7803 NW Miami Pl
Miami, FL 33150 · multi_family · For Sale · 131 days on market
Asking price$549,000
3 beds 3 baths 1,537 sqft
Listed by Yves Gachette · Mega Int'l Realty
Typemulti_family
Built1960
Price / sqft$357
Est. value (own analysis)$602,466
Rent estimate (building total, own analysis)$3,341/mo
HOANone
1 / 2
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Statusfor_sale
Listed date2026-04-24
Removed date—
MLSMiamiMLS #A12007100
Coordinates25.84636, -80.19825
Address7803 NW Miami Pl
CityMiami
StateFL
Zip33150
Listing ID5182072901
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 | $549,000 |
| Down payment (20.0%) | $109,800 |
| Loan amount | $439,200 |
| Closing costs (5.0%) | $27,450 |
| Total cash to close | $137,250 |
| Income | |
| Rent (estimate) | $3,341$40,096 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,074$36,888 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $869$10,431 |
| Insurance (placeholder 0.8% of price) | $366$4,392 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $167$2,005 |
| Total operating expenses | $1,402$16,828 |
| 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) | $167$2,005 |
| 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
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| multi_family | 3 | 2 | 1,000 | $2,900 | 2026-08-18 | — |
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 |
|---|---|---|---|---|---|---|
| 6241 NW Miami Pl | multi_family | 3 | 2 | 1,800 | $850,000 | 2026-07-09 |
| 7612 NW 4th Ave | multi_family | 3 | 1 | 1,620 | $635,000 | 2026-07-08 |
| 772 NW 80th St | multi_family | 3 | 2 | 1,432 | $650,000 | 2026-05-27 |
| 93 NW 69th St | multi_family | 3 | 1 | 2,102 | $445,000 | 2026-05-20 |
| 8290 NW 5th Ave | multi_family | 3 | 2 | 1,404 | $520,000 | 2025-12-01 |
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
IRR2.5%
Equity multiple1.41x
Total return (10yr)$127,392
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $565,470 | $20,060 | -$15,814 | $434,438 | $131,032 |
| 2 | $582,434 | $20,746 | -$15,178 | $429,349 | $153,085 |
| 3 | $599,907 | $21,455 | -$14,521 | $423,911 | $175,996 |
| 4 | $617,904 | $22,187 | -$13,841 | $418,099 | $199,805 |
| 5 | $636,441 | $22,943 | -$13,139 | $411,888 | $224,554 |
| 6 | $655,535 | $23,724 | -$12,413 | $405,250 | $250,284 |
| 7 | $675,201 | $24,531 | -$11,663 | $398,157 | $277,044 |
| 8 | $695,457 | $25,365 | -$10,888 | $390,577 | $304,880 |
| 9 | $716,320 | $26,226 | -$10,086 | $382,476 | $333,845 |
| 10 | $737,810 | $27,115 | -$9,258 | $373,818 | $363,992 |
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.