000 Island Blvd Unit 332condos01311$299,000
21150 Point Pl Unit 305condos01500$239,000

10-year hold projection

IRR120.3%
Equity multiple16.16x
Total return (10yr)$243,147
YearProperty valueNOICash flowLoan balanceEquity
1$63,860$23,459$18,054$49,062$14,798
2$65,776$24,191$18,746$48,488$17,288
3$67,749$24,946$19,460$47,873$19,876
4$69,782$25,724$20,196$47,217$22,564
5$71,875$26,526$20,956$46,516$25,359
6$74,031$27,353$21,739$45,766$28,265
7$76,252$28,205$22,547$44,965$31,287
8$78,540$29,084$23,380$44,109$34,430
9$80,896$29,990$24,239$43,195$37,701
10$83,323$30,924$25,125$42,217$41,106
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.