19555 NE 37th Ave
Aventura, FL 33180 · townhomes · For Sale · 667 days on market
Asking price$3,150,000
4 beds 5 baths 4,300 sqft
Suggested offer$1,194,444$1,955,556 above the est. market value of $1,194,444.
View on Realtor.com →Listed by Richard Goihman · Douglas Elliman
Typetownhomes
Built1988
Price / sqft$733
Est. value (own analysis)$1,194,444
Rent estimate (own analysis)$6,700/mo
HOA$1,006/mo
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Statusfor_sale
Listed date2024-11-04
Removed date—
MLSMiamiMLS #A11684191
Coordinates25.95603, -80.12608
Address19555 NE 37th Ave
CityAventura
StateFL
Zip33180
Listing ID6956106111
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $3,150,000 |
| Down payment (20.0%) | $630,000 |
| Loan amount | $2,520,000 |
| Closing costs (5.0%) | $157,500 |
| Total cash to close | $787,500 |
| Income | |
| Rent (comp-derived) | $6,700$80,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,164$73,968 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $4,988$59,850 |
| Insurance (placeholder 0.8% of price) | $2,100$25,200 |
| HOA dues | $1,006$12,072 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $335$4,020 |
| Total operating expenses | $8,429$101,142 |
| 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) | $335$4,020 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 4 | 4 | 2,406 | $6,700 | 2026-07-06 | — | |
| townhomes | 4 | 4 | 2,700 | $6,250 | 2026-06-10 | — | |
| townhomes | 4 | 5 | 3,292 | $15,000 | 2026-06-12 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 2991 NE 185th St Apt 1706 | townhomes | 4 | 3 | 1,481 | $535,000 | 2026-08-24 |
| 19220 NE 25th Ave Unit 271B | townhomes | 3 | 3 | 1,688 | $400,000 | 2026-07-16 |
| 20200 W Country Club Dr Apt 112 | townhomes | 3 | 3 | 1,330 | $350,000 | 2026-07-13 |
| 3525 Magellan Cir Apt 626 | townhomes | 3 | 3 | 1,707 | $720,000 | 2026-07-08 |
| 21204 Harbor Way Unit 122-12 | townhomes | 2 | 3 | 1,250 | $475,000 | 2026-07-01 |
| 20350 W Country Club Dr Apt 123 | townhomes | 3 | 3 | 1,330 | $312,500 | 2026-06-15 |
| 20350 W Country Club Dr Unit 120-4 | townhomes | 3 | 3 | 1,330 | $270,000 | 2026-06-10 |
| 21160 Mainsail Cir Apt H12 | townhomes | 3 | 3 | 1,520 | $625,000 | 2026-06-10 |
| 21399 Marina Cove Cir Apt 14 | townhomes | 4 | 4 | 2,700 | $750,000 | 2026-06-09 |
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 |
|---|---|---|---|---|---|---|
| 19694 NE 24th Ave | single_family | 4 | 4 | 2,863 | $2,580,000 | — |
| 2616 NE 214th St | single_family | 4 | 4 | 899 | $489,000 | — |
| 19885 NE 22nd Ave | single_family | 4 | 4 | 3,898 | $1,775,000 | — |
| 2627 NE 213th St | single_family | 4 | 2 | 1,473 | $899,900 | — |
| 19731 NE 24th Ave | single_family | 4 | 4 | 3,228 | $2,395,000 | — |
| 19667 Turnberry Way Apt 20GR | condos | 4 | 4 | 3,426 | $1,900,000 | — |
| 2511 NE 209th Ter | single_family | 4 | 5 | 2,150 | $2,150,000 | — |
| 2301 NE 196th St | single_family | 4 | 4 | 2,668 | $1,850,000 | — |
10-year hold projection
IRR-9.2%
Equity multiple-0.56x
Total return (10yr)-$815,040
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $3,244,500 | -$27,174 | -$225,524 | $2,492,678 | $751,822 |
| 2 | $3,341,835 | -$27,484 | -$225,934 | $2,463,479 | $878,356 |
| 3 | $3,442,090 | -$27,790 | -$226,344 | $2,432,275 | $1,009,815 |
| 4 | $3,545,353 | -$28,092 | -$226,752 | $2,398,929 | $1,146,424 |
| 5 | $3,651,713 | -$28,390 | -$227,158 | $2,363,292 | $1,288,421 |
| 6 | $3,761,265 | -$28,684 | -$227,562 | $2,325,208 | $1,436,056 |
| 7 | $3,874,103 | -$28,972 | -$227,964 | $2,284,509 | $1,589,593 |
| 8 | $3,990,326 | -$29,255 | -$228,364 | $2,241,016 | $1,749,310 |
| 9 | $4,110,036 | -$29,531 | -$228,760 | $2,194,535 | $1,915,501 |
| 10 | $4,233,337 | -$29,801 | -$229,152 | $2,144,863 | $2,088,474 |
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.