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$115,000
● Condo - Off Market

#506W

Miami, FL
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,283 Ft²
$245,913
RealtyHop Estimate
90.63%
Since Apr 1, 2014
National-US
Primary Model

About This Property

NICE UNIT FACING THE STREET AND THE LAKE ACROSS. CONFORTABLE SIZE APT. NEW CARPET.VERY CLOSE TO MAJOR SHOPPING AREA IN AVENTURA WITH EASY ACCESS TO I95.ALSO FOR RENT.
Unit Size
1,283 Ft²
Days on Market
-
Land Size
-
Price per sqft
$101
Property Type
Condo
Property Taxes
$87
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

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%.

How much can I actually make?

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.

How is cap rate calculated?

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.

Last updated: 3 years ago (Beaches MLS #F1264516)

Price History

Date / Event Date Event Price
Mar 12, 2014 Sold
Premium
Sold
Nov 13, 2013 Listed by South Florida's Best Realty In $129,000
Listed by South Florida's Best Realty In

Property Highlights

Parking Details
Parking Features: Assigned Parking
Interior Details
Full Bathrooms: 2
Interior Features: No Interior Features
Appliances: Refrigerator, Electric Range, Microwave, Dishwasher
Flooring Type: Carpeted Floors, Ceramic Floor
Exterior Details
Listing Terms: Conventional, Cash Only
Construction Type: Cbs Construction
Exterior Features: Open Balcony
Financial Details
Total Taxes: $1,047
Tax Year: 2012
Possession Information: Funding
Utilities Details
Heating Type: Central Heat
Cooling Type: Central Cooling
Location Details
Front Exposure: North West
Subdivision Complex Building: WILSHIRE CONDO
Water Access: None
Waterfront Description: Lagoon Front

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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BEACHES

Listed by: Antonino Pellerito
South Florida's Best Realty In
Last Updated: 3 years ago
Data Source: Beaches MLS, MLS# F1264516
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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