3401 SW 129th Ave
Miami, FL 33175 · single_family · For Sale · 109 days on market
Asking price$2,300,000
6 beds 5 baths 5,147 sqft
Suggested offer$2,203,953$96,047 above the est. market value of $2,203,953.
View on Realtor.com →Listed by an agent · Coldwell Banker Realty
Typesingle_family
Built1986
Price / sqft$447
Est. value (own analysis)$2,203,953
Rent estimate (own analysis)$23,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-05-17
Removed date—
MLSMiamiMLS #A12020463
Coordinates25.73635, -80.40334
Address3401 SW 129th Ave
CityMiami
StateFL
Zip33175
Listing ID5000556183
Sourceus-real-estate-listings, cached 2026-09-01
ZIP market snapshot (33175)
Typical home value (ZHVI)$628,459
Typical rent (ZORI)$3,232/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $2,300,000 |
| Down payment (20.0%) | $460,000 |
| Loan amount | $1,840,000 |
| Closing costs (5.0%) | $115,000 |
| Total cash to close | $575,000 |
| Income | |
| Rent (comp-derived) | $23,500$282,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $21,620$259,440 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,642$43,700 |
| Insurance (est. scaled by flood & wind risk) | $2,453$29,440 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,175$14,100 |
| Total operating expenses | $7,270$87,240 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $1,175$14,100 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 7 | 5,850 | $25,000 | 2026-07-21 | — | |
| single_family | 6 | 5 | 3,390 | $13,000 | 2026-06-25 | — | |
| single_family | 6 | 6 | 5,322 | $28,000 | 2026-06-17 | — | |
| single_family | 6 | 6 | 4,806 | $22,000 | 2026-06-17 | — | |
| single_family | 6 | 6 | 4,181 | $18,000 | 2026-08-03 | — | |
| single_family | 6 | 4 | 6,112 | $30,000 | — | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 2360 SW 139th Ave | single_family | 6 | 6 | 4,146 | $2,750,000 | 2026-08-13 |
| 3591 SW 142nd Ave | single_family | 6 | 4 | 3,658 | $935,000 | 2026-07-21 |
| 12200 SW 51st St | single_family | 6 | 5 | 5,115 | $2,075,000 | 2026-04-15 |
| 12025 SW 46th St | single_family | 6 | 6 | 5,113 | $4,000,000 | 2026-02-27 |
| 14090 SW 34th St | single_family | 6 | 4 | 5,021 | $2,150,000 | 2025-11-14 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 13470 SW 24th St | single_family | 6 | 4 | 1,630 | $824,990 | — |
| 13370 SW 34th St | single_family | 6 | 7 | 4,161 | $2,700,000 | — |
| 11835 SW 47th St | single_family | 6 | 8 | 6,469 | $3,300,000 | — |
| 2600 SW 128th Ct | single_family | 6 | 5 | 3,390 | $2,500,000 | — |
| 2840 SW 128th Ave | single_family | 6 | 7 | 4,758 | $2,199,000 | — |
10-year hold projection
IRR13.4%
Equity multiple3.06x
Total return (10yr)$1,484,835
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,369,000 | $172,200 | $16,208 | $1,820,050 | $548,950 |
| 2 | $2,440,070 | $177,802 | $21,458 | $1,798,731 | $641,339 |
| 3 | $2,513,272 | $183,583 | $26,877 | $1,775,947 | $737,325 |
| 4 | $2,588,670 | $189,549 | $32,473 | $1,751,598 | $837,072 |
| 5 | $2,666,330 | $195,705 | $38,250 | $1,725,578 | $940,752 |
| 6 | $2,746,320 | $202,058 | $44,213 | $1,697,771 | $1,048,549 |
| 7 | $2,828,710 | $208,613 | $50,370 | $1,668,054 | $1,160,656 |
| 8 | $2,913,571 | $215,378 | $56,725 | $1,636,297 | $1,277,275 |
| 9 | $3,000,978 | $222,357 | $63,286 | $1,602,358 | $1,398,620 |
| 10 | $3,091,008 | $229,560 | $70,058 | $1,566,090 | $1,524,918 |
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.