Condo / High-rise home in Aventura, FL
This 2,877-square-foot Condo condo in Aventura, FL includes 3 bedrooms and 4 bathrooms. It sits within the greater Miami, FL area.
| Price | $3,695,000 |
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| Beds | 3 |
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| Baths | 4 |
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| Sqft | 2877 |
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| Architectural style | Condo / High-rise (95% match) |
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| Address | 5000 Island Estates Unit 1106, Aventura, FL 33160 |
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Why buy this home
- Confirmed Condo / High-rise architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- At $3.7M, this home is 548% above the $570K median for 9044 similar Condo / High-rise homes in Miami, FL.
- That works out to $1284 per square foot, 135% above the $546 comparable rate.
- New to market (0 days), so expect competition.
| This home | $3,695,000 |
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| Condo / High-rise median in Miami, FL | $570,000 (9044 homes) |
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| Price per sq ft | $1,284 vs. $546 comps median |
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Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $24,413/month with 20% down at a 7.28% 30-year fixed rate. You would need about $1,046,271 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $20,225/mo |
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| Property tax (new-buyer reassessed rate) | $2,802/mo |
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| Homeowners insurance | $1,386/mo |
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| Total monthly | $24,413/mo |
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| Down payment (20%) | $739,000 |
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| Income needed | $1,046,271/yr |
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A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C (56 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C (56/100) |
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| Beats renting in | 9% of modeled paths |
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| Modeled 5-yr equity (median) | $1,575,593 |
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| Range (10th to 90th pct) | $880,682 to $2,375,377 |
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A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Miami, FL where local data is thin.
Local home values
Typical home values in Miami, FL have risen about 30% over the past 5 years (0% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately