20347 W Country Club Dr Unit TH15

Aventura, FL 33180 · townhomes · For Sale · 16 days on market
Asking price$549,000
3 beds 3 baths 2,500 sqft
View on Realtor.com →
Listed by Alexandru Borovic · COMPASS
Typetownhomes
Built1975
Price / sqft$220
Est. value (own analysis)$625,150
Rent estimate (own analysis)$3,700/mo
HOA$1,475/mo
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Neighborhood

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Statusfor_sale
Listed date2026-08-17
Removed date
MLSMiamiMLS #A12071515
Coordinates25.96397, -80.13775
Address20347 W Country Club Dr Unit TH15
CityAventura
StateFL
Zip33180
Listing ID9376390776
Sourceus-real-estate-listings, cached 2026-08-28

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$549,000
Down payment (20.0%)$109,800
Loan amount$439,200
Closing costs (5.0%)$27,450
Total cash to close$137,250
Rent (comp-derived)$3,700$44,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$44,400
Vacancy rate (assumption) assumption8.0%

$44,400 × 8.0% = $3,552

Effective gross income$3,404$40,848
Property tax (placeholder 1.9% of price)$869$10,431
Insurance (placeholder 0.8% of price)$366$4,392
HOA dues$1,475$17,700
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$185$2,220
Total operating expenses$2,895$34,743
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$40,848
Total operating expenses derived$34,743

$40,848 − $34,743 = $6,105

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$439,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$439,200 amortized at 6.7% over 30 years = $2,822/mo

CapEx reserve (5.0% of GSR)$185$2,220
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$6,105
Annual debt service derived$33,869
Annual CapEx reserve assumption$2,220
Annual PMI assumption$0

($6,105 − $33,869 − $2,220 − $0) ÷ 12 = -$2,499

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$6,105
Purchase price data$549,000

$6,105 ÷ $549,000 = 1.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$29,984
Total cash to close derived$137,250

-$29,984 ÷ $137,250 = -21.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$6,105
Annual debt service derived$33,869

$6,105 ÷ $33,869 = 0.18

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$44,400
Purchase price data$549,000

($44,400 ÷ 12) ÷ $549,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$549,000
Gross scheduled rent (annual) comp$44,400

$549,000 ÷ $44,400 = 12.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$34,743
Effective gross income derived$40,848

$34,743 ÷ $40,848 = 85.1%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$34,743
Annual debt service derived$33,869
Annual PMI assumption$0
Gross scheduled rent (annual) comp$44,400

($34,743 + $33,869 + $0) ÷ $44,400 = 154.5%

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
townhomes332,500$4,8992026-08-17
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 →

20347 W Country Club Dr Unit TH15

Aventura, 33180 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage2,500
Listed2026-08-17
Days on market

Asking rent: $4,899

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

IRR-4.5%
Equity multiple0.26x
Total return (10yr)-$30,333
YearProperty valueNOICash flowLoan balanceEquity
1$565,470$6,105-$29,984$434,438$131,032
2$582,434$6,462-$29,683$429,349$153,085
3$599,907$6,834-$29,368$423,911$175,996
4$617,904$7,221-$29,038$418,099$199,805
5$636,441$7,625-$28,694$411,888$224,554
6$655,535$8,046-$28,335$405,250$250,284
7$675,201$8,483-$27,960$398,157$277,044
8$695,457$8,939-$27,569$390,577$304,880
9$716,320$9,414-$27,160$382,476$333,845
10$737,810$9,908-$26,733$373,818$363,992
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.