1130-1132 NW 34th Ave
Miami, FL 33125 · multi_family · Pending — under contract · 136 days on market
Asking price$739,900
5 beds 4 baths 1,824 sqft
Suggested offer$464,604$275,296 above the est. market value of $464,604.
View on Realtor.com →Listed by Samuel Fugina · Marlin Realty Inc
Typemulti_family
Built1954
Price / sqft$406
Est. value (own analysis)$464,604
Rent estimate (building total, own analysis)$5,217/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood6/10major$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-04-19
Removed date—
MLSMiamiMLS #A12002889
Coordinates25.78338, -80.25153
Address1130-1132 NW 34th Ave
CityMiami
StateFL
Zip33125
Listing ID5092183169
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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 | $739,900 |
| Down payment (20.0%) | $147,980 |
| Loan amount | $591,920 |
| Closing costs (5.0%) | $36,995 |
| Total cash to close | $184,975 |
| Income | |
| Rent (estimate) | $5,217$62,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,799$57,592 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,172$14,058 |
| Insurance (est. scaled by flood & wind risk) | $863$10,359 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $261$3,130 |
| Total operating expenses | $2,296$27,547 |
| 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) | $261$3,130 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 1330 NW 5th St | multi_family | 5 | 5 | 2,690 | $1,100,000 | 2026-08-07 |
| 226 NW 16th Ave | multi_family | 5 | 1 | 2,637 | $470,000 | 2026-06-03 |
| 2029 NW 5th St | multi_family | 5 | 1 | 2,532 | $605,000 | 2026-04-21 |
| 1209 NW 33rd Ave | multi_family | 5 | 3 | 2,650 | $675,000 | 2026-02-27 |
| 1120 NW 32nd Ct | multi_family | 5 | 3 | 2,346 | $850,000 | 2025-08-29 |
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 |
|---|---|---|---|---|---|---|
| 1845 NW 16th St | multi_family | 5 | 3 | 2,871 | $640,000 | — |
| 935 NW 22nd Ct | multi_family | 5 | 3 | 1,758 | $769,000 | — |
| 2930 NW 12th St | multi_family | 5 | 3 | 2,189 | $839,000 | — |
| 2160 NW 18th Ter | multi_family | 5 | 4 | 2,552 | $1,180,000 | — |
| 1055 NW 32nd Ct | multi_family | 5 | 4 | 2,287 | $1,199,000 | — |
| 1052 NW 25th Ave | multi_family | 5 | 3 | 1,950 | $699,000 | — |
| single_family | 5 | 3 | 1,675 | $1,244,000 | — | |
| 3435 NW 4th St | multi_family | 5 | 3 | 1,970 | $975,000 | — |
10-year hold projection
IRR3.6%
Equity multiple1.57x
Total return (10yr)$202,661
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $762,097 | $30,045 | -$18,731 | $585,502 | $176,595 |
| 2 | $784,960 | $31,084 | -$17,770 | $578,644 | $206,316 |
| 3 | $808,509 | $32,158 | -$16,777 | $571,314 | $237,194 |
| 4 | $832,764 | $33,267 | -$15,749 | $563,482 | $269,282 |
| 5 | $857,747 | $34,414 | -$14,687 | $555,111 | $302,636 |
| 6 | $883,479 | $35,598 | -$13,589 | $546,165 | $337,314 |
| 7 | $909,984 | $36,822 | -$12,454 | $536,606 | $373,378 |
| 8 | $937,283 | $38,086 | -$11,280 | $526,389 | $410,894 |
| 9 | $965,402 | $39,393 | -$10,067 | $515,472 | $449,930 |
| 10 | $994,364 | $40,742 | -$8,813 | $503,804 | $490,560 |
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.