300 NW 84th Ter Unit 300

Miami, FL 33150 · condos · For Sale · 85 days on market
Asking price$180,000
1 beds 1 baths 465 sqft
Suggested offer$172,300$7,700 above the est. market value of $172,300.
View on Realtor.com →
Listed by Denise Haeussler Leatherbee · London Foster Realty
Typecondos
Built
Price / sqft$387
Est. value (Realtor.com)$172,300
Rent estimate (own analysis)$1,700/mo
HOA$121/mo
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Neighborhood

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Statusfor_sale
Listed date2026-06-10
Removed date
MLSMiamiMLS #A12020371
Coordinates25.85134, -80.20208
Address300 NW 84th Ter Unit 300
CityMiami
StateFL
Zip33150
Listing ID5054560433
Sourcerealtor, cached 2026-08-21

ZIP market snapshot (33150)

Typical home value (ZHVI)$453,432
Typical rent (ZORI)$2,416/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)

Purchase price$180,000
Down payment (20.0%)$36,000
Loan amount$144,000
Closing costs (5.0%)$9,000
Total cash to close$45,000
Rent (comp-derived)$1,700$20,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$20,400
Vacancy rate (assumption) assumption8.0%

$20,400 × 8.0% = $1,632

Effective gross income$1,564$18,768
Property tax (real MLS tax bill, from Realtor Search)$117$1,401
Insurance (placeholder 0.8% of price)$120$1,440
HOA dues$121$1,452
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$85$1,020
Total operating expenses$443$5,313
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$18,768
Total operating expenses derived$5,313

$18,768 − $5,313 = $13,455

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$144,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$144,000 amortized at 6.7% over 30 years = $925/mo

CapEx reserve (5.0% of GSR)$85$1,020
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$13,455
Annual debt service derived$11,105
Annual CapEx reserve assumption$1,020
Annual PMI assumption$0

($13,455 − $11,105 − $1,020 − $0) ÷ 12 = $111

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,455
Purchase price data$180,000

$13,455 ÷ $180,000 = 7.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$1,330
Total cash to close derived$45,000

$1,330 ÷ $45,000 = 3.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,455
Annual debt service derived$11,105

$13,455 ÷ $11,105 = 1.21

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$20,400
Purchase price data$180,000

($20,400 ÷ 12) ÷ $180,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$180,000
Gross scheduled rent (annual) comp$20,400

$180,000 ÷ $20,400 = 8.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$5,313
Effective gross income derived$18,768

$5,313 ÷ $18,768 = 28.3%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$5,313
Annual debt service derived$11,105
Annual PMI assumption$0
Gross scheduled rent (annual) comp$20,400

($5,313 + $11,105 + $0) ÷ $20,400 = 80.5%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos11465$1,5002026-08-19
apartment11505$1,9002026-08-15
apartment11480$1,0002026-08-07
condos11550$1,7002026-08-05
apartment11600$1,8002026-07-09
apartment11542$1,7502026-07-08
apartment11592$1,9002026-07-08
apartment11520$1,6502026-07-02
apartment11589$1,3782026-06-25
apartment11505$1,7002026-06-22
condos11465$1,7992026-06-17
apartment11550$1,5002026-06-05
apartment11550$1,6002026-05-18
apartment11550$1,9002026-09-02
condos11551$1,5002026-08-04
apartment11505$1,3002026-07-28
apartment11600$1,9002026-04-22
apartment11600$1,8002026-04-06
apartment11462$1,7002026-03-17
apartment11480$1,000

301 NW 84th St Unit 301

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage465
Listed2026-08-19
Days on market

Asking rent: $1,500

View on Zillow →

127 NW 74th St Apt 2

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage505
Listed2026-08-15
Days on market

Asking rent: $1,900

View on Zillow →

844 NW 70th St Unit 844-03

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage480
Listed2026-08-07
Days on market

Asking rent: $1,000

View on Zillow →

8329 NW 5th Ave Unit 1

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage550
Listed2026-08-05
Days on market

Asking rent: $1,700

View on Zillow →

46 NW 62nd St Apt 4

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-07-09
Days on market

Asking rent: $1,800

View on Zillow →

101 NW 74th St Apt 1

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage542
Listed2026-07-08
Days on market

Asking rent: $1,750

View on Zillow →

510 NW 90th St

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage592
Listed2026-07-08
Days on market

Asking rent: $1,900

View on Zillow →

60 NW 79th St Apt 27

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage520
Listed2026-07-02
Days on market

Asking rent: $1,650

View on Zillow →

7901 NW 7th Ave Apt 1102

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage589
Listed2026-06-25
Days on market

Asking rent: $1,378

View on Zillow →

127 NW 74th St Apt 3

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage505
Listed2026-06-22
Days on market

Asking rent: $1,700

View on Zillow →

300 NW 84th Ter Unit 300

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage465
Listed2026-06-17
Days on market

Asking rent: $1,799

View on Zillow →

156 NW 62nd St Unit 1

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage550
Listed2026-06-05
Days on market

Asking rent: $1,500

View on Zillow →

60 NW 79th St Apt 6

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage550
Listed2026-05-18
Days on market

Asking rent: $1,600

View on Zillow →

6950 NW 8th Ave Apt 5

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage550
Listed2026-09-02
Days on market

Asking rent: $1,900

View on Zillow →

70 NW 77th St Apt 25

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage551
Listed2026-08-04
Days on market

Asking rent: $1,500

View on Zillow →

6901 NW 8th Ave Apt 5

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage505
Listed2026-07-28
Days on market

Asking rent: $1,300

View on Zillow →

54 NW 62nd St Apt 4

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-04-22
Days on market

Asking rent: $1,900

View on Zillow →

54 NW 62nd St Apt 1

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-04-06
Days on market

Asking rent: $1,800

View on Zillow →

60 NW 79th St Apt 10

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage462
Listed2026-03-17
Days on market

Asking rent: $1,700

View on Zillow →

844 NW 70th St # 844-0

Miami, 33150 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage480
Listed
Days on market

Asking rent: $1,000

View on Zillow →

Widened to any bedroom count in ZIP. 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.

AddressTypeBedsBathsLiving sqftSale priceSale date
457 NW 84th St Unit 457condos321,150$165,0002026-05-22
8301 NW 5th Ave Unit 8301condos421,410$170,0002026-04-10
8459 NW 4th Ct Unit 8459condos21930$202,9502025-12-05
429 NW 83rd St Unit 429condos431,660$223,8002025-10-06
8448 NW 4 Unit 8448condos21930$205,0002025-10-06

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.

AddressTypeBedsBathsSqftAsking priceDays on market
8044 NW 1st Plmulti_family121,531$815,000
71 NW 76th St Apt 16condos11568$148,000
70 NW 77th St Apt 9condos11551$123,900
6960 NW 4th Ave Apt 3condo_townhome_rowhome_coop11690$198,000
70 NW 77th St Apt 11condos11551$150,000
71 NW 76th St Apt 5condos11551$130,000

10-year hold projection

IRR13.4%
Equity multiple3.07x
Total return (10yr)$116,498
YearProperty valueNOICash flowLoan balanceEquity
1$185,400$13,455$1,330$142,439$42,961
2$190,962$13,885$1,735$140,770$50,192
3$196,691$14,329$2,153$138,987$57,704
4$202,592$14,787$2,584$137,082$65,510
5$208,669$15,259$3,029$135,046$73,624
6$214,929$15,746$3,487$132,869$82,060
7$221,377$16,249$3,961$130,544$90,834
8$228,019$16,767$4,450$128,058$99,960
9$234,859$17,301$4,954$125,402$109,457
10$241,905$17,853$5,474$122,564$119,341
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.