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+18 photosLuxury condo — 3131 NE 188th Street 2-705 · The Atrium At Aventura Co · Aventura
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Open property magazine$599,999
3131 NE 188th Street 2-705, Aventura, FL 33180
Aventura, FL, 33180
2 bd · 3 ba · 1,432 sqft
Listed by Compass Florida, LLC
3131 NE 188th Street 2-705, Aventura, FL 33180
Listed by Compass Florida, LLC
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Estimated monthly payment
$5,762/mo
Know your costs before you buy
Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.
Estimated monthly payment $5,762/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.
Cash to close includes the down payment, lender and title costs, taxes, insurance prepayments and escrow deposits. Editable estimate only.
Insurance and flood: AE · verify insurance quotes before buying.
About this home
Find similar homesExperience refined waterfront living at Atrium in Aventura. This elegant 2 bed, 2.5 bath residence is framed by floor-to-ceiling glass, filling the interiors with natural light & showcasing sweeping views of the marina, Intracoastal Waterway, & city skyline. The open-concept layout seamlessly connects the kitchen, dining, & living areas, creating an inviting setting for both everyday living & sophisticated entertaining. The kitchen features stainless steel appliances, generous storage, & an effortless flow onto the expansive private balcony—an exceptional space for enjoying sunrise views, evening lights, & the energy of the waterfront. Both bedrooms offer privacy & comfort, while the thoughtfully designed floor plan includes a guest powder room & generously proportioned living spaces. The residence includes one assigned parking space, with the opportunity to purchase a second space separately. Atrium residents enjoy a resort-inspired lifestyle with an infinity-edge pool, hot tub, sun deck, waterfront fitness center, dedicated workspaces, 24-hour security, & a collection of amenities designed for modern living. The property may also qualify for a seller-paid 2-1 interest-rate buydown, offering eligible buyers a rate up to 2% lower during the first year & 1% lower during the second year. The seller pays the full cost of the buydown, providing an opportunity to reduce initial monthly payments while building long-term equity. Subject to lender approval & program terms.
Why we flagged this one
A transparent review of current MLS facts—not a paid placement.
Price reduced 6%
The seller has come down from $640,000 to $599,999 — a $40,001 reduction since it came on the market.
116 days on market
Longer time on market usually means the seller is more open to negotiating on price and terms.
Price reductions and days on market come from this listing's MLS record. This is an initial market signal, not a formal appraisal or full comparable market analysis.
Building health
- Building
- 2· MLS
- Year built
- 2007· MLS
- Stories
- 12· MLS
- Units
- Not provided —
- Milestone inspection
- Not provided —
- Milestone date
- Not provided —
- SIRS
- Not provided —
- SIRS date
- Not provided —
- Special assessments
- Not provided —
- Assessment amount
- Not provided —
- Assessment purpose
- Not provided —
- Assessment due date
- Not provided —
- Reserves
- Not provided —
- Minimum lease term
- Not provided —
- Rentals per year
- Not provided —
- Pet rules
- Yes· MLS
- Age restriction (55+)
- Not provided —
- HOA fee
- $1,379 / month · billed Monthly· MLS
Last updated Not provided, source: MLS remarks —
Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.
Property Details
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Your costs (est.)
≈ $5,762/mo
3131 NE 188th Street 2-705, Aventura, FL 33180 · Aventura
Location
3131 NE 188th Street 2-705, Aventura, FL 33180
One home, every check
Dock & Draft Match™ brings this home's dock length, low-water depth, every bridge, the ocean run, frontage and yacht size together in one place. Estimate only, not guaranteed. Verify before you buy or sell.
What buyers ask about this home
What are the estimated monthly carrying costs at 3131 NE 188th Street 2-705, Aventura, FL 33180?+
Property tax (after sale): $838/month est.; homeowners insurance: $431/month est.; HOA: $1,379/month. Fixed ownership costs before a mortgage: $2,649/month est. Principal and interest: $3,113/month; PMI: $0/month. Total for the payment scenario shown: $5,762/month est. Flood insurance is not included. Estimate only, not guaranteed. Verify before you buy or sell.
Will property taxes go up after I buy 3131 NE 188th Street 2-705, Aventura, FL 33180?+
Usually yes. In Florida the assessed value resets to market value in the year after a sale, so the seller's current tax bill is rarely what a new owner pays. Budget roughly 1.8–2.0% of the purchase price annually until you file for homestead exemption and the Save Our Homes cap (or the 10% non-homestead cap) starts limiting increases.
Does 3131 NE 188th Street 2-705, Aventura, FL 33180 need flood insurance, and what drives the premium?+
Most of Aventura sits in a FEMA flood zone, and lenders require flood coverage in high-risk zones. Premiums are driven by elevation certificate, flood zone, roof age and shape, and whether the home has impact windows or accordion shutters. Ask for the current declarations page, the four-point inspection and wind mitigation report early — they set your real cost of ownership.
What should I check about the association before buying 3131 NE 188th Street 2-705, Aventura, FL 33180?+
For a Florida condo, review the milestone structural inspection and the Structural Integrity Reserve Study, current reserve balances, any pending or recently voted special assessment, the association's insurance and its litigation history. Ask how many units are owner-occupied and whether the lender will approve the building — a poorly funded association is the single biggest hidden cost in a condo purchase.
Can 3131 NE 188th Street 2-705, Aventura, FL 33180 be rented out?+
Rental rules are set by the association's documents, not the MLS. Many Aventura luxury buildings limit leases to once or twice a year with a minimum term and require board approval and an application fee. Request the declaration and rules before your inspection period ends if rental income matters to your plan.
Is there room to negotiate on 3131 NE 188th Street 2-705, Aventura, FL 33180?+
This listing has been on the market 116 days. Leverage comes from days on market, price history, comparable closed sales and the seller's motivation — not from a fixed percentage. I pull the full history and the true comps before we write, so the offer is built on what the property is actually worth today. Call or text (954) 562-1798 for that analysis.
Neighborhood & Commute
Located in Aventura, this property offers the South Florida lifestyle — warm-weather living year-round with easy access to the Atlantic coast, A-rated schools, and major business centers.
Approximate Drive Times
Drive times are estimates based on straight-line distance at typical South Florida traffic speeds. Actual times vary with traffic and routing.
Assigned schools for this address
Zone boundaries published by Miami-Dade County Public Schools.
Other options for this address
Bridgeprep Academy Of North Miami Beach
Elementary · Charter · Grades PK–8 · North Miami Beach
Sports Leadership And Management (Slam) Middle School - Nor
Middle school · Charter · Grades 6–8 · North Miami Beach
Yeshiva Toras Chaim Toras Emes Rohr Middle School
Middle school · Private · Jewish · Grades 6–8 · North Miami Beach
Sports Leadership Arts Management Charter High School (Nort
High school · Charter · Grades 9–12 · North Miami Beach
Mati Talent Institute Private School
Pre-K & Kindergarten · Private · Grades PK–12 · Hallandale Beach
School assignment is set by the district and can change. Always confirm the zoned school with the district before you buy.
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Simon Gedz
Realtor® since 1995
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