1225 SW 11th Ave
Miami, FL 33129 · multi_family · For Sale · 61 days on market
Asking price$2,200,000
4 beds 3 baths 2,058 sqft
Suggested offer$961,154$1,238,846 above the est. market value of $961,154.
View on Realtor.com →Listed by Miriam Ruiz · Great Properties International Llc
Typemulti_family
Built1952
Price / sqft$1069
Est. value (own analysis)$961,154
Rent estimate (building total, own analysis)$7,841/mo
HOANone
1 / 6
Show every detail
Statusfor_sale
Listed date2026-07-03
Removed date—
MLSMiamiMLS #A12045976
Coordinates25.76158, -80.21227
Address1225 SW 11th Ave
CityMiami
StateFL
Zip33129
Listing ID5183516919
Sourceus-real-estate-listings, cached 2026-08-25
ZIP market snapshot (33129)
Typical home value (ZHVI)$689,590
Typical rent (ZORI)$3,599/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 | $2,200,000 |
| Down payment (20.0%) | $440,000 |
| Loan amount | $1,760,000 |
| Closing costs (5.0%) | $110,000 |
| Total cash to close | $550,000 |
| Income | |
| Rent (estimate) | $7,841$94,092 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,214$86,564 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,483$41,800 |
| Insurance (placeholder 0.8% of price) | $1,467$17,600 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $392$4,705 |
| Total operating expenses | $5,342$64,105 |
| 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) | $392$4,705 |
| 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 | 4 | 2 | 1,686 | $3,400 | 2026-08-24 | — |
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 821 SW 11th St | multi_family | 4 | 2 | 1,938 | $520,000 | 2026-07-22 |
| 1025 SW 11th St | multi_family | — | — | 2,002 | $935,000 | 2026-05-12 |
| 1112 SW 11th Ave | multi_family | — | — | 1,980 | $675,000 | 2026-05-01 |
| 335 SW 22nd Rd | multi_family | 5 | 1 | 2,286 | $1,287,000 | 2026-03-09 |
| 1026 SW 12th St | multi_family | 3 | 1 | 1,947 | $360,000 | 2025-12-02 |
| 350 SW 17th Rd | multi_family | — | — | 1,176 | $575,000 | 2025-09-12 |
| 352 SW 17th Rd | multi_family | — | — | 1,211 | $575,000 | 2025-09-12 |
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 |
|---|---|---|---|---|---|---|
| 175 SE 25th Rd Apt 3601 | condos | 4 | 5 | 2,743 | $6,450,000 | — |
| 2311 SW 5th Ave | single_family | 4 | 4 | — | $2,390,000 | — |
| 1142 SW 22 Ter | single_family | 4 | 3 | 2,840 | $2,325,000 | — |
| 1140 SW 22 Ter | single_family | 4 | 3 | 2,750 | $2,275,000 | — |
| 530 SW 18th Ter | single_family | 4 | 4 | 2,023 | $2,399,000 | — |
| 175 SE 25th Rd Apt 2701 | condos | 4 | 5 | 2,743 | $5,750,000 | — |
| 330 SW 19th Rd | single_family | 4 | 5 | 2,962 | $3,750,000 | — |
| 440 SW 29th Rd | single_family | 4 | 3 | 2,674 | $2,399,000 | — |
10-year hold projection
IRR-4.4%
Equity multiple0.26x
Total return (10yr)-$117,143
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,266,000 | $22,460 | -$117,968 | $1,740,918 | $525,082 |
| 2 | $2,333,980 | $23,454 | -$117,091 | $1,720,525 | $613,455 |
| 3 | $2,403,999 | $24,486 | -$116,179 | $1,698,732 | $705,267 |
| 4 | $2,476,119 | $25,558 | -$115,231 | $1,675,442 | $800,677 |
| 5 | $2,550,403 | $26,670 | -$114,246 | $1,650,554 | $899,849 |
| 6 | $2,626,915 | $27,823 | -$113,222 | $1,623,955 | $1,002,960 |
| 7 | $2,705,723 | $29,021 | -$112,158 | $1,595,531 | $1,110,192 |
| 8 | $2,786,894 | $30,263 | -$111,052 | $1,565,154 | $1,221,740 |
| 9 | $2,870,501 | $31,552 | -$109,903 | $1,532,692 | $1,337,809 |
| 10 | $2,956,616 | $32,889 | -$108,709 | $1,498,000 | $1,458,616 |
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.