3549 Magellan Cir #418
About This Property
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 13, 2026 | In contract | - | |
| In contract | |||
| Jan 6, 2026 | Listed | $335,000 | |
| Listed | |||
| | |||
|
Totally modern, fully remodeled 2-bedroom residence located in a prestigious gated waterfront community in Aventura. This bright and stylish unit features a contemporary open layout with porcelain flooring throughout, a sleek modern kitchen, and a skylight that fills the home with natural light.
Enjoy the convenience of washer and dryer inside the unit, brand-new AC system, new water heater, and smart toilets for maximum comfort and efficiency.
The complex is situated directly on the Intracoastal, offering walking access to the marina and scenic waterways, as well as Waterways Shoppes, dining, and entertainment just steps away. Located in one of Aventura’s safest neighborhoods, with top-rated schools within walking distance, this home offers the perfect blend of luxury, lifestyle, and location.
Move-in ready and ideal for those seeking modern living in a prime waterfront setting.
| |||
| Oct 14, 2020 | Sold | ||
| Sold | |||
| Oct 3, 2017 | Sold | ||
| Sold | |||
| Jun 12, 2017 | Listed by RightStreet Inc | $279,000 | |
| Listed by RightStreet Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/12/2017
|
2 Bed
|
2 Bath
|
1143 ft²
|
$279,000
2 Bed
2 Bath
1143 ft²
|
$252,500
-9.50%
10/03/2017
|
Jamie Manburg
RightStreet Inc
| |
|
11/17/2014
|
2 Bed
|
2 Bath
|
1096 ft²
|
$240,900
2 Bed
2 Bath
1096 ft²
|
$230,900
-4.15%
05/22/2015
|
Guy Abbotoni
Abbotoni & Associates R E Inc
|
Building Info
About Aventura
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017