8010 Ponce De Leon Rd

Miami, FL 33143 · single_family · For Sale · 274 days on market
Asking price$9,795,000
7 beds 8 baths 6,962 sqft
Suggested offer$9,528,285$266,715 above the est. market value of $9,528,285.
View on Realtor.com →
Listed by Judy Zeder · Coldwell Banker Realty
Typesingle_family
Built2004
Price / sqft$1407
Est. value (own analysis)$9,528,285
Rent estimate (own analysis)$25,000/mo
HOANone
Wind10/10Extreme$Heat9/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2025-12-02
Removed date
MLSMiamiMLS #A11921566
Coordinates25.69674, -80.27319
Address8010 Ponce De Leon Rd
CityMiami
StateFL
Zip33143
Listing ID5085826559
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)

Purchase price$9,795,000
Down payment (20.0%)$1,959,000
Loan amount$7,836,000
Closing costs (5.0%)$489,750
Total cash to close$2,448,750
Rent (comp-derived)$25,000$300,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$300,000
Vacancy rate (assumption) assumption8.0%

$300,000 × 8.0% = $24,000

Effective gross income$23,000$276,000
Property tax (placeholder 1.9% of price)$15,509$186,105
Insurance (est. scaled by flood & wind risk)$10,448$125,376
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,250$15,000
Total operating expenses$27,207$326,481
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$276,000
Total operating expenses derived$326,481

$276,000 − $326,481 = -$50,481

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$7,836,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$7,836,000 amortized at 6.7% over 30 years = $50,356/mo

CapEx reserve (5.0% of GSR)$1,250$15,000
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-$50,481
Annual debt service derived$604,275
Annual CapEx reserve assumption$15,000
Annual PMI assumption$0

(-$50,481 − $604,275 − $15,000 − $0) ÷ 12 = -$55,813

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$50,481
Purchase price data$9,795,000

-$50,481 ÷ $9,795,000 = -0.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$669,756
Total cash to close derived$2,448,750

-$669,756 ÷ $2,448,750 = -27.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$50,481
Annual debt service derived$604,275

-$50,481 ÷ $604,275 = -0.08

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$300,000
Purchase price data$9,795,000

($300,000 ÷ 12) ÷ $9,795,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$9,795,000
Gross scheduled rent (annual) comp$300,000

$9,795,000 ÷ $300,000 = 32.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$326,481
Effective gross income derived$276,000

$326,481 ÷ $276,000 = 118.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$326,481
Annual debt service derived$604,275
Annual PMI assumption$0
Gross scheduled rent (annual) comp$300,000

($326,481 + $604,275 + $0) ÷ $300,000 = 310.3%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family775,119$13,9902026-06-17
single_family795,797$27,0002026-07-29
single_family778,000$25,0002026-09-01

8480 SW 98th St

Miami, 33156 · rent comp

Bedrooms / bathrooms7 bd / 7 ba
Square footage5,119
Listed2026-06-17
Days on market

Asking rent: $13,990

View on Zillow →

7745 SW 54th Ave

Miami, 33143 · rent comp

Bedrooms / bathrooms7 bd / 9 ba
Square footage5,797
Listed2026-07-29
Days on market

Asking rent: $27,000

View on Zillow →

11531 SW 93rd St

Miami, 33176 · rent comp

Bedrooms / bathrooms7 bd / 7 ba
Square footage8,000
Listed2026-09-01
Days on market

Asking rent: $25,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
5545 SW 81st Tersingle_family78$18,850,0002026-06-23
8301 SW 53rd Avesingle_family786,702$12,550,0002026-06-18
4780 SW 86th Tersingle_family799,909$15,000,0002026-05-22
7420 SW 52nd Avesingle_family766,138$7,650,0002026-04-09
4845 SW 78th Stsingle_family778,038$8,800,0002026-03-03
104 Paloma Drsingle_family776,576$9,000,0002026-02-06

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
7745 SW 54th Avesingle_family795,797$5,395,000
7930 SW 52nd Ctsingle_family785,452$5,650,000
7855 SW 83rd Ctsingle_family777,831$5,395,000
4640 Sunset Drsingle_family797,339$11,200,000
7910 SW 73rd Ctsingle_family743,667$2,600,000
8400 SW 52nd Avesingle_family786,495$8,270,000
7538 SW 64th Stsingle_family787,395$5,400,000
5095 SW 82nd Stsingle_family71010,693$24,500,000

10-year hold projection

IRR-8.3%
Equity multiple-0.41x
Total return (10yr)-$2,169,302
YearProperty valueNOICash flowLoan balanceEquity
1$10,088,850-$50,481-$669,756$7,751,040$2,337,810
2$10,391,516-$50,363-$670,013$7,660,246$2,731,269
3$10,703,261-$50,201-$670,235$7,563,217$3,140,044
4$11,024,359-$49,992-$670,420$7,459,526$3,564,833
5$11,355,090-$49,734-$670,566$7,348,713$4,006,377
6$11,695,742-$49,424-$670,670$7,230,291$4,465,452
7$12,046,615-$49,059-$670,730$7,103,736$4,942,878
8$12,408,013-$48,638-$670,743$6,968,491$5,439,522
9$12,780,253-$48,157-$670,708$6,823,959$5,956,294
10$13,163,661-$47,613-$670,621$6,669,501$6,494,160
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.