7840 SW 67th Ave
South Miami, FL 33143 · single_family · For Sale · 127 days on market
Asking price$785,000
2 beds 2 baths 1,080 sqft
Listed by Elena Bluntzer · One Sotheby's International Realty
Typesingle_family
Built1967
Price / sqft$727
Est. value (own analysis)$803,749
Rent estimate (own analysis)$3,600/mo
HOANone
1 / 44
Show every detail
Statusfor_sale
Listed date2026-04-28
Removed date—
MLSMiamiMLS #A12009007
Coordinates25.69757, -80.30145
Address7840 SW 67th Ave
CitySouth Miami
StateFL
Zip33143
Listing ID5007768105
Sourceus-real-estate-listings, cached 2026-08-31
ZIP market snapshot (33143)
Typical home value (ZHVI)$957,553
Typical rent (ZORI)$2,761/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 | $785,000 |
| Down payment (20.0%) | $157,000 |
| Loan amount | $628,000 |
| Closing costs (5.0%) | $39,250 |
| Total cash to close | $196,250 |
| Income | |
| Rent (comp-derived) | $3,600$43,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,312$39,744 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,243$14,915 |
| Insurance (placeholder 0.8% of price) | $523$6,280 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $180$2,160 |
| Total operating expenses | $1,946$23,355 |
| 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) | $180$2,160 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 2 | 2 | 2,122 | $3,200 | 2026-08-05 | — | |
| single_family | 2 | 2 | 2,122 | $3,200 | — | — | |
| single_family | 2 | 2 | 2,122 | $3,600 | — | — | |
| single_family | 2 | 2 | 1,433 | $6,495 | 2026-08-21 | — | |
| single_family | 2 | 1 | 1,539 | $3,700 | 2026-04-02 | — |
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 |
|---|---|---|---|---|---|---|
| 7555 SW 79th Ave | single_family | 2 | 2 | 3,072 | $2,600,000 | 2026-06-18 |
| 6420 SW 58th Pl | single_family | 2 | 1 | 912 | $609,000 | 2026-06-05 |
| 6420 SW 81st St | single_family | 2 | 3 | 1,266 | $1,350,000 | 2026-05-07 |
| 7625 SW 50th Ave | single_family | 2 | 1 | 3,379 | $3,400,000 | 2026-04-23 |
| 7300 SW 72nd Ct | single_family | 2 | 1 | 1,916 | $2,100,000 | 2026-04-22 |
| 6501 SW 59th Ave | single_family | 2 | 1 | 1,154 | $535,000 | 2026-03-11 |
| 8200 Sunset Dr | single_family | 2 | 1 | 1,306 | $1,355,000 | 2026-03-10 |
| 6401 SW 59th Ave | single_family | 2 | 1 | 780 | $545,000 | 2026-02-26 |
| 5945 SW 85th Ave | single_family | 2 | 1 | 1,434 | $925,000 | 2026-02-10 |
| 5834 SW 66th St | single_family | 2 | 1 | 1,375 | $675,000 | 2025-12-17 |
| 5979 SW 58th Ter | single_family | 2 | 1 | 907 | $675,000 | 2025-12-04 |
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 |
|---|---|---|---|---|---|---|
| 7741 SW 55th Ave Unit 53A | condos | 2 | 1 | 786 | $425,000 | — |
| 7705 Camino Real Apt 101 | condos | 2 | 1 | 804 | $315,000 | — |
| 7850 Camino Real Apt 401 | condos | 2 | 1 | 804 | $305,000 | — |
| 7610 SW 82nd St Apt J208 | condos | 2 | 2 | 750 | $329,000 | — |
| 7505 SW 82nd St Apt 314 | condos | 2 | 1 | 832 | $245,000 | — |
| 8395 SW 73rd Ave Apt 115 | condos | 2 | 3 | 1,728 | $559,500 | — |
| 7344 SW 82nd St Apt C115 | condos | 2 | 2 | 1,000 | $195,000 | — |
| 7705 SW 86th St Unit B211 | condos | 2 | 2 | 1,200 | $335,000 | — |
10-year hold projection
IRR-1.7%
Equity multiple0.73x
Total return (10yr)$48,944
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $808,550 | $16,389 | -$34,199 | $621,191 | $187,359 |
| 2 | $832,807 | $16,997 | -$33,645 | $613,915 | $218,892 |
| 3 | $857,791 | $17,627 | -$33,071 | $606,138 | $251,652 |
| 4 | $883,524 | $18,279 | -$32,476 | $597,828 | $285,696 |
| 5 | $910,030 | $18,953 | -$31,860 | $588,947 | $321,083 |
| 6 | $937,331 | $19,650 | -$31,222 | $579,456 | $357,875 |
| 7 | $965,451 | $20,372 | -$30,562 | $569,314 | $396,137 |
| 8 | $994,415 | $21,118 | -$29,878 | $558,475 | $435,940 |
| 9 | $1,024,247 | $21,891 | -$29,169 | $546,892 | $477,355 |
| 10 | $1,054,974 | $22,690 | -$28,436 | $534,513 | $520,461 |
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.