2 NW 89th St
El Portal, FL 33150 · single_family · Pending — under contract · 131 days on market
Asking price$1,335,000
3 beds 2 baths 1,510 sqft
Suggested offer$613,422$721,578 above the est. market value of $613,422.
View on Realtor.com →Listed by Christina Fernandez · Acc Realty, Inc.
Typesingle_family
Built1953
Price / sqft$884
Est. value (own analysis)$613,422
Rent estimate (own analysis)$3,500/mo
HOANone
1 / 33
Show every detail
Statusfor_sale
Listed date2026-04-24
Removed date—
MLSMiamiMLS #A12006113
Coordinates25.85649, -80.19750
Address2 NW 89th St
CityEl Portal
StateFL
Zip33150
Listing ID5123753751
Sourceus-real-estate-listings, cached 2026-08-31
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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,335,000 |
| Down payment (20.0%) | $267,000 |
| Loan amount | $1,068,000 |
| Closing costs (5.0%) | $66,750 |
| Total cash to close | $333,750 |
| Income | |
| Rent (comp-derived) | $3,500$42,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,220$38,640 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,114$25,365 |
| Insurance (placeholder 0.8% of price) | $890$10,680 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $175$2,100 |
| Total operating expenses | $3,179$38,145 |
| 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) | $175$2,100 |
| 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
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 | 3 | 2 | 1,962 | $2,800 | 2026-08-20 | — | |
| single_family | 3 | 1 | 1,965 | $3,000 | 2026-08-19 | — | |
| single_family | 3 | 2 | 1,200 | $3,500 | 2026-08-18 | — | |
| single_family | 3 | 2 | 1,812 | $3,800 | 2026-08-05 | — | |
| single_family | 3 | 2 | 1,086 | $3,500 | 2026-07-24 | — | |
| single_family | 3 | 1 | 1,021 | $2,600 | 2026-07-13 | — | |
| single_family | 3 | 2 | 1,142 | $3,500 | 2026-06-11 | — | |
| single_family | 3 | 1 | 1,400 | $2,500 | 2026-05-29 | — | |
| single_family | 3 | 2 | 1,812 | $3,800 | 2026-08-04 | — | |
| single_family | 3 | 2 | 1,772 | $3,000 | — | — | |
| single_family | 3 | 3 | 1,400 | $4,000 | — | — | |
| single_family | 3 | 2 | 1,400 | $3,000 | 2026-08-26 | — | |
| single_family | 3 | 2 | 1,368 | $4,700 | 2026-08-07 | — | |
| single_family | 3 | 3 | 1,945 | $9,250 | 2026-08-06 | — | |
| single_family | 3 | 2 | 1,230 | $5,000 | 2026-08-26 | — | |
| single_family | 3 | 2 | 1,857 | $6,700 | 2026-08-04 | — | |
| single_family | 3 | 3 | 1,894 | $6,300 | 2026-07-23 | — | |
| single_family | 3 | 2 | 1,500 | $5,775 | 2026-05-29 | — | |
| single_family | 3 | 2 | 1,146 | $4,950 | 2026-08-02 | — | |
| single_family | 3 | 2 | 1,100 | $3,200 | — | — | |
| single_family | 3 | 2 | 1,831 | $4,950 | 2026-08-16 | — | |
| single_family | 3 | 3 | 1,350 | $3,450 | — | — | |
| single_family | 3 | 2 | 1,146 | $4,950 | — | — | |
| single_family | 3 | 2 | 1,140 | $3,000 | 2026-08-29 | — | |
| single_family | 3 | 1 | 1,150 | $3,000 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 751 NW 70th St | single_family | 3 | 2 | 1,372 | $535,000 | 2026-08-24 |
| 1086 NW 101st St | single_family | 3 | 1 | 946 | $360,000 | 2026-08-10 |
| 943 NW 63rd St | single_family | 3 | 1 | 1,021 | $415,000 | 2026-08-10 |
| 28 NW 100th St | single_family | 3 | 2 | 1,976 | $778,000 | 2026-08-03 |
| 430 NW 88th St | single_family | 3 | 2 | 1,908 | $1,030,000 | 2026-07-30 |
| 172 NW 90th St | single_family | 3 | 2 | 1,697 | $1,225,000 | 2026-07-27 |
| 7740 NW 8th Ave | single_family | 3 | 2 | 1,210 | $409,000 | 2026-07-21 |
| 470 NW 88th Ter | single_family | 3 | 2 | 1,678 | $1,055,000 | 2026-07-10 |
| 117 NW 102nd St | single_family | 3 | 2 | 1,393 | $825,000 | 2026-06-30 |
| 440 NW 89th St | single_family | 3 | 2 | 1,920 | $580,000 | 2026-06-24 |
| 7631 NW 4th Ave | single_family | 3 | 1 | 1,070 | $435,000 | 2026-06-22 |
| 410 NW 98th St | single_family | 3 | 2 | 957 | $420,000 | 2026-06-22 |
| 6723 NW 6th Ave | single_family | 3 | 2 | 1,400 | $549,000 | 2026-06-12 |
| 1129 NW 105th St | single_family | 3 | 2 | 1,338 | $340,000 | 2026-06-09 |
| 510 NW 105th St | single_family | 3 | 2 | 1,463 | $680,000 | 2026-06-08 |
| 25 NW 104th St | single_family | 3 | 1 | 1,460 | $785,000 | 2026-05-26 |
| 118 NW 103rd St | single_family | 3 | 2 | 1,433 | $901,000 | 2026-05-21 |
| 8700 N Miami Ave | single_family | 3 | 2 | 1,500 | $975,000 | 2026-05-11 |
| 1061 NW 87th St | single_family | 3 | 2 | 1,642 | $640,000 | 2026-05-06 |
| 7742 NW 2nd Ave | single_family | 3 | 2 | 852 | $400,000 | 2026-05-06 |
| 9511 NW 5th Ave | single_family | 3 | 2 | 1,328 | $580,000 | 2026-05-05 |
| 6940 NW 5th Pl | single_family | 3 | 2 | 1,260 | $505,000 | 2026-05-01 |
| 9900 NW 12th Ave | single_family | 3 | 1 | 2,147 | $480,000 | 2026-05-01 |
| 574 NW 98th St | single_family | 3 | 2 | 1,376 | $530,000 | 2026-04-29 |
| 827 NW 73rd St | single_family | 3 | 2 | 1,635 | $438,000 | 2026-04-24 |
| 1011 NW 89th St | single_family | 3 | 3 | 1,751 | $710,000 | 2026-04-23 |
| 808 NW 75th St | single_family | 3 | 2 | 1,503 | $450,000 | 2026-04-23 |
| 830 NW 74th St | single_family | 3 | 1 | 995 | $425,000 | 2026-04-23 |
| 9518 N Miami Ave | single_family | 3 | 1 | 1,281 | $955,000 | 2026-04-23 |
| 1090 NW 77th St | single_family | 3 | 2 | 1,640 | $565,000 | 2026-04-22 |
| 755 NW 83rd St | single_family | 3 | 2 | 1,470 | $583,000 | 2026-04-10 |
| 151 NW 87th St | single_family | 3 | 3 | 1,950 | $1,925,000 | 2026-04-09 |
| 944 NW 64th St | single_family | 3 | 2 | 1,330 | $540,000 | 2026-04-07 |
| 291 NW 95th St | single_family | 3 | 2 | 1,210 | $575,000 | 2026-04-07 |
| 9416 NW 4th Ave | single_family | 3 | 2 | 1,351 | $300,000 | 2026-04-03 |
| 940 NW 67th St | single_family | 3 | 2 | 1,473 | $340,000 | 2026-04-01 |
| 1035 NW 64th St | single_family | 3 | 2 | 1,021 | $480,000 | 2026-03-30 |
| 1150 NW 66th St | single_family | 3 | 3 | 2,427 | $580,000 | 2026-03-27 |
| 860 NW 70th St | single_family | 3 | 2 | 1,252 | $525,000 | 2026-03-26 |
| 8174 NW 4th Ave | single_family | 3 | 1 | 854 | $120,000 | 2026-03-25 |
| 748 NW 77th Ter | single_family | 3 | 2 | 936 | $499,000 | 2026-03-20 |
| 8280 NW 5th Ave | single_family | 3 | 3 | 1,056 | $480,000 | 2026-03-19 |
| 1115 NW 85th St | single_family | 3 | 1 | 1,507 | $465,000 | 2026-03-11 |
| 1130 NW 91st St | single_family | 3 | 2 | 1,179 | $535,000 | 2026-02-18 |
| 8550 N Miami Ave | single_family | 3 | 2 | 1,466 | $765,000 | 2026-02-10 |
| 7320 NW 11th Ave | single_family | 3 | 2 | 1,330 | $300,000 | 2026-02-05 |
| 9674 NW 10th Ave Lot E526 | single_family | 3 | 2 | 1,144 | $123,900 | 2026-01-28 |
| 475 NW 88th Ter | single_family | 3 | 2 | 1,728 | $875,000 | 2026-01-26 |
| 10001 N Miami Ave | single_family | 3 | 2 | 1,935 | $1,015,000 | 2026-01-09 |
| 151 NW 64th St | single_family | 3 | 2 | 1,228 | $430,000 | 2025-12-19 |
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 |
|---|---|---|---|---|---|---|
| 595 NW 101st St | single_family | 3 | 2 | 854 | $439,900 | — |
| 1135 NW 65th St | single_family | 3 | 1 | 856 | $270,000 | — |
| 6950 NW 6th Ct | multi_family | 3 | 2 | 1,316 | $499,900 | — |
| 7010 NW 6th Ave | single_family | 3 | 2 | 1,203 | $415,000 | — |
| 9407 NW 4th Ave | single_family | 3 | 1 | 1,364 | $564,900 | — |
| 1067 NW 101st St | single_family | 3 | 2 | 1,217 | $558,000 | — |
| multi_family | 3 | 2 | 1,473 | $560,000 | — | |
| 8325 NW 5th Ave Unit 8325 | condos | 3 | 2 | 1,150 | $250,000 | — |
10-year hold projection
IRR-6.9%
Equity multiple-0.16x
Total return (10yr)-$213,391
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,375,050 | $495 | -$83,964 | $1,056,420 | $318,630 |
| 2 | $1,416,302 | $701 | -$83,811 | $1,044,046 | $372,256 |
| 3 | $1,458,791 | $917 | -$83,648 | $1,030,821 | $427,969 |
| 4 | $1,502,554 | $1,145 | -$83,476 | $1,016,689 | $485,866 |
| 5 | $1,547,631 | $1,385 | -$83,292 | $1,001,585 | $546,046 |
| 6 | $1,594,060 | $1,637 | -$83,098 | $985,445 | $608,615 |
| 7 | $1,641,882 | $1,902 | -$82,893 | $968,196 | $673,685 |
| 8 | $1,691,138 | $2,180 | -$82,675 | $949,763 | $741,375 |
| 9 | $1,741,872 | $2,472 | -$82,446 | $930,064 | $811,808 |
| 10 | $1,794,128 | $2,779 | -$82,203 | $909,012 | $885,116 |
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.